TECS vs KGRN

Comparison between DIREXION DAILY TECHNOLOGY BEAR 3X SHARES (TECS, ETF) and KRANESHARES MSCI CHINA CLEAN TECHNOLOGY INDEX ETF (KGRN, ETF).

5-Year PerformanceKGRN has outperformed TECS, delivering a return of -10.1% compared to -57.5%

TECS vs KGRN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TECS(ETF)	KGRN(ETF)
Net Assets	$61M	$61M
Expense Ratio	N/A	0.79%
Max Drawdown	100.00%	67.29%
Sharpe Ratio	-1.84	-0.19
5Y Beta	0.00	0.61
5Y Dividends CAGR	-38.57%	-26.68%

Net Assets

TECS

$61M

Winner

KGRN

$61M

Expense Ratio

TECS

N/A

KGRN

0.79%

Max Drawdown

TECS

100.00%

Winner

KGRN

67.29%

Sharpe Ratio

TECS

-1.84

Winner

KGRN

-0.19

5Y Beta

Winner

TECS

0.00

KGRN

0.61

5Y Dividends CAGR

TECS

-38.57%

Winner

KGRN

-26.68%

TECS vs KGRN - Holdings Comparison

TECS and KGRN have 0 common holdings. Overlap is 0.00%

TECS's top 25 holdings weight is 35.67%. KGRN's top 25 holdings weight is 85.10%.

Rank	TECS	KGRN
#1	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 35.67%	BYD CO LTD CLASS H (n/a) - 8.27%
#2	N/A	XPENG INC CLASS A (n/a) - 7.01%
#3	N/A	NIO INC CLASS A (n/a) - 6.68%
#4	N/A	LI AUTO INC ORDINARY SHARES CLASS A (n/a) - 5.85%
#5	N/A	CONTEMPORARY AMPEREX TECHNOLOGY CO LTD ORDINARY SHARES CLASS H (n/a) - 4.99%
#6	N/A	CONTEMPORARY AMPEREX TECHNOLOGY CO LTD CLASS A (n/a) - 4.87%
#7	N/A	CHINA YANGTZE POWER CO LTD CLASS A (n/a) - 4.59%
#8	N/A	CGN POWER CO LTD SHS -H- UNITARY 144A/REG S (n/a) - 4.04%
#9	N/A	GDS HOLDINGS LTD CLASS A (n/a) - 3.88%
#10	N/A	SUNGROW POWER SUPPLY CO LTD CLASS A (n/a) - 3.60%
#11	N/A	ZHEJIANG LEAPMOTOR TECHNOLOGY CO LTD CLASS H (n/a) - 3.22%
#12	N/A	KINGSOFT CLOUD HOLDINGS LTD (n/a) - 2.72%
#13	N/A	CHINA EVERBRIGHT ENVIRONMENT GROUP LTD (n/a) - 2.61%
#14	N/A	BEIJING-SHANGHAI HIGH SPEED RAILWAY CO LTD CLASS A (n/a) - 2.51%
#15	N/A	CHINA LONGYUAN POWER GROUP CORP LTD CLASS H (n/a) - 2.44%
#16	N/A	CHINA CONCH VENTURE HOLDINGS LTD (n/a) - 2.21%
#17	N/A	CHINA POWER INTERNATIONAL DEVELOPMENT LTD (n/a) - 2.02%
#18	N/A	NARI TECHNOLOGY CO LTD CLASS A (n/a) - 1.99%
#19	N/A	YADEA GROUP HOLDINGS LTD SHS UNITARY 144A/REGS (n/a) - 1.95%
#20	N/A	CHINA NATIONAL NUCLEAR POWER CO LTD CLASS A (n/a) - 1.92%
#21	N/A	XINYI SOLAR HOLDINGS LTD (n/a) - 1.76%
#22	N/A	VNET GROUP INC ADR (VNET) - 1.71%
#23	N/A	BEIJING ENTERPRISES WATER GROUP LTD (n/a) - 1.49%
#24	N/A	NINGBO DEYE TECHNOLOGY CORP CLASS A (n/a) - 1.42%
#25	N/A	SERES GROUP CO LTD CLASS A (n/a) - 1.35%
Total Holdings	1	53

TECS vs KGRN - Historical Returns

Returns include dividend reinvestment.

Period	TECS	KGRN
1 month	-19.15%	-11.75%
3 months	-62.80%	-12.57%
6 months	-59.49%	-6.82%
1 year	-76.31%	-2.16%
5 years(CAGR)	-57.53%	-10.05%
10 years(CAGR)	-62.09%	+1.62%
Max(CAGR)	-58.18%	+1.62%

TECS

-19.15%

Winner

KGRN

-11.75%

TECS

-62.80%

Winner

KGRN

-12.57%

TECS

-59.49%

Winner

KGRN

-6.82%

TECS

-76.31%

Winner

KGRN

-2.16%

5Y(CAGR)

TECS

-57.53%

Winner

KGRN

-10.05%

10Y(CAGR)

TECS

-62.09%

Winner

KGRN

+1.62%

Max(CAGR)

TECS

-58.18%

Winner

KGRN

+1.62%

TECS vs KGRN - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	TECS	KGRN
2026	-58.76%	-8.59%
2025	-62.71%	+23.57%
2024	-53.32%	+3.69%
2023	-75.19%	-16.61%
2022	+49.15%	-40.60%
2021	-69.43%	+0.71%
2020	-87.10%	+132.80%
2019	-73.78%	+12.90%
2018	-16.23%	-29.35%
2017	-59.70%	-0.37%
2016	-45.63%	N/A
2015	-31.50%	N/A
2014	-47.59%	N/A
2013	-50.36%	N/A
2012	-39.81%	N/A
2011	-29.65%	N/A
2010	-42.66%	N/A
2009	-84.58%	N/A
2008	-3.03%	N/A

TECS vs KGRN Drawdown Comparison

The maximum drawdown for TECS was -100.00%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for KGRN was -66.22%, occurring on Feb 5, 2024. This drawdown has not yet recovered.

The current TECS drawdown is -100.00%. The current KGRN drawdown is -50.51%.

Rank	TECS	KGRN
#1	-100.00% Mar 9, 2009 - Jun 2, 2026	-66.22% Feb 16, 2021 - Feb 5, 2024
#2	-37.50% Jan 20, 2009 - Mar 6, 2009	-41.15% Jan 22, 2018 - Jul 6, 2020
#3	-22.97% Dec 30, 2008 - Jan 14, 2009	-9.50% Oct 26, 2017 - Jan 3, 2018
#4	-5.70% Jan 14, 2009 - Jan 20, 2009	-8.95% Jan 25, 2021 - Feb 9, 2021
#5	N/A	-8.88% Jul 10, 2020 - Aug 5, 2020
#6	N/A	-7.23% Nov 24, 2020 - Dec 18, 2020
#7	N/A	-6.38% Aug 28, 2020 - Sep 15, 2020
#8	N/A	-6.28% Jan 12, 2021 - Jan 20, 2021
#9	N/A	-5.53% Oct 20, 2020 - Nov 2, 2020
#10	N/A	-5.16% Sep 18, 2020 - Sep 30, 2020
#11	N/A	-3.22% Aug 5, 2020 - Aug 25, 2020
#12	N/A	-2.90% Nov 9, 2020 - Nov 20, 2020
#13	N/A	-2.07% Jan 7, 2021 - Jan 12, 2021
#14	N/A	-1.99% Oct 15, 2020 - Oct 20, 2020
#15	N/A	-1.92% Oct 18, 2017 - Oct 23, 2017

Correlation

Correlation between TECS and KGRN is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101