TZA Direxion Daily Small Cap Bear 3X Shares

*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%

TZA Portfolio Data

3.62%
N/A

TZA Index Data

Russell 2000 Index
Market Cap
Market Cap
N/A

TZA Fund Structure

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

TZA Tax Exposures

20.00% / 39.60%
--
No

TZA Factset Analytics Block Liquidity

As of 10/05/22
5
4
3
2
1

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
5

Options Strategies for Outcome Investing

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