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 (4.27%).

Side-by-side metrics

MetricFLOTTECL
Expense ratio
Annual fee. Lower is better.
0.15%0.87%
Dividend yield
Trailing 12-month yield.
4.27%0.17%
AUM
Assets under management — bigger funds are typically more liquid.
$11.66B$5.07B
YTD return
3.55%23.12%
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.
0.004.94
P/E ratio
—26.32
Last price
$50.90$156.80
Inception
——
Issuer
iSharesDirexion

FLOT top holdings

Top holdings · FLOT
XTSLABlackRock Cash Funds Treasury SL Agency1.07%

TECL top holdings

Top holdings · TECL
AAPLApple Inc3.54%
NVDANVIDIA Corp3.48%
MSFTMicrosoft Corp2.73%
Sector breakdown · TECL
Technology100.0%

About FLOT

FLOT (iShares Floating Rate Bond ETF) is Investment-grade floating rate corporate bonds. Managed by iShares, the fund carries $11.7B in assets under management, an expense ratio of 0.15%, a dividend yield of 4.27%. Its largest holding is BlackRock Cash Funds Treasury SL Agency (XTSLA), which represents 1.1% 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 $5.1B in assets under management, an expense ratio of 0.87%, a dividend yield of 0.17%. Its largest holding is Apple Inc (AAPL), which represents 3.5% of the portfolio. Technology is the fund's largest sector exposure at 100.0%.