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 17 June 2019
Asset Under Management 46.87 Million (USD)
1 Month Total Return -1.85 %
Year To Date Return -50.03 %
1 Year Total Return -35.18 %
3 Year Annualized Total Return -52.90 %
NAV 13.7728
Share Outstanding 3,403,290
Top 10 Holdings (17 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
TECHNOLOGY SELECT SECTOR INDEX SWAP IXT SWAP 0.8877823459
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTML SWAP 0.3126908720
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTU SWAP 0.2607912387
TECHNOLOGY SELECT SECTOR INDEX SWAP IXTCT SWAP 0.2522885922
BANK OF NEW YORK CASH RESERVE MMKT -0.2792030224
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.1596624605
GOLDMAN FINL SQ TRSRY INS MMKT -0.0927015372
DREYFUS GOVT CASH MGMT MMKT -0.0740428248
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0391031011
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0389526389