NYSEARCA:TZA

Direxion Daily Small Cap Bear 3X Shares (TZA) Price, Holdings, & News

$21.01
+0.83 (+4.11%)
(As of 11:09 AM ET)
Today's Range
$20.84
$21.43
50-Day Range
$16.79
$21.79
52-Week Range
$16.43
$40.22
Volume
11.72 million shs
Average Volume
22.33 million shs
Market Capitalization
$349.19 million
Assets Under Management
$321.94 million
Dividend Yield
4.38%
Net Expense Ratio
1.00%
TZA stock logo

About Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. The Fund does not invest in equity securities. It creates short positions by investing at least 80% of its net assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the Small Cap Index, and the remainder in money market instruments. The Fund’s investment advisor is Rafferty Asset Management LLC.

TZA Stock Price History

TZA ETF News Headlines

Direxion Daily Small Cap Bear 3X Shares (TZA)
See this before next week's Fed meeting
See this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.)
TZA: Tempting To Time, But Avoid It
YANG Direxion Daily FTSE China Bear 3X Shares ETF
See this before next week's Fed meeting
See this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.)
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Small Cap Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:TZA
Inception Date
11/5/2008
Fund Manager
Paul Brigandi, Tony Ng
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Russell 2000 Index
Category
Size and Style
Focus
Small Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
35

Fund Statistics

Assets Under Management
$321.94 million
Average Daily Volume
$24.69 million
Discount/Premium
0.02%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
11,928
Put Options
1,985
Call Options
9,943
Short Interest
2,680,000 shs

Miscellaneous

Beta
-3.74
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily Small Cap Bear 3X Shares Expenses

TypeTZASmall Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.44%0.54%0.50%0.51%
Other Expenses0.25%0.19%0.54%0.64%0.58%
Total Expense1.00%0.50%0.70%0.74%0.70%
Fee Waiver0.00%-0.17%-0.54%-0.68%-0.57%
Net Expense1.00%0.48%0.60%0.58%0.58%

Direxion Daily Small Cap Bear 3X Shares (TZA) Holdings

Top 10 TZA Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 60.90%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 20.84%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 5.29%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 3.80%
  • RUSSELL 2000 INDEX SWAP
    Holding Weight: -23.56%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -29.66%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -43.01%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -47.75%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -51.04%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -51.72%

TZA ETF - Frequently Asked Questions

How have TZA shares performed in 2024?

Direxion Daily Small Cap Bear 3X Shares' stock was trading at $19.95 at the start of the year. Since then, TZA stock has increased by 1.2% and is now trading at $20.18.
View the best growth stocks for 2024 here
.

What does TZA invest in?

Direxion Daily Small Cap Bear 3X Shares is a equity fund issued by Direxion. TZA focuses on small cap investments and follows the Russell 2000 Index. The fund's investments total to approximately $307.38 million assets under management.

What is the management fee for Direxion Daily Small Cap Bear 3X Shares?

Direxion Daily Small Cap Bear 3X Shares' management fee is 0.75% and has other expenses of 0.25%. The net expense ratio for TZA is 1.00%.

What other stocks do shareholders of Direxion Daily Small Cap Bear 3X Shares own?
Who are Direxion Daily Small Cap Bear 3X Shares' major shareholders?

Direxion Daily Small Cap Bear 3X Shares' stock is owned by many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (3.17%) and Optimum Investment Advisors (0.01%).

How do I buy shares of Direxion Daily Small Cap Bear 3X Shares?

Shares of TZA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:TZA) was last updated on 4/25/2024 by MarketBeat.com Staff

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