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Direxion Daily Technology Bear 3X Shares (TECS)

NYSEARCA: TECS · IEX Real-Time Price · USD
4.14 -0.11 (-2.59%)
Oct 15, 2021 4:00 PM EDT - Market closed
Assets$63.39M
NAV$4.25
Expense Ratio1.10%
PE Ration/a
Shares Out14.91M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend DateMar 24, 2020
1-Year Return
-
Volume3,059,245
Open4.19
Previous Close4.25
Day's Range4.14 - 4.24
52-Week Low3.94
52-Week High15.22
Beta-2.24
Holdings0
Inception DateDec 17, 2008

About TECS

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Technology Select Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is provided by S&P Dow Jones Indices (the index provider) and includes domestic companies from the technology sector. It is non-diversified.

Asset ClassEquity
SectorTechnology
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolTECS
Index TrackedTechnology Select Sector Index

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.1304Mar 31, 2020
Dec 23, 2019$0.2364Dec 31, 2019
Sep 24, 2019$0.3857Oct 1, 2019
Jun 25, 2019$0.6008Jul 2, 2019
Mar 19, 2019$0.4882Mar 26, 2019
Dec 27, 2018$0.7968Jan 4, 2019
Full Dividend History

News

Rising Yields Rattles Market: Inverse ETFs in Vogue

Wall Street resumed its quarter-end decline in the face of rising yields. This has resulted in a spike in inverse or inverse leveraged ETFs.

Other symbols:LABDSOXSWEBS
1 week ago - Zacks Investment Research

6 Top-Performing Leveraged/Inverse ETFs of September

September proved the historical trends to be true as Wall Street logged in the worst month of this year.

Other symbols:GUSHLABDSINVSQQQ
2 weeks ago - Zacks Investment Research

Play the Recent Moves in Big Tech with Two Leveraged ETFs

The resurgence of growth could spark a move back into big tech, but the latest market moves could also make way for inverse plays with the Direxion Daily Technology Bear 3X ETF (TECS). The Nasdaq 100, d...

3 months ago - ETF Trends

Inverse ETFs to Play the Decline in Tech Sector

The technology sector is witnessing weakness since the start of the week amid intensifying fears of increasing inflation and rising interest rates.

Other symbols:CLDSREWSOXSSQQQWEBS
5 months ago - Zacks Investment Research

7 Inverse ETFs Riding High on Nasdaq Sell-Off

We have highlighted seven inverse ETFs that benefited the most from the Nasdaq sell-off.

5 months ago - Zacks Investment Research

6 Inverse ETFs Riding High on Tech Sell-Off This Week

Higher rates tend to hit hard the technology sector as it relies on easy borrowing for superior growth.

Other symbols:CLDSSOXSSQQQTSLAWEBS
7 months ago - Zacks Investment Research

Inverse ETFs Gaining More Than 20% in September

The month of September has been brutal for the U.S. stock market with the S&P 500 Index on track for its sharpest decline in September since 2002.

Other symbols:DRIPFAZHIBSSMDDSQQQ
1 year ago - Zacks Investment Research

ETFs in Focus on Tug of War Between Bulls and Bears

Both bull and bear ETFs are showing immense potential as abrupt changes in sentiments have raised the appeal for these products.

1 year ago - Zacks Investment Research

5 Inverse Tech ETFs Jump on Fastest-Ever Nasdaq Correction

The Nasdaq slumped to the correction territory (down 10% from the peak) in just three days, representing its quickest plunge ever from a record close.

Other symbols:SOXSSQQQWEBS
1 year ago - Zacks Investment Research

Will Rising Bond Yields Signal Weakness in Technology?

Global economies are slowly looking to reopen their doors amid the coronavirus pandemic, which could be fueling investor risk once again. Technology equities have been the toast of the town, but will ri...

Other symbols:TMF
1 year ago - ETF Trends

Mind the Momentum When It Comes to the Markets

Using a multi-factor strategy in the current market landscape could help investors identify opportunities, but if you’re looking to drill down to one factor, momentum shouldn’t be forgotten. In today’s ...

Other symbols:ONLNTECL
1 year ago - ETF Trends

3 ETFs To Short The Dow

With last Friday's 4.55% slide, the Dow Jones Industrial Average erased all of the gains accrued since President Trump won the 2016 election.

Other symbols:DOGSDOW
1 year ago - Benzinga

Inverse ETFs to Play if Coronavirus Keeps Hurting Markets

According to a recent analysis from MSCI, the U.S. equities could fall another 11% from Mar 3 levels.

Other symbols:ERYSIJSPXSSQQQ
1 year ago - Zacks Investment Research

10 Inverse ETFs That Gained More Than 30% Over the Past Week

The rapidly spreading coronavirus has made investors jittery this week, sending the global market into a tailspin. This has resulted in strong demand for inverse or inverse leveraged ETFs.

Other symbols:DRIPDUGERYHIBSSOXS
1 year ago - Zacks Investment Research

3 ETFs That Could Benefit From Apple's Downbeat Guidance

Today could be a rough one for Apple (NASDAQ: AAPL). Late Monday, the iPhone maker withdrew guidance for the current quarter, citing issues related to COVID-19, the new coronavirus from China.

Other symbols:SOXSSPXS
1 year ago - Benzinga

These Are The Leveraged ETFs At Play When Trade War Worries Strike

The U.S.-China trade war is more than 18 months old. And in that time the conflict has taken a toll on stocks across the world and put company executives and market watchers alike on edge.

Other symbols:SOXLSOXSLABDLABUTECL
2 years ago - Benzinga

Trump Tariff Threats Resume: How to Profit With Inverse ETFs

After reaching a peak last week, Wall Street tumbles with the resurfacing of President Donald Trump's tariff threat.

Other symbols:SDOWSIJSOXSSPXUSQQQ
2 years ago - Zacks Investment Research

Tech Tests Could Be Timely For These ETFs

Some of the big-name technology companies, including Microsoft Corporation, have already delivered quarterly earnings, but the high-flying sector is set to experience an earnings avalanche during the we...

Other symbols:TECL
2 years ago - Benzinga