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The Technology Select Sector Index (IXTTR)
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TECL: Risks And Rewards Of The Leveraged Bull (NYSEARCA:TECL)
Seeking Alphaยท 2025-10-10 21:34
The Direxion Daily Technology Bull 3X Shares ETF (NYSEARCA:TECL) is an aggressive ETF that uses economic leverage in the form of swaps and futures to derive a 300% return on the assets held and on a daily reckoning. These assets, as the name suggests, are chosen from a tech-focused index, and it's called The Technology Select Sector Index (IXTTR) from S&P Global. What Do We Know About TECL? TECL and its inverse peer, the Direxion Daily Technology Bear 3X Shares ETF (TECS), are just two among dozens and doze ...