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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
NYSEARCA:TZA

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

$27.94
-2.41 (-7.94%)
(As of 06/6/2023 ET)
Compare
Today's Range
$27.64
▼
$30.67
50-Day Range
$27.94
▼
$35.75
52-Week Range
$23.35
▼
$53.15
Volume
15.67 million shs
Average Volume
11.26 million shs
Market Capitalization
$393.12 million
Assets Under Management
$422.79 million
Dividend Yield
1.45%
Net Expense Ratio
1.00%
ProfileChartInstitutional OwnershipHeadlinesHoldingsOptions Chain
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.

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TZA ETF News Headlines

May 31, 2023 | finance.yahoo.com
TZA - Direxion Daily Small Cap Bear 3X Shares
May 28, 2023 | americanbankingnews.com
Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Share Price Pass Above Two Hundred Day Moving Average of $31.40
June 7, 2023 | Edge On The Street (Ad)
146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
May 11, 2023 | msn.com
Unusual Call Option Trade in Direxion Daily Small Cap Bear 3X Shares (TZA) Worth $268.86K
April 13, 2023 | americanbankingnews.com
Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Shares Down 2.3%
March 24, 2023 | msn.com
Direxion Daily MSCI Emerging Markets Bear 3X Shares declares quarterly distribution of $0.1522
March 24, 2023 | americanbankingnews.com
Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Shares Up 2.3%
March 23, 2023 | americanbankingnews.com
Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Shares Down 8.1%
June 7, 2023 | Edge On The Street (Ad)
146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
February 24, 2023 | seekingalpha.com
TZA Direxion Daily Small Cap Bear 3x Shares ETF
See More Headlines

TZA Price History

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Small Cap Bear 3X Shares
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:TZA
Inception Date
11/5/2008
Fund Manager
Paul Brigandi, Tony Ng
Previous Symbol
NYSE:TZA
Web
www.direxionshares.com
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
33

Fund Statistics

Assets Under Management
$470.44 million
Average Daily Volume
$10.27 million
Discount/Premium
-0.05%
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
10,693
Put Options
2,475
Call Options
8,218
Short Interest
1,020,000 shs

Miscellaneous

Outstanding Shares
14,070,000
Beta
-3.06
Creation Unit
50,000
Creation Fee
$250.00


Direxion Daily Small Cap Bear 3X Shares Expenses

TypeTZASmall Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.43%0.52%0.50%0.49%
Other Expenses0.25%0.21%0.48%0.64%0.51%
Total Expense1.00%0.51%0.67%0.74%0.66%
Fee Waiver0.00%-0.25%-0.49%-0.70%-0.52%
Net Expense1.00%0.47%0.58%0.57%0.55%

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

Top 10 TZA Holdings

  • DREYFUS GOVT CASH MGMT
    Holding Weight: 40.43%
  • DREYFUS GOVT CASH MGMT
    Holding Weight: 12.91%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 12.09%
  • GOLDMAN FS GOVT INST
    Holding Weight: 10.49%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 9.45%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 9.41%
  • DREYFUS GOVT CASH MGMT
    Holding Weight: 6.88%
  • GOLDMAN FS GOVT INST
    Holding Weight: 2.07%
  • GOLDMAN FINL SQ TRSRY INS
    Holding Weight: 0.00%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -44.13%
Full Holdings Details













TZA ETF - Frequently Asked Questions

How have TZA shares performed in 2023?

Direxion Daily Small Cap Bear 3X Shares' stock was trading at $35.21 on January 1st, 2023. Since then, TZA shares have decreased by 20.6% and is now trading at $27.94.
View the best growth stocks for 2023 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 $470.44 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Small Cap Bear 3X Shares investors own include Direxion Daily Small Cap Bull 3X Shares (TNA), Direxion Daily Gold Miners Index Bull 2x Shares (NUGT), NVIDIA (NVDA), OneLife Technologies (OLMM), AT&T (T), Direxion Daily S&P 500 Bear 3X Shares (SPXS), Direxion Daily Financial Bear 3X Shares (FAZ), General Electric (GE) and Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG).

What is Direxion Daily Small Cap Bear 3X Shares' stock symbol?

Direxion Daily Small Cap Bear 3X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "TZA."

Who are Direxion Daily Small Cap Bear 3X Shares' major shareholders?

Direxion Daily Small Cap Bear 3X Shares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Susquehanna International Group LLP (0.00%), Jump Financial LLC (1.91%), Jane Street Group LLC (1.45%), Cutler Group LLC CA (0.00%), Tower Research Capital LLC TRC (0.70%) and Empowered Funds LLC (0.48%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Direxion Daily Small Cap Bear 3X Shares' stock price today?

One share of TZA stock can currently be purchased for approximately $27.94.

How much money does Direxion Daily Small Cap Bear 3X Shares make?

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) has a market capitalization of $393.12 million.

This page (NYSEARCA:TZA) was last updated on 6/7/2023 by MarketBeat.com Staff

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