Direxion Daily Technology Bear 3X SharesTECS:PCQ:USD
| 32.50 | 0.36 / 1.11% | 31.52 - 64.50 | -0.84 | |||
| Latest price in USD | Today's change | 52-week range | 3-yr sharpe ratio |
|---|
Objective
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.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Morningstar category | Trading-Inverse Equity |
| Launch date | 17/12/2008 |
| Price currency | USD |
| Domicile | United States |
| Symbol | TECS |
| Manager & start date | Paul Brigandi 17/12/2008 |
Investment
| Total net assets | 22.74m USDAs of Apr 30 2013 |
|---|---|
| Market cap | 21.84m USD |
| Shares outstanding | 672.00k |
| Average volume (10-day) | 39.79k |
| Net expense ratio | 1.01% |
| Last dividend | -- |
| Div yield | 0.00% |
| Div ex-date | -- |
| Div pay-date | -- |
| Available for sale | United States |
Diversification
Asset type

Cash | 412.77% |
|---|---|
Other | 0.00% |
Bond | 0.00% |
US stock | 0.00% |
Non-US stock | -312.77% |
Top 5 sectors
Cash & Equivalents | 416.48% |
|---|
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Short allocation | Long allocation |
|---|---|---|---|---|
| Technology Select Sector | -- | -196.77% | ||
| Technology Select Sector | -- | -63.64% | ||
| Technology Select Sector | -- | -52.36% |

