(TECL) Direxion Daily Technology - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 6.243m USD | Total Return: 240.4% in 12m

Leveraged ETFs, Swap Agreements, Technology Stocks
Total Rating 93
Safety 34
Buy Signal 1.11
Trading--Leveraged Equity
Category Rotation: -5.2
TER: 0.94%
AUM: 6.24B
Avg Turnover: 215M
Risk 3d forecast
Volatility56.0%
VaR 5th Pctl10.6%
VaR vs Median4.70%
Reward TTM
Sharpe Ratio2.24
Rel. Str. IBD97.3
Rel. Str. Peer Group89.3
Character TTM
Beta4.000
Beta Downside4.000
Hurst Exponent0.464
Drawdowns 3y
Max DD66.58%
CAGR/Max DD1.12
CAGR/Mean DD4.48

Warnings

No concerns identified

Tailwinds

Supp Ema8, Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind

Description: TECL Direxion Daily Technology

The Direxion Daily Technology Bull 3X Shares (TECL) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the Technology Select Sector Index. To achieve this objective, the fund invests a minimum of 80% of its assets in a combination of domestic technology stocks, swap agreements, and other tracking ETFs. Due to the effects of daily compounding, this non-diversified fund is intended for short-term trading rather than long-term investment.

The underlying index focuses on U.S. companies within the technology sector, which primarily includes businesses involved in software development, semiconductor manufacturing, and IT services. This sector is characterized by high research and development (R&D) expenditures and sensitivity to interest rate fluctuations. Investors should examine ValueRay to evaluate how these sector dynamics impact specific holdings within the index.

Headlines to Watch Out For
  • Magnified volatility from 300% daily leverage amplifies standard technology sector price swings
  • Concentration in mega-cap technology stocks dictates primary underlying index performance
  • Federal Reserve interest rate pivots impact high-growth technology company valuations
  • Compounding effects and daily rebalancing cause long-term performance deviation from index
  • Semiconductor demand and enterprise software spending drive core constituent revenue growth
What is the price of TECL shares?

As of May 29, 2026, the stock is trading at USD 230.25 with a total of 917,172 shares traded.
Over the past week, the price has changed by +16.94%, over one month by +62.11%, over three months by +128.52% and over the past year by +240.40%.

Is TECL a buy, sell or hold?

Direxion Daily Technology has no consensus analysts rating.