Market Tracker

10/31 4:43pm ET

Direxion Daily Small Cap Bear 3X Shares (TZA)

During the Trading Day
13.60 -0.59 / -4.16%
Data as of 4:00pm ET
Day’s Change
During After-Hours   Switch to standard view »
13.58 -0.02 / -0.15%
 
Volume: 53.6K

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.

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

Performance

1 month-16.09% 3 years-49.96%
3 months-8.45% 5 years-55.97%
1 year-30.61% Since inception-61.40%
Data through 10/31/2014

Quote Details

Previous close$14.19
Open day’s range13.40 – 13.81
Net asset value (NAV)14.19 (10/30/2014)
Daily volume22,839,386
Average volume (3 months)19,883,110
Data as of 4:00pm ET, 10/31/2014

Peer Comparisonvs. Trading-inverse equity ETFs

 TZACategory
Performance 5-yr return-55.97%-31.30%
Expense Gross exp ratio1.07%0.96%
Risk 5 year sharpe ratio-1.20-1.08
Net assets$814.1M$134.7M
Average market cap--$64.8B
Average P/E--18.6
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.