TECLDirexion Daily Technology Bull 3X Shares

Take a bet17y track recordRanked #25 of 995 in this goal

Seeks daily investment results of 300% of the daily performance of the Index.

By Direxion Funds · Launched 2008

Annual Cost

0.87%

#4,788 of 6,040 · expensive

Fund Size

$5.9B

#421 of 6,040 · large

Return (1Y)

+96.0%

Track Record

17 years

#641 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$15,928+59.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS

10.7%

NVIDIA Corp.

10.3%

N/A

9.2%

Apple Inc.

8.5%

DREYFUS GOVERNMENT CASH MANAGE

7.6%

Microsoft Corp.

6.4%

N/A

5.3%

N/A

5.3%

Broadcom Inc

4.2%

GOLDMAN FINANCIAL

3.3%

Asset allocation

Other

76.9%

Stocks

23.2%

By sector

Technology

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

78.9%High

Year-on-year price swings

Max drawdown

-78.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.00Decent risk-adjusted returns

Sortino (3Y)

1.45Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 300% of the daily performance of the Index.
Strategy: Invests primarily in domestic companies from the technology sector to achieve 3X daily leveraged exposure. The Fund is non-diversified and rebalances daily to maintain its investment objective.
Inception date: December 17, 2008
Fund family: Direxion Funds