GBTC vs TECL

Grayscale Bitcoin Trust vs Direxion Daily Technology Bull 3X ETF

Quick take
  • TECL has the lower expense ratio at 0.87% vs 1.50% for GBTC.
  • TECL pays a higher dividend yield (5.71%).

Side-by-side metrics

MetricGBTCTECL
Expense ratio
Annual fee. Lower is better.
1.50%0.87%
Dividend yield
Trailing 12-month yield.
0.00%5.71%
AUM
Assets under management — bigger funds are typically more liquid.
$11.52B$4.77B
YTD return
-7.40%49.99%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.004.36
P/E ratio
41.79
Last price
$62.28$174.84
Inception
Issuer
GrayscaleDirexion

GBTC top holdings

Holdings data unavailable for GBTC.

TECL top holdings

Top holdings · TECL
NVDANVIDIA Corp10.05%
AAPLApple Inc8.25%
MSFTMicrosoft Corp6.27%
AVGOBroadcom Inc4.10%
Sector breakdown · TECL
Technology99.1%
Communication Services0.9%

About GBTC

GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $11.5B in assets under management, an expense ratio of 1.50%.

About TECL

TECL (Direxion Daily Technology Bull 3X ETF) is 3x daily performance of the S&P tech sector. Managed by Direxion, the fund carries $4.8B in assets under management, an expense ratio of 0.87%, a dividend yield of 5.71%. Its largest holding is NVIDIA Corp (NVDA), which represents 10.0% of the portfolio. Technology is the fund's largest sector exposure at 99.1%.