Direxion Daily Small Cap Bear 3X Shares (TZA)

9.71
Delayed Data
As of May 18
 -0.03 / -0.31%
Today’s Change
9.63
Today|||52-Week Range
18.89
-20.86%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 300% of the inverse (or opposite) of the daily performance of the Russell 2000- Index. The fund invests in swap agreements- futures contracts- short positions or other financial instruments that- in combination- provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of approximately 2-000 small-capitalization companies in the Russell 3000- Index- based on a combination of their market capitalization and current index membership. It is non-diversified.

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

Performance

1 month-7.95% 3 years-37.15%
3 months-17.51% 5 years-39.81%
1 year-47.70% Since inception-54.28%
Data through 05/19/2018

Quote Details

Previous close$9.74
Open day’s range9.63 – 9.78
Net asset value (NAV)9.72 (05/18/2018)
Daily volume7,807,091
Average volume (3 months)10,240,744
Data as of 6:30pm ET, 05/18/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 TZACategory
Performance 5-yr return-39.81%-29.79%
Expense Gross exp ratio1.12%1.94%
Risk 5 year sharpe ratio-1.07--
Net assets$382.9M$3.4M
Average market cap--$14.8B
Average P/E--16.1
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

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