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TECS vs SPDN

Direxion Daily Technology Bear 3X Shares vs Direxion Daily S&P 500 Bear 1X Shares

TECS

Direxion Daily Technology Bear 3X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$80M

SPDN

Direxion Daily S&P 500 Bear 1X Shares

Direxion Funds

Annual cost

0.48%

Fund size

$219M

Key differences

  • SPDN costs 0.53% less per year.
  • Over the last 3 years, SPDN has delivered higher annualized returns.
  • TECS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TECSSPDN
Annual cost (TER)1.01%0.48%
Fund size (AUM)$80M$219M
Since20082016
Dividend yield5.67%3.94%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-77.4%-18.4%
CAGR 3Y-64.6%-13.2%
CAGR 5Y-57.9%-9.3%
Sharpe 3Y-1.17-1.11
Volatility 1Y61.39%12.30%
Max drawdown-99.99%-75.08%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TECS and SPDN