Direxion Daily Small Cap Bear 3X ETF (TZA)
| Assets | $232.22M |
| Expense Ratio | 0.99% |
| PE Ratio | n/a |
| Shares Out | 57.27M |
| Dividend (ttm) | $0.21 |
| Dividend Yield | 4.56% |
| Ex-Dividend Date | Mar 24, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 378,204,519 |
| Open | 4.370 |
| Previous Close | 4.250 |
| Day's Range | 4.360 - 4.770 |
| 52-Week Low | 4.200 |
| 52-Week High | 13.610 |
| Beta | -3.20 |
| Holdings | 13 |
| Inception Date | Nov 5, 2008 |
About TZA
Fund Home PageThe Direxion Daily Small Cap Bear 3X ETF (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
119.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 56.24% |
| Goldman Finl Sq Trsry Inst 506 | n/a | 36.83% |
| Goldman Sachs Fin Gov 465 Institut | n/a | 19.15% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 15.72% |
| Citi Collateral | n/a | 0.00% |
| Cash | n/a | -0.34% |
| Russ 2000 Indx Small Swap | n/a | -0.67% |
| Russ 2000 Indx Small Swap | n/a | -1.32% |
| Russ 2000 Indx Small Swap | n/a | -2.62% |
| Russ 2000 Indx Small Swap | n/a | -3.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2026 | $0.07088 | Mar 31, 2026 |
| Dec 23, 2025 | $0.0341 | Dec 31, 2025 |
| Sep 23, 2025 | $0.05311 | Sep 30, 2025 |
| Jun 24, 2025 | $0.05632 | Jul 1, 2025 |
| Mar 25, 2025 | $0.23778 | Apr 1, 2025 |
| Dec 23, 2024 | $0.08393 | Dec 31, 2024 |
Performance
TZA had a total return of -63.81% in the past year, including dividends. Since the fund's inception, the average annual return has been -48.37%.
News
Dual Commencement: The Russell Index Shift to Semi-Annual Rebalancing
June is typically reserved for graduation processionals, with the “Pomp and Circumstance March No. 1 in D” blaring from PA systems or high-fidelity systems (depending on how well-funded the school is)...
Small Cap Bear 3x falls -11.9%
Small Cap Bear 3x (TZA) is down -11.9%, or -$1.79 to $13.24.
Small Cap Bear 3x falls -12.8%
Small Cap Bear 3x (TZA) is down -12.8%, or -$1.93 to $13.10.
Small Cap Bear 3x falls -11.7%
Small Cap Bear 3x (TZA) is down -11.7%, or -$2.17 to $16.33.
Small Cap Bear 3x falls -9.9%
Small Cap Bear 3x (TZA) is down -9.9%, or -$1.83 to $16.67.
Small Cap Bear 3x rises 14.2%
Small Cap Bear 3x (TZA) is up 14.2%, or $2.58 to $20.73.
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3 ETFs That Rise as Small Caps Fall
The Russell 2000 tends to underperform during times of economic uncertainty. Explore these trading ideas using inverse small-cap ETFs.