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.
Latest TZA News
No recent news for Direxion Daily Small Cap Bear 3X Shares.
|1 month||-3.32%|| ||3 years||-49.02%|
|3 months||-5.23%|| ||5 years||-54.68%|
|1 year||-28.87%|| ||Since inception||-59.95%|
|Open day’s range||9.54 – 9.90|
|Net asset value (NAV)||9.61 (07/01/2015)|
|Average volume (3 months)||14,665,907|
Data as of 3:59pm ET, 07/02/2015
Peer Comparisonvs. Trading-inverse equity ETFs
|Performance 5-yr return||-54.68%||-30.54%|
|Expense Gross exp ratio||1.05%||0.95%|
|Risk 5 year sharpe ratio||-1.28||--|
|Average market cap||--||--|
|Dividend / Share||--||0.35%|
|SDS ProShares UltraShort S&P500|
|SH ProShares Short S&P500|
|SPXU ProShares UltraPro Short S&P500|
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