(TZA) Direxion Daily Small Cap Bear 3X Shares Stock Price, Quote & News

Popular TZA Comparisons: TZA vs SRTY, TZA vs SQQQ, TZA vs SH, TZA vs PSQ, TZA vs SPXU

Related ETF Channels: Vanilla, Inverse, Size and Style, North America, Broad-based, Russell 2000 Index, U.S., Equity, Small Cap

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*Unless otherwise stated, data provided by FactSet.

TZA Fund Description

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

TZA Factset Analytics Insight

TZA offers (-3x) daily inverse exposure to US small-cap companies as defined by the Russell 2000. The underlying index specifically contains the 1001st through the 3000th securities pulled from the Russell 3000 index, which covers approximately 10% of its total market capitalization. The fund may invest in securities across various sectors and industry groups without any bias. Selected securities are then weighted by market-cap. The fund uses ETF and index swaps to get its inverse exposure. As a geared product with daily resets, TZA is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.

PERFORMANCE [as of 10/04/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

TZA 0.67% -17.03% 38.24% 24.10% -54.23% -40.83% -42.27%

TZA (NAV) 0.70% -16.88% 38.51% 23.69% -54.22% -40.83% -42.28%

Russell 2000 Index -- -- -- -- -- -- --

N/A -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TZA Summary Data

Direxion

11/05/08

Open-Ended Fund

1.00%

$509.44M

0.03%

SRTY

Fund Home Page

TZA Portfolio Data

3.62%

N/A

TZA Index Data

Russell 2000 Index

Market Cap

N/A

TZA Fund Structure

Yes

-- / --

N/A

Low

-3

Leverage Reset Frequency Daily

TZA Tax Exposures

20.00% / 39.60%

TZA Factset Analytics Block Liquidity

As of 10/05/22

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

TZA Tradability

9,773,688

$338.12M

9,666,068

$318.61M

0.03%

$0.01

-0.03%

6.40% / -2.15%

None

99.86%

50,000

193.32

0.00%

87,607

$37.41

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

Collar Strategy
Protection Strategy
Covered Call Strategy
Income Strategy

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.

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TZA Direxion Daily Small Cap Bear 3X Shares