Direxion Daily Technology Bear 3X Shares (TECS)

NYSEARCA: TECS · Real-Time Price · USD
45.20
+3.35 (8.00%)
At close: Feb 21, 2025, 4:00 PM
45.30
+0.10 (0.22%)
After-hours: Feb 21, 2025, 5:04 PM EST
8.00%
Assets $1.01B
Expense Ratio 1.10%
PE Ratio n/a
Shares Out 1.79M
Dividend (ttm) $6.20
Dividend Yield 13.72%
Ex-Dividend Date Dec 23, 2024
Payout Ratio n/a
1-Year Return -48.22%
Volume 636,359
Open 41.76
Previous Close 41.85
Day's Range 41.75 - 45.28
52-Week Low 6.18
52-Week High 97.80
Beta -2.80
Holdings 12
Inception Date Dec 17, 2008

About TECS

Fund Home Page

The Direxion Daily Technology Bear 3X Shares (TECS) is an exchange-traded fund that is based on the 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.

Asset Class Equity
Category Trading--Inverse Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol TECS
ETF Provider Direxion
Index Tracked Technology Select Sector

Top 10 Holdings

-42.00% of assets
Name Symbol Weight
DREYFUS GOVT CASH MAN INS n/a 66.90%
GOLDMAN FINL SQ TRSRY INST 506 n/a 14.40%
DREYFUS TRSRY SECURITIES CASH MGMT n/a 9.61%
GOLDMAN SACHS FIN GOV 465 INSTITUT n/a 7.81%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -12.02%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -16.25%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -18.24%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -26.45%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -32.31%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -35.43%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 23, 2024 $4.7222 Dec 31, 2024
Sep 24, 2024 $0.5556 Oct 1, 2024
Jun 25, 2024 $0.8628 Jul 2, 2024
Mar 19, 2024 $0.06059 Mar 26, 2024
Dec 21, 2023 $1.2266 Dec 29, 2023
Sep 19, 2023 $1.5347 Sep 26, 2023
Full Dividend History

News

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Shorting or hedging against companies driving innovation and growth in the US stock markets is not a viable long-term strategy. Historical trends suggest that bear markets are relatively short-lived, ...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

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...

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