TECSDirexion Daily Technology Bear 3X Shares(Exchange Traded Fund Leveraged Inverse -3xRebalanced: Daily)
XTF Rating* 1.9
Price:$15.32 -0.25(-1.61%)
52 Week:$10.79 - $122.38
Volume: 6,261,031
Avg Daily Volume: 1,845,815
Market Cap: $76,827,471 Avg Trade Size: 247 shares
Fund Turnover: 2 days 9/24/2020 4:00:00 PM
Similar ETFs to TECS: REW, SSG

Direxion Daily Technology Bear 3X Shares is an exchange-traded fund incorporated in the USA. The Daily Technology Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the performance of Standard & Poor's Technology Select Sector Index. There is no guarantee the fund will meet its stated investment objective.The Index is provided by Standard & Poor's includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & semiconductor equipment; internet software & services; IT services; electronic equipment, instruments & components; wireless telecommunication services; and office electronics.The Index is one of nine Select Sector Indexes developed and maintained in accordance with the following criteria:Each of the component securities in the Index is a constituent company of the S&P 500 Index; Each stock in the S&P 500 Index is allocated to one and only one of the Select Sector Indexes;The Index is calculated by the 'Index Provider' using a modified 'market capitalization' methodology, which is a hybrid between equal weighting and conventional capitalization weighting with the weighting capped for the largest stocks included in the Index.This design ensures that each of the component stocks within a Select Sector Index is represented in a proportion consistent with its percentage with respect to the total market capitalization of such Select Sector Index. One cannot invest directly in an Index.

Inception Date: 12/17/2008Geography: US  Asset Class: Equity
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively ManagedCapitalization: Large Cap
Issuer: Direxion SharesUnderlying Index: S&P Technology Select Sector IndexSector: Technology > Technology Multi-Industry
Index Provider: Standard & Poor'sIndex Composition: Cap-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
TECS Structural Integrity ranks in the 49th percentile (among all 1569 Equity ETFs over past 6 months).
as of 7/31/2020 Value  Rank (%)
Expense Ratio 1.10% 
 2.9%
Average Bid Ask Ratio Premium Content 
 82.7%
Tracking Error Premium Content 
 47.2%
Concentration Risk Premium Content 
 7.2%
Market Impact Premium Content 
 66.8%
Efficiency Premium Content 
 68.7%
Cap Gains Dist Premium Content 
 100%
     
as of 9/24/2020  
Avg Number of Components   (range) 71   (71-72)
Legal Structure Open-End Investment Company 
Annual Yield 1.63%
Last Dividend PaidDate 0.01, 3/24/2020   See Distributions
Options / Futures Available Y  /  Y 
Short Interest / Days to Cover 10% /  0 days
Net Asset Value $76,679,946 
Premium (Discount) 0.19% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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