Direxion Daily Technology Bull 3x Shares (TECL)
| Assets | $2.73B |
| Expense Ratio | 0.97% |
| PE Ratio | 43.09 |
| Shares Out | n/a |
| Dividend (ttm) | $0.17 |
| Dividend Yield | 0.28% |
| Ex-Dividend Date | Jun 21, 2023 |
| Payout Ratio | 12.00% |
| 1-Year Return | +134.65% |
| Volume | 3,022,958 |
| Open | 58.20 |
| Previous Close | 57.54 |
| Day's Range | 57.98 - 59.91 |
| 52-Week Low | 20.15 |
| 52-Week High | 61.63 |
| Beta | n/a |
| Holdings | 76 |
| 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
266.62% of assets| Name | Symbol | Weight |
|---|---|---|
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 38.76% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 33.47% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 32.16% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 30.85% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 30.78% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 26.60% |
| TECHNOLOGY SELECT SECTOR INDEX SWAP | n/a | 22.54% |
| Microsoft Corporation | MSFT | 18.71% |
| Apple Inc. | AAPL | 18.30% |
| DREYFUS GOVT CASH MAN INS | n/a | 14.46% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 21, 2023 | $0.03993 | Jun 28, 2023 |
| Mar 21, 2023 | $0.07682 | Mar 28, 2023 |
| Dec 20, 2022 | $0.04921 | Dec 28, 2022 |
| Dec 9, 2021 | $0.27909 | Dec 16, 2021 |
| Dec 10, 2020 | $0.190 | Dec 17, 2020 |
| Mar 24, 2020 | $0.0195 | Mar 31, 2020 |
News
2024 Could Attract Both Bears and Bulls to Big Tech
The air could slowly be exiting the big tech balloon after a strong 2023 that saw the Nasdaq rise over 40% thus far. As 2023 turns into 2024, however, both bulls and bears could benefit.
S&P 500 Winning Streak Could Extend Through 2024
.As 2023 comes to a close, there's seemingly an abundance of optimism heading into 2024 when it comes to the S&P 500. If forecasts are correct, this should bode well for the Direxion Daily S&P 500 Bul...
Q3 Earnings Should Provide Plenty of Opportunities in Big Tech
Big tech has obviously been a major mover for the stock market in 2023. With third quarter earnings forthcoming, there should be plenty of opportunities for broad-based ETF as well as single-stock ETF...
Buy the Dip in Apple, or Has the Trend Turned Rotten?
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are ...
AI Adoption Continues to Power Gains for Big Tech
Software giant Microsoft continues to provide more fuel to propel the big tech rally as the company beat analysts' expectations. One of the catalysts for big tech will be the adoption of artificial in...
Dissipating Inflation Fears Can Propel These ETFs Further
The impetus for a continued market rally through the second half of 2023 could be playing out as dissipating inflation fears could propel bullish leveraged exchange traded funds (ETFs) further.
Will Augmented Reality Augment Apple's Returns?
One of the world's most innovative tech companies just debuted a new product in recent days – the Apple Vision Pro. This is a spatial computer headset that blends virtual and actual realities together...
Big Tech Is Outpacing Small-Caps Amid Market Rally
Small-caps can typically give traders amplified moves to the upside versus large-caps, but big tech specifically has been winning the market capitalization battle in the current rally.
Will Layoffs in May Give Bearish Vibes to Retail and Tech?
The machinations of a recession could already be manifesting themselves in layoffs during the month of May. The job markets for retail and tech were especially vulnerable last month.
Apple, Microsoft Boost the S&P 500 Amid Tech Comeback
With the Nasdaq 100 Index up almost 30% for the year, big tech continues to climb. Apple and Microsoft are two names that are helping big tech's 2023 rally and the S&P 500 Index overall.
Big Tech Rally Continues as Earnings Boost Investor Confidence
Big tech's mojo doesn't appear to be fading as a recent spate of earnings reports are giving investors reason to be confident. The Nasdaq 100 is up over 20% this year compared to the S&P 500's 8.6% ga...
Big Tech Continues to Undo Excessive Hiring During Pandemic
There appears to be no end in sight when it comes to big tech's layoffs. A recent Investor's Business Daily article noted that more layoffs could be ahead for the rest of 2023.
Daily Volatility in the Nasdaq 100 Spells Opportunity in These 2 ETFs
When it comes to volatility, the Nasdaq 100 can give investors an exhilarating roller coaster ride. For short-term traders, this spells an opportunity for a pair of leveraged exchange traded funds (ET...
January Inflation Report Put These 4 ETFs on a Roller Coaster Ride
Inflation reports will certainly move the markets in 2023 the same way they did in 2022 — at least until the U.S. Federal Reserve feels it has inflation relatively under control, but that could take s...
These 2 ETFs Show Growth Is Back in Style and Safe Is Yesterday's News
It's been risk-on the past few months as investor confidence returns, putting safety on the back burner. As such, growth names are back in vogue on the stock market while safe-haven sectors may langui...
2 ETFs to Consider After Better-Than-Expected Q4 GDP
GDP growth was better than expected in the fourth and final quarter of 2022, giving investors hope heading into 2023 that bullishness will reign. Thus far, that's been the case with the major stock ma...
Keep These 2 ETFs Handy as Investors Await Big Tech Earnings
Tech's biggest names will be releasing their earnings reports, and that will certainly sway the markets one direction or the other. It's a vital earnings report not only due to big tech's effect on th...
Tech's Recovery Could Take Time: 2 ETFs to Consider
The Nasdaq 100 finished 2022 down 32%, and bullish tech traders are hoping that 2023 brings a turnaround, but like all good things, it could take time. That said, there are always opportunities to pla...
Amazon Could Potentially Shine in a 2023 Full of Unknowns
The new year will be full of unknowns, especially with respect to a potential recession that could result from aggressive rate hikes. That said, one of the stocks with the potential to shine despite t...
TECL Is Up Over 25% the Past Month Despite Tech Layoffs
Positive news surrounding big tech is hard to come by these days. In recent news, big tech is resorting to mass layoffs, but that hasn't stopped the Direxion Daily Technology Bull 3X ETF (TECL) from g...
Optimistic October Is Bringing Bullish S&P 500 Bets Back to Life
Down about 20% for the year, the S&P 500 is having an optimistic October, rising about 4% the past month to give bullish traders hope that the market could turn around before year's end. This runs cou...
Picking a Bottom in Tech? Consider This Leveraged ETF
Timing tops and bottoms in any market sector is almost an impossible task for even the most astute investor. But for traders who want to play off their strong convictions, particularly in the downtrod...