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||+11.77%|| ||3 years||-52.08%|
|3 months||+10.10%|| ||5 years||-52.22%|
|1 year||-15.58%|| ||Since inception||-60.43%|
|Open day’s range||16.06 – 16.79|
|Net asset value (NAV)||16.90 (10/20/2014)|
|Average volume (3 months)||19,510,792|
Data as of 3:59pm ET, 10/21/2014
Peer Comparisonvs. Trading-inverse equity ETFs
|Performance 5-yr return||-52.22%||-31.30%|
|Expense Gross exp ratio||1.07%||0.96%|
|Risk 5 year sharpe ratio||-1.20||-1.08|
|Average market cap||--||$64.8B|
|Dividend / Share||--||0.38%|
|SH ProShares Short S&P500|
|SDS ProShares UltraShort S&P500|
|SPXU ProShares UltraPro Short S&P500|
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