Direxion Daily Technology Bull 3x Shares (TECL)
| Assets | $3.29B |
| Expense Ratio | 0.94% |
| PE Ratio | 38.83 |
| Shares Out | 36.25M |
| Dividend (ttm) | $0.25 |
| Dividend Yield | 0.26% |
| Ex-Dividend Date | Dec 12, 2024 |
| Payout Ratio | 10.01% |
| 1-Year Return | +41.27% |
| Volume | 1,767,201 |
| Open | 88.88 |
| Previous Close | 90.93 |
| Day's Range | 88.00 - 97.00 |
| 52-Week Low | 54.80 |
| 52-Week High | 112.78 |
| Beta | 3.53 |
| Holdings | 81 |
| Inception Date | Dec 17, 2008 |
About TECL
Fund Home PageThe Direxion Daily Technology Bull 3x Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is issued by Direxion.
Top 10 Holdings
265.88% of assets| Name | Symbol | Weight |
|---|---|---|
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 46.40% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 35.84% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 34.77% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 33.45% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 30.93% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 27.29% |
| DREYFUS GOVT CASH MAN INS | n/a | 23.84% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 12.50% |
| Apple Inc. | AAPL | 11.24% |
| Microsoft Corporation | MSFT | 9.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.035 | n/a |
| Jun 25, 2024 | $0.098 | Jul 2, 2024 |
| Mar 19, 2024 | $0.112 | Mar 26, 2024 |
| Dec 21, 2023 | $0.071 | Dec 29, 2023 |
| Jun 21, 2023 | $0.040 | Jun 28, 2023 |
| Mar 21, 2023 | $0.077 | Mar 28, 2023 |
News
TECL: A Low Volatility, High Return Strategy
From 2008 to 2024, a stripped-down version of the strategy outlined here would have generated 15% alpha relative to SPY, before bid-ask spreads and tax liabilities are estimated. Assuming 37% capital ...
Where ETF Investors Put Money to Work on Election Week
My friend and industry veteran Dave Nadig used to call the exercise of interpreting ETF asset flows as “reading the tea leaves.” I have always loved that image because it suggests asset flows can be t...
TECL: A Leveraged Bet On Large-Cap Tech
The Direxion Daily Technology Bull 3X Shares ETF tracks an index investing primarily in Semiconductor, Software, and Hardware companies. The ETF's 10 largest holdings trade at a forward P/E of 35.40, ...
TECL: This 3x ETF Is A Triple Threat To Our Wealth, Sell Rating Issued
The Direxion Daily Technology Bull 3X Shares ETF aims to provide three times the daily performance of the Technology Select Sector Index. High valuations of major holdings like Microsoft and Apple, co...
TECL ETF: The Upside Should Continue, Amid Volatility
TECL's most recent upside, which started on October 26, could continue. This bullish position is based on its relationship with XLK and the strength of the tech sector. However, TECL is highly leverag...
TECL: The Riskiest Bet Of All
The Direxion Daily Technology Bull 3X Shares is a leveraged ETF that focuses on technology companies in the S&P 500 index. TECL aims to achieve a 300% daily return, amplifying gains or losses compared...
July Breakout ETF/ETNs Week 29 - 2023: Strongest Momentum Gainers For Next Week
This article highlights current and future ETF/ETN breakouts for Week 29 using the MDA momentum cycle model. Following the positive Momentum Gauge signal on June 1st, leading funds include NAIL +67.1%...
June MDA Breakout Stocks/ETFs Week 25 - 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 25 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +105.71% YTD. Last week, we had peak gains in LUN...
June MDA Breakout Stocks/ETFs Week 22 - 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 22 with better than 10% short-term upside, ETF updates and one Dow 30 pick. Average cumulative returns for 2023 are +79.6% YTD. Last week we had peak gains in GLOB +15...
TECL ETF Is Now Worth A Nibble
The TECL ETF is a supercharged way to play a potential rebound in tech stocks this year. It offers a 3x amplified movement up or down, relative to ETF component stocks. With the amplified effect, ther...