Direxion Daily Small Cap Bear 3X Shares (TZA)

During the Trading Day
9.79 +0.21 / +2.19%
As of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
9.75 -0.04 / -0.41%
 
Volume: 22.4K

Investment Objective

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000 ® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the Russell 2000 ® Index. The fund is non-diversified.

No recent news for Direxion Daily Small Cap Bear 3X Shares.

Performance

1 month-3.32% 3 years-49.02%
3 months-5.23% 5 years-54.68%
1 year-28.87% Since inception-59.95%
Data through 07/02/2015

Quote Details

Previous close$9.58
Open day’s range9.54 – 9.90
Net asset value (NAV)9.61 (07/01/2015)
Daily volume8,903,717
Average volume (3 months)14,665,907
Data as of 3:59pm ET, 07/02/2015

Peer Comparisonvs. Trading-inverse equity ETFs

 TZACategory
Performance 5-yr return-54.68%-30.54%
Expense Gross exp ratio1.05%0.95%
Risk 5 year sharpe ratio-1.28--
Net assets$641.3M$126.4M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SDS ProShares UltraShort S&P500
SH ProShares Short S&P500
SPXU ProShares UltraPro Short S&P500

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

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