FundNYSEARCATechnology

Direxion Daily Technology Bear 3X Shares

TECS NYSE Arca

The Direxion Daily Technology Bear 3X Shares seek daily investment results, before fees and expenses, of 300% of the inverse (or opposite), of the performance of the Technology Select Sector Index. This leveraged ETF seeks a return that is -300% the return of its benchmark index for a single day

51.38USD
−128.63 (−71.46%) 1 Year · close Oct 12

Hover to inspectDrag to measure a move← → to step through days

Fund size
67.8M
as of Feb 2020
Expense ratio
1.10%
per year
Dividend yield
2.33%
Yearly
Volatility · 1Y
78.9%
High Risk
Beta
-4.09
vs the market
52-week range
47.25232.30
01 Performance

How TECS has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 12
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
+0.7 pts
-50%0% TECS −70.8% Price −71.5%

Over 1 year, TECS returned −70.8% with dividends reinvested — dividends added +0.7 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
78.9%High Risk

A typical year sees the price swing about ±79% around its trend.

Drawdown from peak

How far below its previous high the price has been
−79.7%
0%-46%−79.7%

Deepest fall −79.7% on Oct 6, 2026 — 190 days after the previous high
More than 5% below a high 94% of the time.

Market sensitivity

Beta
Market moves+10.0%
TECS tends to move−40.9%

A beta of -4.09 means TECS has moved less than the market.

Sharpe ratio -1.86 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
51.38
  • 12-day average50.75 +1.2%
  • 26-day average53.75 −4.4%
  • 50-day average58.71 −12.5%
  • 200-day average114.26 −55.0%

The price is above 1 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought47.2

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Technology · Inverse — tracking the Technology Select Sector Index.

  • Assets under management67.8MUSD
  • Expense ratio1.10%per year
  • Holdings26
  • Risk score7.9High

Launched December 2008. Listed options available. Fund data as of Feb 27, 2020.

05 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield2.33%

About 23 USD a year for every 1,000 USD invested at today's price.

Per share
1.20
Frequency
Yearly
Last paid
Sep 22, 2026

Last 12 months

1.20 USD / share
0.19Dec 230.51Jun 230.50Sep 22
06 Themes

Where TECS shows up

Curated themes and indices that hold TECS. Open one to see it in context, or test the whole theme in a portfolio.

07 Profile

About Direxion Daily Technology Bear 3X Shares

The Direxion Daily Technology Bear 3X Shares seek daily investment results, before fees and expenses, of 300% of the inverse (or opposite), of the performance of the Technology Select Sector Index. This leveraged ETF seeks a return that is -300% the return of its benchmark index for a single day

  • Featured in 1 curated theme
  • 26 holdings
Ticker
TECS
Exchange
NYSE Arca
ISIN
US25460G8722
CUSIP
25460G872
Currency
U.S. Dollar (USD)
Country
USA
Sector
Technology
Industry
Inverse
Benchmark
Technology Select Sector Index
All key statistics

Details

NameDirexion Daily Technology Bear 3X Shares
TickerTECS
ISINUS25460G8722
CUSIP25460G872
ExchangeNYSEARCA
CategoryTechnology
Sub CategoryInverse
CountryUSA
CurrencyU.S. Dollar
Inception DateDec 17, 2008
BenchmarkTechnology Select Sector Index

Shareas of Oct 12, 2026

Close Price USD51.38
52W Low / High 47.25 / 232.30
1Y Total Return-70.79%
Subpar
1Y Volatility77.82%
High Risk
Beta-4.09
12M Dividends1.1978
Last Dividend DateSep 22, 2026
Dist. FrequencyYearly
Dividend Yield2.33%

Dataas of Feb 27, 2020

AUM68 M
Discount/Premium0.168%
NAV7.75
Shares Outstanding8.8 M
Volume 20D Avg4.2 M
Nbr of Holdings26
Risk RankHigh
Net Expense1.100%
Options availableYes
Next step

Put TECS to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test TECS in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.