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||-3.13%|| ||3 years||-50.67%|
|3 months||-21.89%|| ||5 years||-50.53%|
|1 year||-41.28%|| ||Since inception||-61.01%|
|Open day’s range||9.57 – 9.74|
|Net asset value (NAV)||9.60 (04/23/2015)|
|Average volume (3 months)||12,509,630|
Data as of 4:00pm ET, 04/24/2015
Peer Comparisonvs. Trading-inverse equity ETFs
|Performance 5-yr return||-50.53%||-30.54%|
|Expense Gross exp ratio||1.05%||0.95%|
|Risk 5 year sharpe ratio||-1.26||--|
|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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