Summary
TECS
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return -67.37% Volatility 85.38% Sharpe -0.83
Official loaded data — not a live quote.

Direxion Technology Bear 3X ETF

Symbol: TECS

Exchange: NYSE ARCA

Sector: N/A

Category: Trading--Inverse Equity

Inception date: 17/12/2008

Latest date: 20/07/2026

Current price: $77.12

Expense ratio: 1.01%

Assets under management
$71.9M
2.68% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
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Performance metrics

Period total return

26.45%

Ann. 53.58% (Sharpe / Sortino numerator)

Volatility

82.49%

Sharpe ratio

0.605

VaR 95%

-5.47%

CVaR 95%: -9.53%
Max drawdown: -18.45%
Sortino ratio: 0.899
Calmar ratio: 2.90

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-40.23%

Ann. 58.33% (Sharpe / Sortino numerator)

Volatility

74.77%

Sharpe ratio

0.732

VaR 95%

-5.49%

CVaR 95%: -9.43%
Max drawdown: -18.45%
Sortino ratio: 1.154
Calmar ratio: 3.16

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-56.65%

Ann. 11.28% (Sharpe / Sortino numerator)

Volatility

69.48%

Sharpe ratio

0.110

VaR 95%

-5.93%

CVaR 95%: -8.82%
Max drawdown: -24.93%
Sortino ratio: 0.186
Calmar ratio: 0.45

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-67.37%

Ann. -67.59% (Sharpe / Sortino numerator)

Volatility

85.38%

Sharpe ratio

-0.834

VaR 95%

-6.41%

CVaR 95%: -12.60%
Max drawdown: -83.03%
Sortino ratio: -0.961
Calmar ratio: -0.81

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-85.79%

Ann. -48.85% (Sharpe / Sortino numerator)

Volatility

78.60%

Sharpe ratio

-0.668

VaR 95%

-6.86%

CVaR 95%: -10.84%
Max drawdown: -83.43%
Sortino ratio: -0.868
Calmar ratio: -0.59

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-93.45%

Ann. -53.71% (Sharpe / Sortino numerator)

Volatility

70.97%

Sharpe ratio

-0.808

VaR 95%

-6.23%

CVaR 95%: -9.88%
Max drawdown: -93.27%
Sortino ratio: -1.067
Calmar ratio: -0.58

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

-0.339%

Best day

20.125%

05/06/2026
Worst day

-12.653%

31/03/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $75.11 $77.27 $73.23 $77.12 313,200
17/07/2026 $80.51 $82.50 $74.32 $77.11 530,900
16/07/2026 $73.01 $75.82 $72.56 $74.65 337,700
15/07/2026 $65.92 $73.58 $65.92 $69.80 325,300
14/07/2026 $67.60 $70.20 $66.70 $67.70 1,013,000
13/07/2026 $68.30 $71.10 $67.60 $70.30 1,052,130
10/07/2026 $67.10 $68.40 $65.10 $65.50 1,071,150
09/07/2026 $66.60 $68.00 $64.70 $66.00 901,110
08/07/2026 $75.40 $75.70 $70.30 $70.50 1,164,520
07/07/2026 $72.70 $76.40 $71.50 $73.30 1,096,810