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TECL ETF Profile


Family: Direxion Shares
Name: Direxion Daily Technology Bull 3X Shares
Inception Date: 17-Dec-2008
Termination Date:
Investment Objective: The Direxion Daily Technology Bull & Bear 3x Shares seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the S&P Technology Select Sector Index. There is no guarantee the funds will meet their stated investment objectives. The Index is calculated by the using a modified market capitalization methodology, which is a hybrid between equal weighting and conventional capitalization weighting with the weighting capped for the largest stocks included in the Index. Each stock in the S&P 500 Index is allocated to one and only one of the Select Sector Indexes & each of the component securities in the Index is a constituent company of the S&P 500.
Prospectus
Top 10 Holdings
Derivatives offset -237.3952%
TECHNOLOGY SELECT SECTOR INDEX SWAP 43.6686%
TECHNOLOGY SELECT SECTOR INDEX SWAP 40.4284%
TECHNOLOGY SELECT SECTOR INDEX SWAP 39.2576%
TECHNOLOGY SELECT SECTOR INDEX SWAP 33.7444%
TECHNOLOGY SELECT SECTOR INDEX SWAP 32.7267%
TECHNOLOGY SELECT SECTOR INDEX SWAP 29.1106%
DREYFUS GOVT CASH MAN INS 17.2880%
TECHNOLOGY SELECT SECTOR INDEX SWAP 11.7673%
APPLE INC AAPL 10.2348%
Top 10 Holdings Weight: 20.8%
Number of Holdings: 82
Shares Outstanding: 36,650,000
Total Net Assets: 3,597,564,000
NAV: 98.08
Net Expense Ratio: 0.94%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Technology
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor: Leveraged (3x)
Is Currency Hedged: No
US or Ex-US: Domestic