The Direxion Daily Technology Bear 3X Shares (Ticker: TECS) is a dynamic exchange-traded fund designed for investors seeking amplified inverse exposure to the information technology sector. This ETF falls under the sector-focused category, with a distinct emphasis on the broad-based niche of technology stocks. TECS is engineered to deliver three times the inverse daily performance of the Technology Select Sector Index, making it a powerful tool for traders with a bearish outlook on the tech industry. By utilizing derivatives and sophisticated financial instruments, TECS allows investors to capitalize on short-term market movements, providing a strategic hedge against potential downturns in the tech sector. This leveraged ETF is particularly appealing to those aiming to profit from rapid declines or to diversify their portfolio with a contrarian perspective. However, due to its leveraged nature, TECS is best suited for experienced investors who are comfortable with high-risk, high-reward strategies and are capable of actively managing their positions.
Direxion Daily Technology Bear 3X Shares (TECS) Fund Flow Chart
Direxion Daily Technology Bear 3X Shares (TECS) 1 year Net Flows: 757M
TECS ETF FAQ
What was TECS’s price range in the past 12 months?
TECS lowest ETF price was 40.89 and its highest was 97.75 in the past 12 months.
What is the AUM of TECS?
As of Mar 28, 2025 The AUM of TECS is 87.69M.
Is TECS overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does TECS pay dividends?
TECS pays a Quarterly dividend of 0.469 which represents an annual dividend yield of 3.71%. See more information on TECS dividends here
How many shares outstanding does TECS have?
Currently, no data Available
Which hedge fund is a major shareholder of TECS?
Currently, no hedge funds are holding shares in TECS