TNA

Direxion Daily Small Cap Bull 3x Shares
*Unless otherwise stated, data provided by FactSet.

TNA Fund Description

TNA provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies.

TNA Factset Analytics Insight

As a levered product, TNA is not a buy-and-hold ETF; it’s a short-term tactical instrument. Like many levered funds, it delivers its headline 3x exposure for only one day at a time. TNA offers 3x levered exposure to nearly 2000 companies that span mid-, small- and micro-cap territory: the Russell 2000. As a short-term instrument, trading costs account for most of the expense associated with using this ETF. Fortunately, TNA is ultra-liquid: Daily volume is extremely strong and spreads are tight despite the 3x multiple. TNA’s liquidity makes it a top choice for traders well versed in the risks and rewards of levered ETPs.

TNA MSCI ESG Analytics Insight

Direxion Daily Small Cap Bull 3x Shares has an MSCI ESG Fund Rating of BBB based on a score of 4.99 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily Small Cap Bull 3x Shares ranks in the 31st percentile within its peer group and in the 27th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

TNA Charts And Performance

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PERFORMANCE [as of 08/13/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TNA 40.95% 94.41% -50.45% -35.28% -10.84% -1.81% 15.34%
TNA (NAV) 41.12% 93.93% -50.52% -35.24% -10.87% -1.81% 15.38%
Russell 2000 Index -- -- -- -- -- -- 15.38%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TNA Summary Data

Direxion
11/05/08
Open-Ended Fund
1.12%
$1.04B
0.04%

TNA Portfolio Data

0.45%
09/22/20

TNA Index Data

Russell 2000 Index
Market Cap
Market Cap
N/A

TNA Fund Structure

Yes
Yes
No Policy
N/A
N/A
Low
3
Daily

TNA Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

TNA Factset Analytics Block Liquidity

As of 08/14/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TNA. TNA is rated a 5 out of 5.

TNA Tradability

22,755,708
$637.66M
22,388,216
$629.39M
0.04%
$0.01
-0.01%
7.00% / -3.85%
None
0.00%
50,000
447.76
0.01%
--
327,777
$35.67
5

TNA MSCI ESG Ratings

4.99 / 10
27.07
31.12
1.36%
2.22%
93.28

Options Strategies for Outcome Investing

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