Direxion Daily Technology Bear 3X Shares (TECS)

46.53
Delayed Data
As of 4:00pm ET
 -1.26 / -2.64%
Today’s Change
26.58
Today|||52-Week Range
57.19
+66.36%
Year-to-Date

Investment Objective

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Technology Select Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is provided by S&P Dow Jones Indices (the "index provider") and includes domestic companies from the technology sector. It is non-diversified.

No recent news for Direxion Daily Technology Bear 3X Shares.

Performance

1 month+23.74% 3 years-65.30%
3 months+56.39% 5 years-61.16%
1 year-2.68% Since inception-55.73%
Data through 07/02/2022

Quote Details

Previous close$47.79
Open day’s range45.39 – 48.14
Net asset value (NAV)49.64 (07/01/2022)
Daily volume2,367,409
Average volume (3 months)2,644,662
Data as of 4:00pm ET, 07/06/2022

Peer Comparisonvs. Trading--inverse equity ETFs

 TECSCategory
Performance 5-yr return-61.16%-29.79%
Expense Gross exp ratio1.01%--
Risk 5 year sharpe ratio-1.52--
Net assets$105.3M--
Average market cap--$270.9B
Average P/E--19.3
Dividend / Share--9.68%

Competitors

SPDN Direxion Daily S&P 500® Bear 1X Shares
SH ProShares Short S&P500
SCC ProShares UltraShort Consumer Services

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
DAPXX Dreyfus Government Securities Cash Management Administrative Shares61.70%
FGTXX Goldman Sachs Financial Square Government Fund Institutional Shares43.47%
-- 15.95%
FTIXX Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares12.21%