TQQQ VS TECS: A Comprehensive Comparison of ETFs
3 min read
By Ron Koren, ETF Insider

TQQQ VS TECS: A Comprehensive Comparison of ETFs

Exchange-Traded Funds (ETFs) have transformed the investment landscape, offering diversified exposure to various sectors and asset classes. In this article, we will conduct an in-depth comparison between two prominent ETFs: TQQQ (ProShares UltraPro QQQ) and TECS (Direxion Daily Technology Bear 3X Shares). We will delve into essential aspects, including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

TQQQ VS TECS: Overview

TQQQ and TECS represent two distinct strategies within the technology sector. TQQQ seeks to provide triple the daily returns of the NASDAQ-100 Index, making it appealing to bullish investors. On the other hand, TECS aims to achieve triple the inverse daily performance of the same index, catering to those with a bearish outlook on technology stocks.

TQQQ VS TECS: Sectors and Top Holdings

TQQQ is heavily invested in leading technology companies, including Apple, Microsoft, Amazon, and Tesla. In contrast, TECS holds positions in sectors that are negatively correlated with technology, such as financials and utilities. Understanding these sectors and top holdings is crucial for investors seeking to align their portfolios with their market views.

TQQQ overlap TQQQ VS TECS: A Comprehensive Comparison of ETFsTQQQ overlap TQQQ VS TECS: A Comprehensive Comparison of ETFs

TQQQ VS TECS: Capitalization and Strategy

TQQQ boasts a significant Asset Under Management (AUM), reflecting its popularity among investors seeking leveraged exposure to tech giants. The ETF's strategy revolves around magnifying the returns of the NASDAQ-100 Index constituents. TECS, on the other hand, capitalizes on providing inverse leveraged exposure, enabling investors to profit from potential declines in technology stocks.

TQQQ VS TECS: Tracking and Exposure

TQQQ achieves its triple exposure through the use of derivatives and financial instruments that aim to replicate the daily returns of the NASDAQ-100 Index. TECS employs a similar methodology but with an inverse goal, using derivatives to achieve triple inverse exposure to the same index. Investors should carefully consider the tracking methods and exposure objectives of these ETFs.

Conclusion

TQQQ and TECS offer unique opportunities for investors to capitalize on their market views within the technology sector. Aspiring to gain insights into the holdings, correlations, overlaps, and other aspects of these ETFs, ETF Insider presents an invaluable tool. With a user-friendly app, investors can access comprehensive details about these and other financial instruments.

Disclaimer: This article does not provide any investment advisory services.

TQQQ ETF issuer
TQQQ ETF official page

TECS quote and analysis

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