Direxion Daily Technology Bear 3X Shares (TECS)
- Equity | Science & Technology Funds
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Technology Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.
Fund Snapshot Updated 05.17.2013
|Previous Close||$31.81||Expense Ratio||0.95%|
|YTD Return||32.0%||Avg. 30-Day Volume||64,966|
|1-Year Return||48.2%||Market Cap||Loading...|