TECS - Direxion Daily Technology Bear 3X ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
+0.16 (+0.86%)
At close: 4:00PM EDT
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Previous Close18.60
Bid18.25 x 1200
Ask19.88 x 800
Day's Range18.30 - 18.83
52 Week Range18.00 - 48.35
Avg. Volume170,457
Net Assets27.51M
PE Ratio (TTM)N/A
YTD Return-46.86%
Beta (3y)-2.64
Expense Ratio (net)0.96%
Inception Date2008-12-17
Trade prices are not sourced from all markets
  • ETF Trends16 days ago

    Leveraged ETFs that Capitalize on Strength, Weakness in Tech

    The technology sector has been one of the main propellers helping to lift the stock market to new heights, but lately, it's been the shorts who are flying high thanks to a post-Labor Day Weekend sell-off that the sector has been seeing the last two trading sessions. For advanced traders, profits can be had playing both sides of tech, strength or weakness, via the  Direxion Daily Technology Bull 3X ETF (TECL) and Direxion Daily Technology Bear 3X ETF (TECS) . TECL and TECS gives bold traders the alternative to go long or short with triple the leverage, depending on activity within the tech sector.

  • ETF Trends2 months ago

    10 Inverse ETFs to Hedge Against Further Stock Market Risks

    Morgan Stanley's chief U.S. equity strategist Michael Wilson warned the equity market is heading toward a destructive phase, CNBC reports. "The Nasdaq could correct by 15 percent plus, the S&P 500 probably goes down about 10 [percent]," Wilson told CNBC.

  • Benzinga2 months ago

    Leveraged ETF Traders Were Jittery About Apple Earnings

    Apple Inc. (NASDAQ: AAPL ), the largest U.S. company by market value, reported earnings Tuesday after the close of U.S. markets. Data from the world of leveraged technology exchange traded funds (ETFs) ...

  • ETF Trends2 months ago

    Alphabet, Amazon, Oh My: A Big Week For Internet ETFs

    The week starting Monday, July 23 brings a slew of earnings reports from members of the Dow Jones Industrial Average and S&P 500. Among the marquee names reporting for the week are Google parent Alphabet ...

  • ETF Trends3 months ago

    12 ETF Strategies to Cope with Changing Markets

    Given the current certainties and market risks, ETF investors should construct resilient portfolios to participate on any further upside and hedge the downside. On the recent webcast (available On Demand for CE Credit), Potential ETF Strategies for Today’s (and Tomorrow’s) Markets, Sylvia Jablonski, Managing Director and Institutional ETF Strategist for Direxion and Portfolio+ ETFs, outlined a number of global elements that may influence an investor portfolio, such as the U.S. economy entering late-cycle phase, the Federal reserve moving toward monetary policy normalization, rising interest rates, building inflationary pressures, increasing dispersion amongst sectors, and changing geopolitical climate. "If you’re an investor, you have to believe that markets generally rise over time.

  • Benzinga3 months ago

    Apple's $1 Trillion Quest Lures Contrarians To A Leveraged ETF

    In theory, Apple's ongoing ascent to heights never seen by any company in the history of financial markets should be tempting aggressive traders to get involved with leveraged technology exchange traded funds (ETFs) heavy on Apple. Apple is the largest component in the Technology Select Sector Index at 14.76 percent of that benchmark's weight. Shares of Apple are up nearly 4 percent over the past month, but that is not luring traders to TECL.

  • Benzinga5 months ago

    Facebook Volatility Providing An Opportunity In Some Leveraged ETFs

    The reaction to the scandal was obviously significant to the stock, at one point knocking out $80 billion in Facebook's market cap, but it also provided a trading opportunity for short-term traders, particularly in the Direxion Daily Technology Bull 3X Shares (NYSE: TECL), which tries to deliver triple the daily returns of the aforementioned Technology Select Sector Index, and the Direxion Daily Technology Bear 3X Shares (NYSE: TECS), which tries to mirror triple the daily inverse performance of that index. Not surprisingly, TECL and TECS were responsive to Facebook's woes.

  • ETF Trends5 months ago

    Facebook Flap: More Friends for These ETFs

    Facebook Inc.’s (NasdaqGS:FB) recent public relations flap involving Cambridge Analytica is calling attention to an array of technology exchange traded funds featuring exposure to shares of the social ...

  • Benzinga5 months ago

    Time To Talk With Leveraged ETFs

    View more earnings on TECS See more from Benzinga Leverage Comes To The Robotics Trade A Rapidly Growing Developed Markets ETF Bipartisanship In An ETF © 2018 Benzinga.com. Benzinga does not provide investment ...

  • ETF Trends5 months ago

    2 ETFs to Aggressively Play Tech Sector Trends

    Technology stocks and tech ETFs have been on a wild ride this year but they remain among the better performing areas of the market. Traders who want to hedge against the wide swings or double down on the ...

  • ETF Trends6 months ago

    Look to Inverse Tech ETFs to Hedge Against Further Swings

    Technology stocks have been among the best performers in bull market rally, but have recently experienced wild swings that have shaken many investors. If volatile in this market segment continues, traders ...

  • Direxion Announces Reverse Splits of Five ETFs
    PR Newswire7 months ago

    Direxion Announces Reverse Splits of Five ETFs

    NEW YORK , Feb. 28, 2018 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Technology Bear 3X Shares, Direxion Daily Energy ...

  • Will the Technology Sector Keep Up the Blaze?
    Market Realist7 months ago

    Will the Technology Sector Keep Up the Blaze?

    The S&P500 Information Technology Sector GICS level 1 is up by a whopping 39% since last January. The first was the issue of visas and whether President Trump would crack down on some of the highly skilled workers needed in the tech industry from other countries. Second, Silicon Valley was initially fairly hostile to President Trump, and there was concern over some type of retribution.

  • Market Realist9 months ago

    Why US Technology Stocks Have Outshone in 2017

    Most investors are well aware of how fabulous tech stocks have been this year. As mentioned, the tech-heavy NASDAQ is up over 25%, while the Philadelphia Semiconductor Index, or SOX, is up over 37% this ...

  • Benzinga9 months ago

    Playing The Tech Rebound With These Leveraged ETFs

    As has been widely documented , the technology sector saw its first real weakness of the year at the end of November. The Nasdaq 100 Index fell off nearly 3 percent from its highs, thought it has since ...

  • Benzinga11 months ago

    The Leveraged ETF Tech Trade During Earnings Season

    Tech sector earnings kick off in a big way in the next week, as big tech stocks like Amazon.com, Inc. (NASDAQ: AMZN ), Apple Inc (NASDAQ: AAPL ), Facebook Inc (NASDAQ: FB ), and Alphabet Inc (NASDAQ: GOOGL ...