TECS

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 Bear 3X Shares
Fund Exchange Ticker TECS
Fund Sponsor Direxion Shares
Fund ISIN US25460E5621
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 Inverse (-3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 34.57 Million (USD)
1 Month Total Return -13.92 %
Year To Date Return -16.92 %
1 Year Total Return -20.22 %
3 Year Annualized Total Return -50.93 %
NAV 22.9969
Share Outstanding 1,503,290
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.7452996045
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.4121133034
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.3815110318
TECHNOLOGY SELECT SECTOR INDEX SWAP SWAP 0.0683159088
BANK OF NEW YORK CASH RESERVE MMKT -0.2475187289
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.1472266933
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0776392481
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0614309044
DREYFUS GOVT CASH MGMT MMKT -0.0452512488
GOLDMAN FINL SQ TRSRY INS MMKT -0.0154970033