Direxion Daily Small Cap Bull 3x Shares (TNA)
| Assets | $2.18B |
| Expense Ratio | 1.03% |
| PE Ratio | n/a |
| Shares Out | 59.45M |
| Dividend (ttm) | $0.46 |
| Dividend Yield | 1.28% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 12,791,262 |
| Open | 35.67 |
| Previous Close | 35.30 |
| Day's Range | 35.57 - 36.50 |
| 52-Week Low | 18.01 |
| 52-Week High | 58.00 |
| Beta | 3.34 |
| 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
108.69% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Russell 2000 ETF | IWM | 64.19% |
| Dreyfus Govt Cash Man Ins | n/a | 19.46% |
| Goldman Sachs Sterling FixInc Port Inc | n/a | 13.76% |
| Russ 2000 Indx Small Swap | n/a | 13.53% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 1.42% |
| Ubs Collateral | n/a | 0.05% |
| Russell 2000 Index Swap | n/a | -0.27% |
| Jpm Collateral | n/a | -0.87% |
| Cash | n/a | -1.10% |
| Russ 2000 Indx Small Swap | n/a | -1.49% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.14961 | Jul 1, 2025 |
| Mar 25, 2025 | $0.10328 | Apr 1, 2025 |
| Dec 23, 2024 | $0.17574 | Dec 31, 2024 |
| Sep 24, 2024 | $0.03328 | Oct 1, 2024 |
| Jun 25, 2024 | $0.15286 | Jul 2, 2024 |
| Mar 19, 2024 | $0.02643 | Mar 26, 2024 |
Performance
TNA had a total return of 2.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.99%.
News
TNA: Tariff Policy May Overshadow Rate Policy For Small-Caps
TNA offers 3x daily exposure to the Russell 2000, making it suitable for active traders but not for long-term investors. Small-cap stocks may struggle in an inflationary environment, even if interest ...
2 Small-Cap ETFs to Add to the Trader Toolbox
With the S&P 500 back in positive territory after April's tariff tantrum, small-caps have yet to catch up. When the uptrend starts or stalls, Direxion Investments has a pair of leveraged/inverse funds...
TNA: Buy For Big Gains On Small Caps
Direxion Daily Small Cap Bull 3X Shares (TNA) is a triple leveraged ETF tracking the Russell 2000, aiming for 300% of daily benchmark movement. Despite long-term bullishness on the Russell 2000, curre...
TNA: Small Caps Remain Cheap At The Start Of 2025
The Direxion Daily Small Cap Bull 3X Shares ETF seeks to deliver 300% (3x) the return of the Russell 2000 index. Russell 2000 components currently trade at a trailing earnings yield of roughly 6.2%, w...
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...
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...