TECS Performance — Direxion Daily Technology Bear 3X Shares
Data updated: 2026-09-28
TECS returned −55.86% year to date and −67.75% over one year to Jul 2026. Annualised returns are −59.62% over 3 years and −54.71% over 5 years. The fund trailed its Trading - Inverse category average: $100 invested three years ago grew to $7, against $39 for the category, and to $32 over one year, against $73. Volatility over the past three years was 59.18% a year. In the 12 months to Jul 2026 the fund took in a net $79.2M, and assets reached $73.40M.
TECS Growth of $100
What $100 invested in Direxion Daily Technology Bear 3X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | TECS | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $32 | $73 |
| 3 years (Aug 2023 – Jul 2026) | $7 | $39 |
| 5 years (Aug 2021 – Jul 2026) | $2 | $35 |
| Since data start (Aug 2019 – Jul 2026) | $0 | $12 |
TECS Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −55.86% |
| 1 year | −67.75% |
| 3 years (annualised) | −59.62% |
| 5 years (annualised) | −54.71% |
TECS Annual Returns
Calendar-year total returns of Direxion Daily Technology Bear 3X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −55.86% |
| 2025 | −62.62% |
| 2024 | −49.73% |
| 2023 | −74.44% |
| 2022 | +44.95% |
| 2021 | −67.74% |
| 2020 | −87.82% |
| 2019 (Aug–Dec) | −36.53% |
TECS Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.3% | +8.9% | +10.3% | −43.0% | −43.3% | −7.1% | +22.5% | — | — | — | — | — |
| 2025 | 0.0% | +6.1% | +26.0% | −24.5% | −25.8% | −24.7% | −9.4% | +0.1% | −19.4% | −18.4% | +13.8% | −2.4% |
| 2024 | −8.2% | −13.2% | −2.2% | +19.3% | −18.5% | −20.3% | +7.3% | −5.6% | −9.4% | +4.1% | −13.8% | +0.7% |
| 2023 | −24.5% | −2.6% | −27.3% | +0.5% | −23.3% | −16.4% | −6.7% | +4.3% | +22.7% | −0.2% | −30.4% | −10.6% |
| 2022 | +18.3% | +11.6% | −14.6% | +33.5% | −5.8% | +25.6% | −33.6% | +17.7% | +42.5% | −24.6% | −23.8% | +27.0% |
| 2021 | +0.7% | −6.2% | −9.3% | −15.7% | +0.6% | −19.0% | −11.7% | −10.6% | +18.1% | −22.1% | −13.5% | −12.8% |
| 2020 | −12.2% | +20.5% | −25.6% | −40.4% | −20.6% | −22.3% | −17.5% | −30.2% | +10.3% | +12.4% | −29.8% | −16.2% |
| 2019 | — | — | — | — | — | — | — | +1.1% | −5.0% | −11.8% | −14.5% | −12.3% |
TECS Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 59.18%
- 3-year Sharpe ratio: -1.08 (vs 4.5% risk-free rate)
- Best month: +26.01% (Mar 2025)
- Worst month: −43.25% (May 2026)
TECS Fund Flows
Monthly money in and out of Direxion Daily Technology Bear 3X Shares, from SEC Form N-PORT.
- 12-month net flow: $79.2M
- 12-month gross sales (incl. reinvestments): $350.1M
- Sales ÷ redemptions: 1.29×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $13.0M | $26.8M | −$13.8M |
| Jun 2026 | $43.6M | $26.6M | $17.0M |
| May 2026 | $26.6M | $11.7M | $14.9M |
| Apr 2026 | $61.4M | $14.1M | $47.4M |
| Mar 2026 | $27.1M | $60.8M | −$33.7M |
| Feb 2026 | $41.0M | $31.6M | $9.4M |
| Jan 2026 | $14.6M | $5.1M | $9.5M |
| Dec 2025 | $5.9M | $7.8M | −$1.9M |
| Nov 2025 | $26.0M | $46.6M | −$20.5M |
| Oct 2025 | $26.8M | $17.7M | $9.0M |
| Sep 2025 | $37.5M | $6.4M | $31.1M |
| Aug 2025 | $26.5M | $15.6M | $10.9M |
TECS Assets Under Management
Net assets of Direxion Daily Technology Bear 3X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $73.40M |
| 2026-04-30 | $85.08M |
| 2026-01-31 | $91.32M |
| 2025-10-31 | $93.65M |
| 2025-07-31 | $86.83M |
| 2025-04-30 | $80.67M |
| 2025-01-31 | $75.80M |
| 2024-10-31 | $105.80M |
| 2024-07-31 | $88.98M |
| 2024-04-30 | $139.05M |
| 2024-01-31 | $110.56M |
| 2023-10-31 | $116.92M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.