Direxion Daily Small Cap Bull 3x Shares (TNA)
| Assets | $2.25B |
| Expense Ratio | 1.08% |
| PE Ratio | 19.12 |
| Shares Out | 47.65M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 0.88% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 16.84% |
| 1-Year Return | +72.41% |
| Volume | 12,530,824 |
| Open | 48.42 |
| Previous Close | 48.70 |
| Day's Range | 47.03 - 48.83 |
| 52-Week Low | 27.65 |
| 52-Week High | 56.77 |
| Beta | 3.39 |
| Holdings | 12 |
| Inception Date | Nov 5, 2008 |
About TNA
Fund Home PageThe Direxion Daily Small Cap Bull 3x Shares (TNA) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. TNA was launched on Nov 5, 2008 and is issued by Direxion.
Top 10 Holdings
328.35% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Russell 2000 ETF | IWM | 68.79% |
| RUSS 2000 INDX SMALL SWAP | n/a | 43.22% |
| RUSS 2000 INDX SMALL SWAP | n/a | 41.23% |
| RUSS 2000 INDX SMALL SWAP | n/a | 39.82% |
| RUSS 2000 INDX SMALL SWAP | n/a | 37.98% |
| RUSS 2000 INDX SMALL SWAP | n/a | 35.03% |
| RUSS 2000 INDX SMALL SWAP | n/a | 28.41% |
| DREYFUS GOVT CASH MAN INS | n/a | 14.80% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 13.55% |
| RUSSELL 2000 INDEX SWAP | n/a | 5.51% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.033 | Oct 1, 2024 |
| Jun 25, 2024 | $0.153 | Jul 2, 2024 |
| Mar 19, 2024 | $0.026 | Mar 26, 2024 |
| Dec 21, 2023 | $0.218 | Dec 29, 2023 |
| Sep 19, 2023 | $0.017 | Sep 26, 2023 |
| Jun 21, 2023 | $0.228 | Jun 28, 2023 |
News
Small-Caps Having Their Own Post-Election Moment
The prime indicator of small-cap performance, the Russell 2000, is up almost 9% the past five days. As such, small-cap equities are having their own post-election rally and it could sustain itself thr...
TNA: Small Caps Set To Benefit From Fed Tailwinds In Q4 2024
The Direxion Daily Small Cap Bull 3X Shares ETF (TNA) seeks to deliver 300% of the daily performance of the Russell 2000 index. Russell 2000 companies issue more floating rate debt relative to S&P 500...
As Rate-Cutting Cycle Begins, Consider Trading Midcaps
With large-caps getting most of 2024's attention, traders may be overlooking one area that could offer opportunities. In the Fed's rate-cutting cycle, traders may also want to pay attention to midcaps...
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Inve...
EXCLUSIVE: Are Small-Cap Stocks Ready For A Rebound? Leveraged ETF Data Signals A Bullish Trend, Says Expert
As investors navigate an unpredictable market landscape, small-cap stocks might be on the brink of a resurgence. With the Federal Reserve signaling potential rate cuts, the conditions could soon favor...
TNA: It Might Be Time To Invest In Small-Caps
Small-caps historically outperform large caps due to growth potential and margin expansion. The Magnificent 7 have attracted capital flows to large companies, leaving smaller ones forgotten. Small-cap...
Proposed Stricter Nasdaq Delisting Process Could Put Spotlight On Direxion Small Cap Bull And Bear 3X ETFs
Nasdaq NDAQ made waves Thursday when it proposed tighter delisting processes for companies that fall out of compliance with listing standards. Targeting so-called penny stocks, the new standard may le...
TNA: The Trade Won't Be Small When It Comes
Small caps may outperform large caps in the next bull trade, making the Direxion Daily Small Cap Bull 3X Shares ETF a potential option for exposure. TNA achieves 3x daily leverage through swaps, but i...
TNA: Be Careful Should Small Caps Fail To Break Out
Small-cap stocks are gaining interest as the iShares Russell 2000 ETF breaks out of a basing pattern. Direxion Daily Small Cap Bull 3X Shares ETF can leverage an IWM rally by a factor of three. TNA cu...
Buy Rating On TNA For The Coming Small Cap Breakout
Small caps have been the best-performing group among major indices recently, signaling a potential end to years of underperformance. The Direxion Daily Small Cap Bull 3X Shares ETF offers leveraged ex...
TNA And TZA: Shorting Both Produces An Attractive Pairs Trade
Shorting both TNA and TZA would have produced an annual net return of about 16% over the last year. Risks include mechanical problems, changes in the volatility of the Russell 2000 smallcap index, cha...
Direxion Daily Small Cap Bull 3x Shares ETF: Don't Do Like Sam
Direxion Daily provides a positive upside with its Direxion Daily Small Cap Bull 3x Shares ETF. The leveraged bullish fund attempts to replicate Russell 2000 price action on steroids.
TNA ETF: The Small Cap Trade Has Become Too Risky
The Direxion Daily Small Cap Bull 3x ETF could be a good tool to bet on the outperformance of small-cap stocks ahead of economic recoveries. The problem is that the macroeconomic setup today is too un...
TNA ETF: Time To Bet On The Losers Again
Small cap stocks have been a disappointment during this year of recovery from the COVID-19 crisis. But two factors make me think that now could be the time to bet on the underdog again: (1) market myo...
Best And Worst Q1 2021: Large Cap Blend ETFs And Mutual Funds
The Large Cap Blend style ranks second in Q1'21. Based on an aggregation of ratings of 61 ETFs and 660 mutual funds in the Large Cap Blend style.
Santa Claus Rally, January Effect Put This Leveraged Small-Cap ETF On Early 2021 Shopping List
With just a few trading days left in 2020, it's fair to say investors are hearing plenty about the strength of small-cap stocks to close out the year. What Happened Over the past month, the widely fol...
Too Fast, Too Furious: A Correction Is Coming Due In Russell 2000 And Why TNA Will Underperform
Russell 2000 (IWM) erupted to all-time highs and has handily outperformed large-cap indices in the past 3 months. Direxion Russell 2000 3x Bull ETF (TNA) jumped 100+% during the recent melt-up, but wi...