TECL
- Direxion Daily Technology Bull 3X SharesKey Information
| Earliest date | 2009-01-02 |
| Exchange | NYSE |
| Instrument Type | ETF |
| MIC Code | ARCX |
| Country | United States |
ETF Information
| Fund Provider | Rafferty Asset Management |
| Index | Technology Select Sector (300%) |
| Expense Ratio | 0.94% |
| Number Of Holdings | 68 |
| Inception Date | 2008-12-17 |
| Asset Class | Equity |
| Currency | USD |
| Listing | US-listed |
| Sector | Technology |
| Investment Style | Growth |
| Non-leveraged | Leveraged |
About TECL
The Direxion Daily Technology Bull 3X Shares ETF provides investors with 3x daily long leverage to the Technology Select Sector Index, making it a suitable option for those with a bullish short-term outlook for technology equities in the United States. The fund's leverage resets daily, resulting in compounding of returns when held for multiple periods. It is designed for sophisticated investors with a high risk tolerance and is not suitable for buy-and-hold strategies.