Direxion Daily Technology Bear 3X ETF (TECS)
8.98
+0.07
(+0.79%)
USD |
NYSEARCA |
Apr 25, 16:00
8.68
-0.30
(-3.34%)
After-Hours: 20:00
TECS Max Drawdown (5Y): 99.63% for March 31, 2024
Max Drawdown (5Y) Chart
Historical Max Drawdown (5Y) Data
| Date | Value |
|---|---|
| March 31, 2024 | 99.63% |
| February 29, 2024 | 99.63% |
| January 31, 2024 | 99.63% |
| December 31, 2023 | 99.63% |
| November 30, 2023 | 99.63% |
| October 31, 2023 | 99.63% |
| September 30, 2023 | 99.63% |
| August 31, 2023 | 99.63% |
| July 31, 2023 | 99.63% |
| June 30, 2023 | 99.61% |
| May 31, 2023 | 99.61% |
| April 30, 2023 | 99.61% |
| March 31, 2023 | 99.61% |
| February 28, 2023 | 99.61% |
| January 31, 2023 | 99.61% |
| December 31, 2022 | 99.61% |
| November 30, 2022 | 99.61% |
| October 31, 2022 | 99.61% |
| September 30, 2022 | 99.61% |
| August 31, 2022 | 99.61% |
| July 31, 2022 | 99.61% |
| June 30, 2022 | 99.61% |
| May 31, 2022 | 99.61% |
| April 30, 2022 | 99.61% |
| March 31, 2022 | 99.61% |
| Date | Value |
|---|---|
| February 28, 2022 | 99.61% |
| January 31, 2022 | 99.61% |
| December 31, 2021 | 99.61% |
| November 30, 2021 | 99.61% |
| October 31, 2021 | 99.61% |
| September 30, 2021 | 99.61% |
| August 31, 2021 | 99.61% |
| July 31, 2021 | 99.60% |
| June 30, 2021 | 99.60% |
| May 31, 2021 | 99.60% |
| April 30, 2021 | 99.60% |
| March 31, 2021 | 99.53% |
| February 28, 2021 | 99.53% |
| January 31, 2021 | 99.51% |
| December 31, 2020 | 99.51% |
| November 30, 2020 | 99.47% |
| October 31, 2020 | 99.44% |
| September 30, 2020 | 99.44% |
| August 31, 2020 | 99.39% |
| July 31, 2020 | 99.19% |
| June 30, 2020 | 99.16% |
| May 31, 2020 | 98.95% |
| April 30, 2020 | 98.70% |
| March 31, 2020 | 98.04% |
| February 29, 2020 | 98.04% |
Max Drawdown Definition
Max drawdown is an indicator of the risk of a portfolio chosen based on a certain strategy. It measures the largest single drop from peak to bottom in the value of a portfolio before a new peak is achieved.
Max Drawdown (5Y) Range, Past 5 Years
96.93%
Minimum
Apr 2019
99.63%
Maximum
Jul 2023
99.07%
Average
99.61%
Median
Aug 2021
Max Drawdown (5Y) Benchmarks
| ProShares UltraShort Technology | 97.19% |
| ProShares Ultra Technology | 67.55% |
| Direxion Daily Technology Bull 3X ETF | 77.96% |
| Direxion Daily S&P Biotech Bear 3X ETF | 99.88% |
| ProShares UltraShort QQQ | 95.62% |
Max Drawdown (5Y) Related Metrics
| Alpha (5Y) | -29.62 |
| Beta (5Y) | -2.854 |
| Alpha (vs YCharts Benchmark) (5Y) | -29.62 |
| Beta (vs YCharts Benchmark) (5Y) | -2.854 |
| Annualized Standard Deviation of Monthly Returns (5Y Lookback) | 63.89% |
| Historical Sharpe Ratio (5Y) | -1.047 |
| Historical Sortino (5Y) | -1.989 |
| Monthly Value at Risk (VaR) 5% (5Y Lookback) | 31.62% |