Direxion Daily Small Cap Bear 3x Shares (TZA)
| Assets | $358.20M |
| Expense Ratio | 1.04% |
| PE Ratio | n/a |
| Shares Out | 29.12M |
| Dividend (ttm) | $0.73 |
| Dividend Yield | 6.27% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -60.38% |
| Volume | 33,879,172 |
| Open | 11.70 |
| Previous Close | 11.63 |
| Day's Range | 11.59 - 12.02 |
| 52-Week Low | 10.02 |
| 52-Week High | 29.89 |
| Beta | -2.97 |
| Holdings | 11 |
| Inception Date | Nov 5, 2008 |
About TZA
Fund Home PageThe Direxion Daily Small Cap Bear 3x Shares (TZA) 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. TZA was launched on Nov 5, 2008 and is issued by Direxion.
Top 10 Holdings
-115.45% of assets| Name | Symbol | Weight |
|---|---|---|
| DREYFUS GOVT CASH MAN INS | n/a | 61.80% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 30.72% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | n/a | 17.12% |
| DREYFUS TRSRY SECURITIES CASH MGMT | n/a | 8.36% |
| RUSS 2000 INDX SMALL SWAP | n/a | -8.17% |
| RUSSELL 2000 INDEX SWAP | n/a | -35.01% |
| RUSS 2000 INDX SMALL SWAP | n/a | -36.87% |
| RUSS 2000 INDX SMALL SWAP | n/a | -38.73% |
| RUSS 2000 INDX SMALL SWAP | n/a | -48.56% |
| RUSS 2000 INDX SMALL SWAP | n/a | -66.13% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.147 | Oct 1, 2024 |
| Jun 25, 2024 | $0.233 | Jul 2, 2024 |
| Mar 19, 2024 | $0.236 | Mar 26, 2024 |
| Dec 21, 2023 | $0.111 | Dec 29, 2023 |
| Sep 19, 2023 | $0.288 | Sep 26, 2023 |
| Jun 21, 2023 | $0.236 | 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...
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 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...
TZA: Tempting To Time, But Avoid It
Shorting the stock market carries substantial risks and requires perfect timing, making it difficult for traders to profit. Direxion Daily Small Cap Bear 3X Shares ETF is a leveraged ETF that aims to ...
June MDA Breakout Stocks/ETFs Week 26 - 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 26 with better than 10% short-term upside, ETF updates and two Dow 30 Picks. Average cumulative returns for 2023 are down to +101.9% YTD. Last week was the worst week ...
Direxion Daily Small Cap Bear 3X Shares: My Hard Lessons
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MDA Breakout Stocks/ETFs Week 13 - March 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 13 with better than 10% short-term upside and a Dow 30 Pick. Average cumulative returns for 2023 are +47.4% YTD. The Momentum Gauges® continue negative in bear funds f...
MDA Breakout Stocks/ETFs Week 12 - March 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 12 with better than 10% short-term upside with ETFs and a Dow 30 Pick. Average cumulative returns for 2023 are +37.3% YTD. The Momentum Gauges® continue negative in be...
Direxion Daily Small Cap Bear 3X Shares: Shorting The Market While Going Long
Direxion's tactical trading 3x levered ETF allows traders to position in risk off environments. The ETF provides risk off exposure to a range of small caps in financials, health care, industrials & co...
TZA: The Time To Short Small-Caps Has Passed For Now
Small-cap stocks have had a difficult year so far, along with most of the equity market. This has allowed inverse funds like TZA to post strong gains. While the momentum has been on the side of the be...
Flows Into ETFs Outpace Those To Conventional Funds In November
For the fourth consecutive month, mutual fund investors were net purchasers of fund assets, injecting $45.8 billion into conventional funds for November. Fixed income funds (+$22.7 billion for Novembe...
Week 29 MDA Breakout Stocks - July 2021: Short-Term Stocks And Funds To Give You An Edge
Two new sample breakout stocks for Week 29 with better than 10% short-term upside potential. New ETF/ETN forecast section has been added. This past week the peak gains were in ATOS +26.6% and FUV +5.8...
Let's Take A Look At This Weeks Highest Performing ETFs 5/7
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3 ETFs To Buy If You're Bearish
Inverse ETFs move in the opposite direction as the market. They include the ProShares Short Dow 30 ETF (NASDAQ:DOG), the ProShares Short S&P 500 ETF (NYSE:SH), and the Direxion Daily Small Cap Bear 3X...
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Exchange Traded funds (ETFs) are excellent investment tools that can be purchased or sold on the stock market. Here are the highest performing ETFs this week that offer a wide variety of opportunities...
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If a third stimulus check is headed your way, investing that money in an exchange-traded fund (ETF) could potentially pay off. ETFs are lower-risk investments that offer low management fees and allow ...
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Betting Or Hedging On Senate Election Outcomes With TZA
The presidential election results are not likely to influence the outcome of stimulus bills and thus the markets. The most important battle to influence stimulus talks is the Senate election.
It's Mid-August -- Markets Are Topping Out: It Could Be Worse Than A Bad Seasonal Bear Phase
This piece is a sequel to our July 20 Seeking Alpha article (It's Still July, So Equities Are Still Rallying; August-September Will Be Calamitous, However).