Name of ETF: Direxion Technology Bull 3X Shares
Benchmark Index: S&P Technology Select Sector Index
Ticker Symbol: TECL
Approximate Number of Stocks in this ETF: 70
Types of Stocks Included in this ETF: Large and mid-sized publicly traded companies in the technology sector.
Daily Target: 3x
Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking results equal to 300% of the benchmark index performance.