TECL

Fund Description
The Direxion Daily Technology Bull & Bear 3x Shares seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the S&P Technology Select Sector Index. There is no guarantee the funds will meet their stated investment objectives. The Index is calculated by the 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. Each stock in the S&P 500 Index is allocated to one and only one of the Select Sector Indexes & each of the component securities in the Index is a constituent company of the S&P 500.
Fund Profile
Fund Name Direxion Daily Technology Bull 3X Shares
Fund Exchange Ticker TECL
Fund Sponsor Direxion Shares
Fund ISIN US25459W1027
Net Expense Ratio 0.95 %
Fund Inception Date 17 December 2008
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Technology Select Sector Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Leveraged (3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 691.47 Million (USD)
1 Month Total Return 1.59 %
Year To Date Return 71.82 %
1 Year Total Return -0.27 %
3 Year Annualized Total Return 58.81 %
NAV 145.572
Share Outstanding 4,750,000
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
TECHNOLOGY SELECT SECTOR INDEX SWAP IXT SWAP 0.2600967725
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTU SWAP 0.2226180729
TECHNOLOGY SELECT SECT SPDR XLK ETF 0.2035534791
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTML SWAP 0.1236899007
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTCT SWAP 0.0878175206
BANK OF NEW YORK CASH RESERVE MMKT 0.0338515034
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.0317995828
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.0197568681
DREYFUS GOVT CASH MGMT MMKT 0.0168162677
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.0000000320