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 financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000 ® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.
Latest TZA News
No recent news for Direxion Daily Small Cap Bear 3X Shares.
|1 month||+18.61%|| ||3 years||-52.13%|
|3 months||-3.55%|| ||5 years||-55.85%|
|1 year||-35.07%|| ||Since inception||-61.95%|
|Open day’s range||-- – --|
|Net asset value (NAV)||16.57 (07/31/2014)|
|Average volume (3 months)||21,107,447|
Peer Comparisonvs. Trading-inverse equity ETFs
|Performance 5-yr return||-55.85%||-35.97%|
|Expense Gross exp ratio||1.07%||0.96%|
|Risk 5 year sharpe ratio||-1.56||-1.31|
|Average market cap||--||$63.2B|
|Dividend / Share||--||0.38%|
|SH ProShares Short S&P500|
|SDS ProShares UltraShort S&P500|
|SPXU ProShares UltraPro Short S&P500|
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