Direxion Daily Technology Bear 3X Shares (TECS)

NYSEARCA: TECS · Real-Time Price · USD
49.26
+0.10 (0.20%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.20%
Assets $1.01B
Expense Ratio 1.10%
PE Ratio n/a
Shares Out 1.54M
Dividend (ttm) $1.94
Dividend Yield 3.93%
Ex-Dividend Date Sep 24, 2024
Payout Ratio n/a
1-Year Return -57.50%
Volume 891,100
Open 49.08
Previous Close 49.16
Day's Range 49.01 - 51.24
52-Week Low 6.18
52-Week High 119.20
Beta -2.83
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

3.14% of assets
Name Symbol Weight
DREYFUS GOVT CASH MAN INS n/a 77.96%
GOLDMAN FINL SQ TRSRY INST 506 n/a 16.86%
GOLDMAN SACHS FIN GOV 465 INSTITUT n/a 11.67%
DREYFUS TRSRY SECURITIES CASH MGMT n/a 6.67%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -10.50%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -10.67%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -15.42%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -16.94%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -17.31%
TECHNOLOGY SELECT SECTOR INDEX SWAP n/a -39.17%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 24, 2024 $0.560 Oct 1, 2024
Jun 25, 2024 $0.086 Jul 2, 2024
Mar 19, 2024 $0.061 Mar 26, 2024
Dec 21, 2023 $1.230 Dec 29, 2023
Sep 19, 2023 $0.153 Sep 26, 2023
Jun 21, 2023 $0.197 Jun 28, 2023
Full Dividend History

News

Don't Bet Against Progress

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...

1 year 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...

2 years ago - Seeking Alpha