Market Tracker

12/22 6:05pm ET

Direxion Daily Small Cap Bear 3X Shares (TZA)

During the Trading Day
12.16 -0.22 / -1.78%
Data as of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
12.17 +0.01 / +0.08%
 
Volume: 97.6K

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-11.92% 3 years-53.58%
3 months-18.39% 5 years-54.54%
1 year-34.57% Since inception-61.46%
Data through 12/20/2014

Quote Details

Previous close$12.38
Open day’s range12.15 – 12.42
Net asset value (NAV)12.34 (12/19/2014)
Daily volume9,860,943
Average volume (3 months)20,208,396
Data as of 3:59pm ET, 12/22/2014

Peer Comparisonvs. Trading-inverse equity ETFs

 TZACategory
Performance 5-yr return-54.54%-31.30%
Expense Gross exp ratio1.07%0.96%
Risk 5 year sharpe ratio-1.33-1.11
Net assets$808.9M$114.8M
Average market cap----
Average P/E----
Dividend / Share--0.38%

Competitors

SDS ProShares UltraShort S&P500
SH ProShares Short 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.