DIREXION SHARES ETF TRUST

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

TECL trades at 76.25 USD today, its price has risen 0.86% in the past 24 hours. Track more dynamics on TECL price chart.

TECL net asset value is 70.59 today — it's risen 74.57% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

TECL assets under management is ‪2.96 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

TECL price has risen by 9.55% over the last month, and its yearly performance shows a −22.07% decrease. See more dynamics on TECL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −22.98% decrease in three-month performance and has decreased by −6.66% in a year.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

TECL invests in stocks. See more details in our Analysis section.

Yes, TECL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

Yes, TECL pays dividends to its holders with the dividend yield of 0.46%.

TECL trades at a premium (0.73%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

TECL shares are issued by Rafferty Asset Management LLC

TECL follows the S&P Technology Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Dec 17, 2008.