(TECS) Direxion Daily Technology Bear 3X Shares Stock Price, Quote & News

Popular TECS Comparisons: TECS vs REW, TECS vs SQQQ, TECS vs SH, TECS vs PSQ, TECS vs SPXU

Find more ETFs with our ETF Screener and Database

*Unless otherwise stated, data provided by FactSet.

TECS Fund Description

TECS provides 3x leveraged inverse exposure to a market-cap-weighted index of US large-cap technology companies.

TECS Factset Analytics Insight

TECS offers investors a means of playing out their bearish bets on the technology sector. The fund provides -3x exposure to the S&P Technology Select Sector Index—a market-cap-weighted index of US tech companies selected from the S&P 500. TECS tracks the exact same index as XLK—the Technology Select Sector SPDR ETF. That makes it a narrow bet against the highly concentrated tech sector, with just a few names comprising a huge fraction of the index. Unlike XLK, TECS is designed to be a short-term trading vehicle—not a long-term investment. TECS rebalances its exposure on a daily basis. As a result, the fund's long-term returns are difficult to predict due to compounding and path dependency. It is important to clearly understand the risks of utilizing such leverage. In addition, this product should only be utilized by those who actively manage their investments.

PERFORMANCE [as of 10/04/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

TECS 10.07% -8.71% -- -7.05% -65.16% -59.80% -52.56%

TECS (NAV) 10.03% -8.62% 61.82% -7.10% -65.15% -59.80% -52.56%

S&P Technology Select Sector Index -4.48% -0.39% -26.64% -13.61% 17.57% 17.92% 17.04%

N/A -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TECS Summary Data

Direxion

12/17/08

Open-Ended Fund

1.01%

$219.34M

0.04%

REW

Fund Home Page

TECS Portfolio Data

1.71%

N/A

TECS Index Data

S&P Technology Select Sector Index

Market Cap

Committee

N/A

TECS Fund Structure

Yes

-- / --

N/A

Low

-3

Leverage Reset Frequency Daily

TECS Tax Exposures

20.00% / 39.60%

TECS Factset Analytics Block Liquidity

As of 10/05/22

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

TECS Tradability

2,552,723

$97.80M

2,633,974

$98.24M

0.04%

$0.01

0.01%

5.92% / -6.72%

None

100.00%

50,000

52.68

0.00%

11,937

$45.36

The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.

ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.

[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Data provider:
Terms of Use

TECS Direxion Daily Technology Bear 3X Shares