Market Tracker

07/23 6:05pm ET

Direxion Daily Small Cap Bear 3X Shares (TZA)

During the Trading Day
15.09 -0.07 / -0.46%
Data as of 4:00pm ET
Day’s Change
During After-Hours   Switch to standard view »
15.08 -0.01 / -0.07%
 
Volume: 382.7K

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.

Performance

1 month+6.77% 3 years-51.05%
3 months-5.31% 5 years-58.06%
1 year-39.42% Since inception-62.70%
Data through 07/23/2014

Quote Details

Previous close$15.16
Open day’s range14.88 – 15.24
Net asset value (NAV)15.15 (07/22/2014)
Daily volume15,944,299
Average volume (3 months)21,866,685
Data as of 4:00pm ET, 07/23/2014

Peer Comparisonvs. Trading-inverse equity ETFs

 TZACategory
Performance 5-yr return-58.06%-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.