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 6 August 2020
Asset Under Management 1820.07 Million (USD)
1 Month Total Return 21.38 %
Year To Date Return 27.77 %
1 Year Total Return 103.35 %
3 Year Annualized Total Return 55.19 %
NAV 308.486
Share Outstanding 5,900,000
Top 10 Holdings (7 August 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTCT SWAP 0.1675229096
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTBP SWAP 0.1331436694
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTU SWAP 0.1059820005
Technology Select Sector Index SWAP IXTJP SWAP 0.1019248667
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTML SWAP 0.1006281846
TECHNOLOGY SELECT SECTOR INDEX SWAP IXT SWAP 0.0917368938
BANK OF NEW YORK CASH RESERVE MMKT 0.0526558752
APPLE INC AAPL EQUI 0.0367825787
MICROSOFT CORP MSFT EQUI 0.0327303372
GOLDMAN FINL SQ TRSRY INST 506 MMKT 0.0311787759