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.
  • TECL pays a higher dividend yield (5.71%).

Side-by-side metrics

MetricFLOTTECL
Expense ratio
Annual fee. Lower is better.
0.15%0.87%
Dividend yield
Trailing 12-month yield.
4.66%5.71%
AUM
Assets under management — bigger funds are typically more liquid.
$9.28B$4.77B
YTD return
1.41%49.99%
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.
-0.014.36
P/E ratio
41.79
Last price
$50.87$174.84
Inception
Issuer
iSharesDirexion

FLOT top holdings

Holdings data unavailable for FLOT.

TECL top holdings

Top holdings · TECL
NVDANVIDIA Corp10.05%
AAPLApple Inc8.25%
MSFTMicrosoft Corp6.27%
AVGOBroadcom Inc4.10%
Sector breakdown · TECL
Technology99.1%
Communication Services0.9%

About FLOT

FLOT (iShares Floating Rate Bond ETF) is Investment-grade floating rate corporate bonds. Managed by iShares, the fund carries $9.3B in assets under management, an expense ratio of 0.15%, a dividend yield of 4.66%.

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 $4.8B in assets under management, an expense ratio of 0.87%, a dividend yield of 5.71%. Its largest holding is NVIDIA Corp (NVDA), which represents 10.0% of the portfolio. Technology is the fund's largest sector exposure at 99.1%.