The fund, under normal circumstances, invests at least 80% of the fund"s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund"s investment objective. The index is provided by S&P Dow Jones Indices (the index provider) and includes domestic companies from the technology sector. It is non-diversified.
Frequently asked questions
What is the Direxion Daily Technology Bear 3X Shares (TECS) expense ratio?
The Direxion Daily Technology Bear 3X Shares funds expense ratio is 1.1%.
What is Direxion Daily Technology Bear 3X Shares (TECS) current stock price?
As of the latest data, Direxion Daily Technology Bear 3X Shares stock price is $59.23, with a previous close of $62.35. Direxion Daily Technology Bear 3X Shares lost -$3.12 in the last trading session, representing a -5% loss.
Does Direxion Daily Technology Bear 3X Shares (TECS) pay dividends?
Yes. Direxion Daily Technology Bear 3X Shares pays quarterly dividends with an annualized yield of 3.38% and an estimated annual payout of $2.00 per share.
When is the next ex-dividend date for Direxion Daily Technology Bear 3X Shares (TECS)?
The next ex-dividend date is scheduled for December 29, 2026.