TECZTrade and Economic Cooperation Zone (China)
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Conversely, to protect a portfolio that's long, a trader can consider Daily Technology Bear 3x Shares (TECS), and a longer term hedge Daily Technology Bear 1x Shares (TECZ)--an inverse fund priced at 45 bps.
The Direxion Daily Financial Bear 1X Shares (FAZZ) and Direxion Daily Technology Bear 1X Shares (TECZ) seek the same for the Financials Select Sector Index and Technology Select Sector Index, respectively.