TECL

Direxion Daily Technology Bull 3x Shares
*Unless otherwise stated, data provided by FactSet.

TECL Fund Description

The Direxion Daily Technology Bull ETF provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies.

TECL Factset Analytics Insight

TECL provides 3x levered exposure to the S&P Technology Select Sector Index, reset daily. Like all levered funds, it tends to underperform in volatile markets if held for longer than its reset period, and is only suitable for short-term trading positions. The underlying index (tracked in unlevered form by SSgA's XLK) consists of all tech companies in the S&P 500, including telecoms. This broad definition of the tech sector means TECL is less concentrated than its 2x rival ROM but retains a huge stake in Apple, Microsoft, and Alphabet. It also devotes about a fifth of its exposure to sectors our tech benchmark excludes, like telecoms and professional & commercial services. While management fees are steep, assets are strong. More importantly, liquidity is decent, and traders will encounter a lot of daily volume and small spreads.

TECL CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/21/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TECL 6.40% 13.85% 45.87% 88.17% 73.82% 57.27% --
TECL (NAV) 6.46% 13.98% 46.07% 88.49% 74.00% 57.32% --
S&P Technology Select Sector Index 2.46% 5.56% 18.25% 29.77% 24.93% 20.44% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TECL Summary Data

Direxion
12/17/08
Open-Ended Fund
1.09%
$791.41M
0.08%

TECL Portfolio Data

0.24%
09/25/18

TECL Index Data

Market Cap
Committee
N/A

TECL Fund Structure

Yes
Yes
No Policy
N/A
N/A
Low
3
Daily

TECL Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

TECL Factset Analytics Block Liquidity

As of 09/24/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TECL. TECL is rated a 5 out of 5.

TECL Tradability

151,124
$23.43M
142,381
$21.95M
0.08%
$0.12
0.01%
1.69% / -0.19%
None
0.00%
50,000
2.85
0.01%
0.87%
10,732
$163.42
5