Direxion Daily 5G Communications Bull 2X Shares (TENG)
| Assets | $2.84M |
| NAV | $18.94 |
| Expense Ratio | 0.95% |
| PE Ratio | 26.98 |
| Shares Out | 150,000 |
| Dividend (ttm) | $0.15 |
| Dividend Yield | 0.81% |
| Ex-Dividend Date | Mar 22, 2022 |
| 1-Year Return | -25.66% |
| Volume | 204 |
| Open | 18.82 |
| Previous Close | 18.84 |
| Day's Range | 18.18 - 18.88 |
| 52-Week Low | 17.55 |
| 52-Week High | 31.67 |
| Beta | -2.54 |
| Holdings | 88 |
| Inception Date | Jun 10, 2021 |
About TENG
The index is a rules-based index that consists of a tiered, modified market capitalization-weighted portfolio of U.S.-listed equity securities, of companies whose products and services are economically tied to the market's adoption of 5G networking and communication technologies. The fund invests at least 80% of its net assets in financial instruments and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. It is non-diversified.
Top 10 Holdings
57.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Mgmt Instl | DGCXX | 18.77% |
| Goldman Sachs FS Government Instl | FGTXX | 11.49% |
| Advanced Micro Devices | AMD | 5.86% |
| Analog Devices | ADI | 4.45% |
| Qualcomm | QCOM | 3.69% |
| Verizon Communications | VZ | 3.01% |
| NXP Semiconductors NV | NXPI | 2.75% |
| AT&T, Inc. | T | 2.70% |
| American Tower | AMT | 2.61% |
| T-Mobile US | TMUS | 2.58% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2022 | $0.01075 | Mar 29, 2022 |
| Dec 21, 2021 | $0.08837 | Dec 29, 2021 |
| Dec 9, 2021 | $0.02896 | Dec 16, 2021 |
| Sep 21, 2021 | $0.024 | Sep 28, 2021 |
News
An Economic Rebound Benefits the 5G Rollout
As the 5G rollout continues, one trading opportunity to look to is the Direxion Daily 5G Communications Bull 2X Shares (TENG). A sustained return to open venues, such as stadiums and other large city ar...
Direxion Talks New Leveraged Funds and 5G Environment
Last week Direxion launched two new daily leveraged funds, the Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and the Direxion Daily 5G Communications Bull 2X Shares (TENG). ETF Trends spoke wit...
Direxion Launches Two New Daily 2X Leveraged ETFs, ‘OOTO' & ‘TENG'
On Thursday, Direxion launched the Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and the Direxion Daily 5G Communications Bull 2X Shares (TENG). The Funds seek to achieve 200% of the daily perf...