{"url":"https://etfiq.com/compare/leverage/tecs-vs-xlkx","section":"compare","title":"TECS vs XLKX: which held to its multiple? | ETFIQ","description":"TECS sets out to return -3 times XLK each day and XLKX +2 times. Over the three months to Sep 30, 2026 they finished \u22124.3 pts and \u22124.1 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, TECS or XLKX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, TECS finished 4.3 points from what its multiple implies and XLKX finished 4.1 points from its own, so XLKX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are TECS and XLKX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on technology, TECS at -3 times and XLKX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, TECS or XLKX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window TECS\u2019s moved at 26% annualized and XLKX\u2019s at 26%, so TECS has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold TECS or XLKX for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, TECS or XLKX?","acceptedAnswer":{"@type":"Answer","text":"TECS charges 1.01% a year and XLKX charges 0.45%, so XLKX is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"TECS vs XLKX","item":"https://etfiq.com/compare/leverage/tecs-vs-xlkx"}]},{"@type":"WebPage","name":"TECS vs XLKX: which held to its multiple?","description":"TECS sets out to return -3 times XLK each day and XLKX +2 times. Over the three months to Sep 30, 2026 they finished \u22124.3 pts and \u22124.1 pts away.","url":"https://etfiq.com/compare/leverage/tecs-vs-xlkx","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, TECS finished 2.8 points over and XLKX 2.5 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of TECS and XLKX","description":"TECS sets out to return -3 times XLK each day and XLKX +2 times. Over the three months to Sep 30, 2026 they finished \u22124.3 pts and \u22124.1 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/tecs-vs-xlkx","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7222,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / TECS vs XLKX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n TECS vs XLKX: which held to its multiple?\n\n Over three months against its own daily promise, TECS finished 2.8 points over and XLKX 2.5 points short.\n Copy this for sharing \n \n Direxion Daily Technology Bear 3X ETF and Corgi U.S. Technology 2x Daily ETF.\n\n Download as PDF \n\n \u221221.0% TECS returned, 3 months \n +7.0% XLKX returned, 3 months \n \u22124.3 pts TECS from its stated multiple \n \u22124.1 pts XLKX from its stated multiple \n\n ETFIQ Decay Resistance Score: TECS scores higher\n D","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/tecs-vs-xlkx","a":{"ticker":"TECS","name":"Direxion Daily Technology Bear 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TECS returned \u221221.0% where its own daily promise gave \u221223.8%, 2.8 points over.","url":"https://etfiq.com/funds/tecs","key_facts":[{"label":"What XLK did","value":"+5.6%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"\u221223.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221221.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+2.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$69m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.01%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"XLKX","name":"Corgi U.S. Technology 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: XLKX returned +7.0% where its own daily promise gave +9.6%, 2.5 points short.","url":"https://etfiq.com/funds/xlkx","key_facts":[{"label":"What XLK did","value":"+5.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+9.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+7.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$344,218","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, May 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/tecs-vs-xlkx"}