TTXDDirexion Daily Technology Top 5 Bear 2X ETF
Seeks daily investment results of 200% of the inverse performance of the Index.
By Direxion Funds · Launched 2025
0.01%
#144 of 5,573 · low cost
$2M
#5,410 of 5,573 · small
N/A
9 months
#4,818 of 5,573 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Inverse
Sector
Information technologyIndex tracked
S&P 500 Information Technology Index
What it actually holds
By weightConcentration
Top 6 holdings = 99.6% of fundconcentrated
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of 200% of the inverse performance of the Index.
- Strategy
- Invests primarily in financial instruments like swap agreements and futures to provide 2X daily inverse exposure to the top five securities in the S&P 500 Information Technology Index. The Fund rebalances daily to maintain its inverse exposure, which may lead to high portfolio turnover.
- Inception date
- September 30, 2025
- Fund family
- Direxion Funds
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=inverse + leveraged_name_or_strategy
Inverse ETF — daily tool only
Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.
Source: Cheng & Madhavan (2009)
Why we flagged this: strategy=inverse + inverse_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-20