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TECS ETF Profile


Family: Direxion Shares
Name: Direxion Daily Technology Bear 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 313.1520%
TECHNOLOGY SELECT SECTOR INDEX SWAP -94.8357%
TECHNOLOGY SELECT SECTOR INDEX SWAP -70.6326%
DREYFUS GOVT CASH MAN INS 60.5239%
TECHNOLOGY SELECT SECTOR INDEX SWAP -57.5456%
TECHNOLOGY SELECT SECTOR INDEX SWAP -32.4879%
GOLDMAN FINL SQ TRSRY INST 506 27.9502%
TECHNOLOGY SELECT SECTOR INDEX SWAP -17.3631%
TECHNOLOGY SELECT SECTOR INDEX SWAP -14.5347%
TECHNOLOGY SELECT SECTOR INDEX SWAP -12.9707%
Top 10 Holdings Weight: 101.3%
Number of Holdings: 13
Shares Outstanding: 4,539,102
Total Net Assets: 95,820,440
NAV: 21.12
Net Expense Ratio: 1.01%
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: Inverse (-3x)
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes