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 creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; 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 index measures the performance of the small-cap segment of the U.S. equity universe. The fund is non-diversified.
Latest TZA News
No recent news for Direxion Daily Small Cap Bear 3X Shares.
|1 month||-2.93%|| ||3 years||-33.14%|
|3 months||-29.66%|| ||5 years||-40.65%|
|1 year||+0.72%|| ||Since inception||-55.06%|
|Open day’s range||41.45 – 42.83|
|Net asset value (NAV)||42.14 (05/04/2016)|
|Average volume (3 months)||4,337,292|
Data as of 3:59pm ET, 05/05/2016
Peer Comparisonvs. Trading--inverse equity ETFs
|Performance 5-yr return||-40.65%||-30.54%|
|Expense Gross exp ratio||1.01%||0.94%|
|Risk 5 year sharpe ratio||-0.83||--|
|Average market cap||--||--|
|Dividend / Share||--||0.35%|
|TOTS Direxion Daily Total Market Bear 1X Shar...|
|SH ProShares Short S&P500|
|SDS ProShares UltraShort S&P500|
Top 5 Sectors
Top 10 Holdings