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TECS vs TZA

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

TECS

Direxion Daily Technology Bear 3X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$80M

TZA

Direxion Daily Small Cap Bear 3X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$270M

Key differences

  • TZA is significantly larger than TECS — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, TZA has delivered higher annualized returns.

Side-by-side comparison

TECSTZA
Annual cost (TER)1.01%0.99%
Fund size (AUM)$80M$270M
Since20082008
Dividend yield5.67%4.33%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-77.4%-67.4%
CAGR 3Y-64.6%-46.0%
CAGR 5Y-57.9%-30.9%
Sharpe 3Y-1.17-0.70
Volatility 1Y61.39%57.16%
Max drawdown-99.99%-99.70%

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

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