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 21 March 2019
Asset Under Management 726.66 Million (USD)
1 Month Total Return 25.15 %
Year To Date Return 71.88 %
1 Year Total Return 11.12 %
3 Year Annualized Total Return 57.69 %
NAV 145.332
Share Outstanding 5,000,000
Top 10 Holdings (21 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.3086960014
TECHNOLOGY SELECT SECT SPDR XLK ETF 0.2112697514
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.1828880790
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.1452704970
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.0585590537
DREYFUS GOVT CASH MGMT MMKT 0.0320662587
BANK OF NEW YORK CASH RESERVE MMKT 0.0293431987
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT 0.0211768187
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT 0.0102360124
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT 0.0004943286