Market Tracker

10/23 5:51am ET

Direxion Daily Small Cap Bear 3X Shares (TZA)

Wednesday’s Trading Day
16.77 +0.67 / +4.16%
Data as of Oct 22
Day’s Change
Thursday’s Pre-Market   Switch to standard view »
16.49 -0.28 / -1.67%
 
Volume: 8.5K

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+5.95% 3 years-51.06%
3 months+10.56% 5 years-52.28%
1 year-16.08% Since inception-60.45%
Data through 10/23/2014

Quote Details

Previous close$16.10
Open day’s range-- – --
Net asset value (NAV)16.75 (10/22/2014)
Daily volume23,842,860
Average volume (3 months)19,703,183
Data as of 10/22/2014

Peer Comparisonvs. Trading-inverse equity ETFs

 TZACategory
Performance 5-yr return-52.28%-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.