Direxion Daily Technology Bull 3X Shares (TECL) Performance
TECL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +59.3% since Dec 31, 2025
- 1 year
- +51.2% total return
- 5 years
- +24.7% a year
- 10 years
- +45.7% a year
- Since first price
- +44.4% a year since 2008
TECL trailing returns vs SPY, QQQ, AGG
| Period | TECL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −19.2% | −19.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.7% | +0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +36.3% | +36.1% | +7.8% | +8.4% | −1.5% |
| YTD | +59.3% | +58.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +51.2% | +41.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +370.5%+67.6%/yr | +337.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +201.8%+24.7%/yr | +178.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +4,219.8%+45.7%/yr | +3,821.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +20,881.3%+42.8%/yr | +18,945.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 17, 2008 | +70,761.8%+44.4%/yr | +51,317.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TECL vs SPY
From Dec 17, 2008: TECL grew to $7.1M, SPY to $115,725.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TECL returns by calendar year
14 of 17 full years positive. Best 2009 (+238.6%), worst 2022 (−74.3%). 2026 is year to date.
TECL annual returns table
| Year | TECL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +59.3% | −45.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +38.6% | −62.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +36.1% | −45.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +203.1% | −33.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −74.3% | −77.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +112.8% | −26.5% | +28.7% | +27.4% | −1.8% |
| 2020 | +69.5% | −75.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +185.6% | −29.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −24.0% | −59.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +124.8% | −15.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +37.1% | −25.2% | +12.0% | +7.1% | +2.4% |
| 2015 | +4.7% | −36.7% | +1.2% | +9.4% | +0.5% |
| 2014 | +52.5% | −23.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +87.3% | −17.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +33.7% | −37.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −18.4% | −52.2% | +1.9% | +3.4% | +7.7% |
| 2010 | +20.8% | −46.1% | +15.1% | +19.9% | +6.4% |
| 2009 | +238.6% | −51.9% | +26.4% | +54.7% | +3.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TECL largest drawdowns
Now 31.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 27, 2021 | −78.0% | Oct 12, 2022 | Jun 11, 2024 | 9 months | 2.5 years |
| Feb 19, 2020 | −75.1% | Mar 23, 2020 | Aug 24, 2020 | 33 days | 6 months |
| Jul 10, 2024 | −66.6% | Apr 8, 2025 | Sep 15, 2025 | 9 months | 1.2 years |
| Oct 3, 2018 | −59.7% | Dec 24, 2018 | Jul 10, 2019 | 3 months | 9 months |
| Feb 8, 2011 | −52.2% | Aug 19, 2011 | Feb 27, 2012 | 6 months | 1.1 years |
| Jan 6, 2009 | −51.9% | Mar 9, 2009 | Apr 9, 2009 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TECL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2008 |
|---|---|---|---|---|
| Annualized return | +79.8% | +34.8% | +48.7% | +47.1% |
| Volatility (annualized) | 75.8% | 76.2% | 67.0% | 60.4% |
| Sharpe ratio | 1.05 | 0.69 | 0.89 | 0.92 |
| Sortino ratio | 2.65 | 1.33 | 1.61 | 1.68 |
| Best month | +69.0% | +69.0% | +69.0% | +69.0% |
| Worst month | −25.0% | −33.6% | −43.9% | −43.9% |
| Best 12 months | +264.9% | +264.9% | +264.9% | +288.0% |
| Worst 12 months | −26.6% | −74.3% | −74.3% | −74.3% |
| Positive months | 53% | 52% | 59% | 61% |
| Beta vs S&P 500 | 4.99 | 4.12 | 3.78 | — |
| Correlation with S&P 500 | 0.82 | 0.85 | 0.87 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TECL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 203 | −74.3% | +48.0% | +288.0% | 81% |
| 3-year (a year) | 179 | −2.5% | +41.1% | +117.6% | 99% |
| 5-year (a year) | 155 | +15.0% | +38.8% | +77.4% | 100% |
| 10-year (a year) | 95 | +28.7% | +41.5% | +57.9% | 100% |
Every holding period starting at a month-end since 2008. Returns for 3 years and longer are annualized.
TECL performance overview
Direxion Daily Technology Bull 3X Shares (TECL) returned +51.2% over the past year and +45.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2008 it has returned +44.4% a year, turning $10,000 into about $7.1M. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −78.0%, from Dec 27, 2021 to Oct 12, 2022, and it took 1.7 years to get back to the old high. TECL finished 14 of its 17 full calendar years with a gain; the best year was 2009 (+238.6%) and the worst 2022 (−74.3%). Volatility has been 60.4% a year.
Related: TECL chart, TECL dividends. See the TECL overview for the latest quote and fund facts.
TECL performance FAQ
What is the TECL return over the past year?
TECL returned +51.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 41.9%.
What is the average annual return of TECL?
TECL has returned +24.7% a year over 5 years, +45.7% a year over 10 years, +44.4% a year since December 17, 2008 (total return, distributions reinvested).
How much would $10,000 invested in TECL be worth?
$10,000 invested in TECL at its first recorded close on December 17, 2008 would be worth about $7.1M on October 23, 2026 with distributions reinvested.
What was the worst year for TECL?
The worst calendar year was 2022, with a total return of −74.3%. The best was 2009 at +238.6%.
What is the biggest drawdown of TECL?
The largest peak-to-trough decline was −78.0% between December 27, 2021 and October 12, 2022. It recovered to the old high on June 11, 2024, 1.7 years after the bottom.
How volatile is TECL?
Over the past 3 years TECL had an annualized volatility of 75.8% and a Sharpe ratio of 1.05 (excess return over 1–3 month T-bills per unit of risk).