Direxion Daily Technology Bear 3X Shares (TECS)
| Assets | $111.95M |
| Expense Ratio | 1.00% |
| PE Ratio | n/a |
| Shares Out | 3.44M |
| Dividend (ttm) | $1.66 |
| Dividend Yield | 7.43% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 2,406,283 |
| Open | 22.06 |
| Previous Close | 23.50 |
| Day's Range | 21.73 - 22.55 |
| 52-Week Low | 21.75 |
| 52-Week High | 101.82 |
| Beta | -3.44 |
| Holdings | 7 |
| Inception Date | Dec 17, 2008 |
About TECS
Fund Home PageThe Direxion Daily Technology Bear 3X Shares (TECS) is an exchange-traded fund that is based on the S&P Technology Select Sector index. The fund provides 3x leveraged inverse exposure to a market-cap-weighted index of US large-cap technology companies. TECS was launched on Dec 17, 2008 and is issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.16778 | Jul 1, 2025 |
| Mar 25, 2025 | $0.46902 | Apr 1, 2025 |
| Dec 23, 2024 | $0.47222 | Dec 31, 2024 |
| Sep 24, 2024 | $0.5556 | Oct 1, 2024 |
| Jun 25, 2024 | $0.8628 | Jul 2, 2024 |
| Mar 19, 2024 | $0.6059 | Mar 26, 2024 |
Performance
TECS had a total return of -67.32% in the past year, including dividends. Since the fund's inception, the average annual return has been -57.14%.
News
TECS: Maybe It's Time To Be Bear On Tech
Understanding the construction of financial instruments is crucial to evaluating their effectiveness and suitability for investment goals. TECS is an open-ended, leveraged ETF designed to provide 3x i...
TECS: There Are Reasons To Be Bearish
TECS is a leveraged ETF that takes a bear position against technology stocks which drive US indices. Leveraged ETFs like TECS can experience value erosion and are best used over short durations. There...
TECS: Bond/Equity Disconnect Widening, With Tech Overpriced
The Direxion Technology Bear 3x Shares is an ETF falling in the leveraged funds category. The vehicle seeks daily investment results 300% of the inverse performance of the Technology Select Sector Ind...
TECS: Moving From Buy To Hold After A 56% Gain
The Direxion Technology Bear 3x Shares is a leveraged ETF. The vehicle seeks daily investment results 300% of the inverse performance of the Technology Select Sector Index.
TECS: How To Make A Profit This August If Tech Buckles
The Direxion Technology Bear 3x Shares is an ETF falling in the leveraged funds category. The vehicle seeks daily investment results 300% of the inverse performance of the Technology Select Sector Ind...