FLOT vs TECL

iShares Floating Rate Bond ETF vs Direxion Daily Technology Bull 3X ETF

Quick take
  • FLOT has the lower expense ratio at 0.15% vs 0.87% for TECL.
  • FLOT pays a higher dividend yield (4.53%).

Side-by-side metrics

MetricFLOTTECL
Expense ratio
Annual fee. Lower is better.
0.15%0.87%
Dividend yield
Trailing 12-month yield.
4.53%3.62%
AUM
Assets under management — bigger funds are typically more liquid.
$9.97B$6.67B
YTD return
2.25%68.28%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.004.86
P/E ratio
31.97
Last price
$50.97$209.97
Inception
Issuer
iSharesDirexion

FLOT top holdings

Top holdings · FLOT
XTSLABlackRock Cash Funds Treasury SL Agency1.94%

TECL top holdings

Top holdings · TECL
NVDANVIDIA Corp9.37%
AAPLApple Inc8.22%
MSFTMicrosoft Corp5.36%
MUMicron Technology Inc3.47%
Sector breakdown · TECL
Technology99.2%
Communication Services0.8%

About FLOT

FLOT (iShares Floating Rate Bond ETF) is Investment-grade floating rate corporate bonds. Managed by iShares, the fund carries $10.0B in assets under management, an expense ratio of 0.15%, a dividend yield of 4.53%. Its largest holding is BlackRock Cash Funds Treasury SL Agency (XTSLA), which represents 1.9% of the portfolio.

About TECL

TECL (Direxion Daily Technology Bull 3X ETF) is 3x daily performance of the S&P tech sector. Managed by Direxion, the fund carries $6.7B in assets under management, an expense ratio of 0.87%, a dividend yield of 3.62%. Its largest holding is NVIDIA Corp (NVDA), which represents 9.4% of the portfolio. Technology is the fund's largest sector exposure at 99.2%.