Direxion Daily Technology Bear 3X Shares (TECS)
Market Closed
10 Aug, 20:00
$
61. 82
+1.6
+2.6569%
$
81.25M Market Cap
0.35% Div Yield
397,429 Volume
$ 60.22
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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.
Seekingalpha | 11 months ago
