Direxion Daily Small Cap Bear 3X Shares (TZA)

15.76
Real-Time Quote
 +0.15 / +0.96%
Today’s Change
13.21
Today|||52-Week Range
27.86
-7.13%
Year-to-Date

Investment Objective

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.

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

Performance

1 month+8.49% 3 years-51.18%
3 months-10.30% 5 years-56.82%
1 year-37.44% Since inception-62.46%
Data through 07/26/2014

Quote Details

Previous close$15.61
Open day’s range15.47 – 16.15
Net asset value (NAV)15.59 (07/25/2014)
Daily volume17,127,879
Average volume (3 months)21,301,167
Data as of 3:48pm ET, 07/28/2014

Peer Comparisonvs. Trading-inverse equity ETFs

 TZACategory
Performance 5-yr return-56.82%-35.97%
Expense Gross exp ratio1.07%0.96%
Risk 5 year sharpe ratio-1.56-1.31
Net assets$845.7M$124.5M
Average market cap--$63.2B
Average P/E--18.8
Dividend / Share--0.38%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
SPXU ProShares UltraPro Short S&P500

Holdings

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

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