Direxion Daily Technology Bear 3x Shares

Overview

Overview

This leveraged ETF seeks a return that is -300% the return of its benchmark index for a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.

Key Benefits

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion Shares is with you. Our leveraged ETFs are powerful tools built to help you:

• Magnify your short-term perspective with daily 3x leverage
• Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
• Stay agile – with liquidity to trade through rapidly changing markets

Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. Leverage ETFs are not designed to track the underlying index over periods longer than one trading day.

Target Index

Target Index

The Index is provided by Standard & Poor’s includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & semiconductor equipment; internet software & services; IT services; electronic equipment, instruments & components; wireless telecommunication services; and office electronics.

The Index is one of nine Select Sector Indexes developed and maintained in accordance with the following criteria:

• Each of the component securities in the Index is a constituent company of the S&P 500 Index;
• Each stock in the S&P 500 Index is allocated to one and only one of the Select Sector Indexes; 
• The Index is calculated by the “Index Provider” using a modified “market capitalization” methodology, which is a hybrid between equal weighting and conventional capitalization weighting with the weighting capped for the largest stocks included in the Index.

This design ensures that each of the component stocks within a Select Sector Index is represented in a proportion consistent with its percentage with respect to the total market capitalization of such Select Sector Index. One cannot invest directly in an Index.

Data as of 03/31/2013 is subject to change at any time.

Fund Literature

Fund Literature

Download fund literature and regulatory documents

• Fact Sheet (pdf)
• Leveraged and Inverse ETF Guide (pdf)
• Regulatory Documents (including Prospectus, SAI, Semi-Annual Report, Annual Report)

Related Materials

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• Subscribe to the Alternative Insights e-newsletter

Daily Holdings

Daily Holdings
Click to view the Daily Holdings (csv)

Regulatory Documents

Regulatory Documents

Download regulatory documents, forms, and files.

• Summary Prospectus
• Prospectus
• Statement of Additional Information (SAI)
• Annual Report
• Semi-Annual Report
• Form 8937 – Report of Organizational Actions
• XBRL File

Related Products

Related Products

• Direxion Daily Technology Bull 3x Shares