(TECL) Direxion Daily Technology - Overview
Etf: Tech Stocks, Swaps, ETFs, Leverage
Dividends
| Dividend Yield | 6.67% |
| Yield on Cost 5y | 5.72% |
| Yield CAGR 5y | 134.57% |
| Payout Consistency | 51.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 84.6% |
| Relative Tail Risk | 5.55% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.64 |
| Alpha | -21.34 |
| Character TTM | |
|---|---|
| Beta | 3.915 |
| Beta Downside | 3.833 |
| Drawdowns 3y | |
|---|---|
| Max DD | 66.58% |
| CAGR/Max DD | 0.84 |
Description: TECL Direxion Daily Technology January 11, 2026
Direxion Daily Technology Bull 3X Shares (NYSE ARCA: TECL) seeks to deliver three times (3×) the daily performance of a technology-focused index by using a combination of swap agreements, index securities, and leveraged ETFs, with at least 80 % of its net assets (plus any borrowing) allocated to these instruments. Because the fund is non-diversified, its returns are highly sensitive to the performance of a relatively small group of U.S. technology companies.
Key quantitative points to watch: the fund’s expense ratio is 0.95 % annually, and its 30-day rolling implied volatility typically exceeds 70 %-a level that reflects the amplified risk of leveraged exposure. Recent data (as of Q4 2024) show that the underlying technology index has a year-to-date return of roughly 12 %, implying TECL’s unadjusted daily target would be around 36 % YTD, but actual performance can diverge sharply due to compounding effects.
Sector drivers that most directly affect TECL include semiconductor cycle dynamics, corporate cloud-spending trends, and the Federal Reserve’s monetary policy stance, which influences risk appetite for high-growth tech equities. A sustained increase in U.S. data-center capacity spending, for example, tends to boost earnings for firms like Nvidia and Microsoft, thereby lifting the leveraged index.
For a deeper, data-driven assessment of TECL’s risk-adjusted return profile, consider exploring the analytics on ValueRay to see how its leveraged exposure behaves across different market regimes.
What is the price of TECL shares?
Over the past week, the price has changed by -6.88%, over one month by -13.27%, over three months by -12.76% and over the past year by +27.14%.
Is TECL a buy, sell or hold?
What are the forecasts/targets for the TECL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 149.7 | 39.2% |
TECL Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 3.99b USD (3.99b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 3.99b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.99b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 20.34% (E(3.99b)/V(3.99b) * Re(20.34%) + (debt-free company))
Discount Rate = 20.34% (= CAPM, Blume Beta Adj.) -> capped to 17.85%
Fair Price DCF = unknown (Cash Flow 0.0)