Direxion Daily Technology Bear 3X Shares (TECS)

  • Loading...

Fund Description

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 04.15.2014

Previous Close $19.87 Expense Ratio 0.95%
YTD Return 5.06% Avg. 30-Day Volume 99,962
1-Year Return 48.9% Market Cap Loading...
Bid $19.85 Shares Outstanding 921,000
Ask $19.94 Dividends $0.00

Best Fit Science & Technology Funds

See full rankings for Science & Technology Funds