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TECL
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Direxion Daily Technology Bull 3X Shares (TECL)

Upturn stock ratingUpturn stock rating
$95.7
Last Close (24-hour delay)
Profit since last BUY29.83%
upturn advisory
Strong Buy
BUY since 42 days
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  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
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Upturn Advisory Summary

07/14/2025: TECL (3-star) is a STRONG-BUY. BUY since 42 days. Profits (29.83%). Updated daily EoD!

Upturn Star Rating

rating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type ETF
Historic Profit 87.74%
Avg. Invested days 44
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/14/2025

Key Highlights

Volume (30-day avg) -
Beta 3.7
52 Weeks Range 32.44 - 112.11
Updated Date 06/30/2025
52 Weeks Range 32.44 - 112.11
Updated Date 06/30/2025

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Direxion Daily Technology Bull 3X Shares

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ETF Overview

overview logo Overview

The Direxion Daily Technology Bull 3X Shares (TECL) seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. It provides leveraged exposure to U.S. technology companies and uses derivatives to amplify returns.

reliability logo Reputation and Reliability

Direxion is a well-known issuer of leveraged and inverse ETFs, recognized for providing targeted exposure to specific sectors and indexes.

reliability logo Management Expertise

Direxion's management team has experience in developing and managing complex ETF products, including leveraged strategies.

Investment Objective

overview logo Goal

To seek daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index.

Investment Approach and Strategy

Strategy: TECL aims to deliver three times the daily performance of the Technology Select Sector Index using a combination of swaps, futures contracts, and other derivative instruments.

Composition The ETF's assets primarily consist of derivative contracts linked to the Technology Select Sector Index, along with cash or money market instruments to collateralize these positions.

Market Position

Market Share: TECL holds a portion of the leveraged technology ETF market, competing with other leveraged and non-leveraged technology funds.

Total Net Assets (AUM): 2872600000

Competitors

overview logo Key Competitors

  • ProShares UltraPro QQQ (TQQQ)
  • MicroSectors FANG+ Index 3X Leveraged ETN (FNGU)

Competitive Landscape

The leveraged technology ETF space is competitive, with TECL vying for investor attention alongside other leveraged funds. TECL's advantage lies in its specific index tracking, while its disadvantage is the risk associated with leveraged investments, which are not suitable for all investors.

Financial Performance

Historical Performance: Historical performance is highly volatile due to the 3x leverage. Past performance is not indicative of future results.

Benchmark Comparison: TECL's performance is designed to be three times that of its underlying index (Technology Select Sector Index) on a daily basis; longer periods may vary significantly.

Expense Ratio: 0.95

Liquidity

Average Trading Volume

TECL exhibits good liquidity, with a consistently high average daily trading volume.

Bid-Ask Spread

The bid-ask spread for TECL is generally tight, reflecting its high trading volume.

Market Dynamics

Market Environment Factors

TECL's performance is highly sensitive to fluctuations in the technology sector, as well as broader market sentiment. Economic indicators, interest rates, and technological innovation all have the potential to impact TECL's returns.

Growth Trajectory

TECL's growth is dependent on the sustained positive performance of the technology sector. Any major negative shifts in the sector could significantly impact its value.

Moat and Competitive Advantages

Competitive Edge

TECL's advantage is its ability to provide amplified daily exposure to the technology sector, appealing to investors seeking aggressive short-term gains. Its daily reset feature prevents compounding over longer time horizons, setting it apart from other long-term investments. Its competitive edge is primarily in offering a specific leveraged exposure option rather than a broad moat in the traditional sense.

Risk Analysis

Volatility

TECL is highly volatile due to its 3x leverage, making it susceptible to substantial daily price swings.

Market Risk

TECL faces substantial market risk due to its concentrated exposure to the technology sector. Any downturn in the technology sector could disproportionately impact TECL.

Investor Profile

Ideal Investor Profile

TECL is suitable for sophisticated, short-term traders who understand the risks associated with leveraged ETFs and actively monitor their positions.

Market Risk

TECL is designed for active traders with a short-term investment horizon and a high risk tolerance. It is not suitable for long-term investors or those seeking passive index exposure.

Summary

Direxion Daily Technology Bull 3X Shares (TECL) offers triple leveraged exposure to the U.S. technology sector, suitable for short-term traders seeking aggressive gains. The fund is highly volatile and carries significant risk due to its daily reset feature. Ideal investors understand the complexities of leveraged ETFs and actively manage their positions to mitigate losses. It's designed for those who want to capitalize on short-term tech sector rallies, not for long-term passive investing.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Direxion Investments website
  • ETF.com
  • Yahoo Finance

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investing in leveraged ETFs involves substantial risk of loss.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Direxion Daily Technology Bull 3X Shares

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes domestic companies from the technology sector. It is non-diversified.