TECS icon

Direxion Daily Technology Bear 3x Shares

22.08 USD
+0.05
0.23%
At close Updated Sep 12, 4:00 PM EDT
Pre-market
After hours
22.02
-0.06
0.27%
1 day
0.23%
5 days
-6.91%
1 month
-2.3%
3 months
-28.22%
6 months
-63.32%
Year to date
-54.02%
1 year
-62.58%
5 years
-98.42%
10 years
-99.99%
0
Funds holding %
of 7,462 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

26% more call options, than puts

Call options by funds: $8.34M | Put options by funds: $6.62M

20% more funds holding

Funds holding: 15 [Q1] → 18 (+3) [Q2]

22.26% less ownership

Funds ownership: 30.67% [Q1] → 8.4% (-22.26%) [Q2]

67% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 6

82% less capital invested

Capital invested by funds: $28.9M [Q1] → $5.26M (-$23.7M) [Q2]

Financial journalist opinion

Negative
Seeking Alpha
21 days ago
TECS: Maybe It's Time To Be Bear On Tech
Understanding the construction of financial instruments is crucial to evaluating their effectiveness and suitability for investment goals. TECS is an open-ended, leveraged ETF designed to provide 3x inverse exposure to the Technology Select Sector Index using liquid instruments like cash and swaps. Liquidity risks common to open-ended funds are mitigated in TECS due to its use of highly liquid underlying assets, unlike some other ETFs.
TECS: Maybe It's Time To Be Bear On Tech
Negative
Zacks Investment Research
23 days ago
AI Fatigue Hits Tech Biggies: Inverse ETFs in Focus
AI stocks stumbled this week, short sellers won big. Inverse ETFs like SQQQ, TECS, BERZ & QID shone as investors hedged against the AI trade.
AI Fatigue Hits Tech Biggies: Inverse ETFs in Focus
Neutral
ETF Trends
4 months ago
Top Performing Leveraged/Inverse ETFs: 04/27/2025
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 04/27/2025
Positive
ETF Trends
5 months ago
Despite Tech Drawdown, Profitable Opportunities Still Exist
Major indexes in the stock market have been upended by tariff news as of late. Tech has been taking the brunt of the blow as the Nasdaq-100 has been sliding since mid-February.
Despite Tech Drawdown, Profitable Opportunities Still Exist
Neutral
Zacks Investment Research
5 months ago
Trump Tariff Shakes U.S. Market: 5 Inverse ETFs to Gain
The U.S. equity index nosedived on Trump's sweeping series of tariffs, resulting in a spike for inverse or inverse-leveraged ETFs.
Trump Tariff Shakes U.S. Market: 5 Inverse ETFs to Gain
Neutral
ETF Trends
5 months ago
Top Performing Leveraged/Inverse ETFs: 03/30/2025
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 03/30/2025
Positive
Zacks Investment Research
5 months ago
5 Leveraged/Inverse ETFs That Gained in Double Digits in March
The current uncertain environment boosts demand for leveraged and inverse-leveraged ETFs.
5 Leveraged/Inverse ETFs That Gained in Double Digits in March
Neutral
ETF Trends
7 months ago
Ease S&P 500 Uncertainty Fears With These ETFs
With a new U.S. president at the helm and a Fed that's getting mixed signals from the economy, uncertainty abounds. Traders can ease those fears with leveraged and inverse exchange-traded funds (ETFs) from Direxion's product suite.
Ease S&P 500 Uncertainty Fears With These ETFs
Neutral
ETF Trends
1 year ago
With Volatility Inevitable, Stay Ready With These ETFs
Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when trading the S&P 500 and big tech, they can use leveraged/inverse ETFs from Direxion.
With Volatility Inevitable, Stay Ready With These ETFs
Neutral
Zacks Investment Research
1 year ago
Best Leveraged ETFs of Last Week
Wall Street was downbeat last week.
Best Leveraged ETFs of Last Week
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