Direxion Daily Technology Bear 3X Shares (TECS)
| Assets | $104.96M |
| Expense Ratio | 1.00% |
| PE Ratio | n/a |
| Shares Out | 5.79M |
| Dividend (ttm) | $1.29 |
| Dividend Yield | 7.61% |
| Ex-Dividend Date | Sep 23, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 3,859,428 |
| Open | 17.15 |
| Previous Close | 17.74 |
| Day's Range | 16.78 - 17.22 |
| 52-Week Low | 16.78 |
| 52-Week High | 101.82 |
| Beta | -3.46 |
| Holdings | 13 |
| 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.
Top 10 Holdings
130.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 73.17% |
| Goldman Finl Sq Trsry Inst 506 | n/a | 39.82% |
| Goldman Sachs Fin Gov 465 Institut | n/a | 19.84% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 7.34% |
| Cash | n/a | -0.01% |
| Technology Select Sector Index Swap | n/a | -0.73% |
| Technology Select Sector Index Swap | n/a | -1.29% |
| Technology Select Sector Index Swap | n/a | -2.22% |
| Technology Select Sector Index Swap | n/a | -2.41% |
| Technology Select Sector Index Swap | n/a | -2.96% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2025 | $0.18164 | Sep 30, 2025 |
| 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 |
Performance
TECS had a total return of -65.77% in the past year, including dividends. Since the fund's inception, the average annual return has been -57.53%.
News
Direxion's TECL, TECS ETFs Allow Traders To Speculate On Tech's Wild Ride
As an eventful year in 2025 marches toward the final stretch, the broader economy has been hit with several headwinds, ranging from the geopolitical impacts of tariffs to a weakened labor market. Subs...
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...