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TECS vs TNA

Direxion Daily Technology Bear 3X Shares vs Direxion Daily Small Cap Bull 3X Shares

TECS

Direxion Daily Technology Bear 3X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$80M

TNA

Direxion Daily Small Cap Bull 3X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$1.5B

Key differences

  • TNA is significantly larger than TECS — larger funds tend to be more liquid and less likely to close.
  • TECS follows a inverse strategy; TNA uses leveraged.
  • Over the last 3 years, TNA has delivered higher annualized returns.

Side-by-side comparison

TECSTNA
Annual cost (TER)1.01%1.05%
Fund size (AUM)$80M$1.5B
Since20082008
Dividend yield5.67%0.44%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-77.4%+130.8%
CAGR 3Y-64.6%+30.7%
CAGR 5Y-57.9%-5.2%
Sharpe 3Y-1.170.68
Volatility 1Y61.39%57.15%
Max drawdown-99.99%-88.09%

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

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