FLOT vs TECS
iShares Floating Rate Bond ETF vs Direxion Daily Technology Bear 3X ETF
FLOT$50.90
iShares Floating Rate Bond ETF
Investment-grade floating rate corporate bonds.
Expense: 0.15%Yield: 4.27%
TECS$65.18
Direxion Daily Technology Bear 3X ETF
3x inverse daily performance of the S&P tech sector.
Expense: 1.01%Yield: 5.65%
Quick take
- • FLOT has the lower expense ratio at 0.15% vs 1.01% for TECS.
- • TECS pays a higher dividend yield (5.65%).
Side-by-side metrics
| Metric | FLOT | TECS |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 0.15% | 1.01% |
Dividend yield Trailing 12-month yield. | 4.27% | 5.65% |
AUM Assets under management — bigger funds are typically more liquid. | $11.66B | $83M |
YTD return | 3.55% | -57.61% |
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. | 0.00 | -3.66 |
P/E ratio | — | — |
Last price | $50.90 | $65.18 |
Inception | — | — |
Issuer | iShares | Direxion |
FLOT top holdings
Top holdings · FLOT
| XTSLA | BlackRock Cash Funds Treasury SL Agency | 1.07% |
TECS top holdings
Holdings data unavailable for TECS.
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 TECS
TECS (Direxion Daily Technology Bear 3X ETF) is 3x inverse daily performance of the S&P tech sector. Managed by Direxion, the fund carries $83M in assets under management, an expense ratio of 1.01%, a dividend yield of 5.65%.