GBTC vs TECS
Grayscale Bitcoin Trust vs Direxion Daily Technology Bear 3X ETF
GBTC$62.28
Grayscale Bitcoin Trust
Spot Bitcoin ETF from Grayscale.
Expense: 1.50%Yield: 0.00%
TECS$9.70
Direxion Daily Technology Bear 3X ETF
3x inverse daily performance of the S&P tech sector.
Expense: 1.01%Yield: 5.67%
Quick take
- • TECS has the lower expense ratio at 1.01% vs 1.50% for GBTC.
- • TECS pays a higher dividend yield (5.67%).
Side-by-side metrics
| Metric | GBTC | TECS |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 1.50% | 1.01% |
Dividend yield Trailing 12-month yield. | 0.00% | 5.67% |
AUM Assets under management — bigger funds are typically more liquid. | $11.52B | $80M |
YTD return | -7.40% | -43.82% |
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. | 0.00 | -3.40 |
P/E ratio | — | — |
Last price | $62.28 | $9.70 |
Inception | — | — |
Issuer | Grayscale | Direxion |
GBTC top holdings
Holdings data unavailable for GBTC.
TECS top holdings
Holdings data unavailable for TECS.
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 TECS
TECS (Direxion Daily Technology Bear 3X ETF) is 3x inverse daily performance of the S&P tech sector. Managed by Direxion, the fund carries $80M in assets under management, an expense ratio of 1.01%, a dividend yield of 5.67%.