NYSEARCA:TZA

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

$29.15

-3.52 (-10.77%)

(As of 06/2/2023 ET)

Compare

Today's Range: $29.13
▼
$31.70
50-Day Range: $29.15
▼
$35.75
52-Week Range: $23.35
▼
$53.15

Volume: 14.98 million shs
Average Volume: 11.24 million shs
Market Capitalization: $410.14 million

Assets Under Management: $412.84 million
Dividend Yield: 1.45%
Net Expense Ratio: 1.00%

Profile Chart Institutional Ownership Headlines Holdings Options Chain

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 4, 2023 | Behind the Markets (Ad)

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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 4, 2023 | Behind the Markets (Ad)

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February 24, 2023 | seekingalpha.com

TZA Direxion Daily Small Cap Bear 3x Shares ETF

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TZA Price History

30 days | 90 days | 365 days | Advanced Chart

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: 17

Fund Statistics

Assets Under Management: $412.84 million
Average Daily Volume: $10.27 million
Discount/Premium: -5.01%
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: 28,256
Put Options: 6,900
Call Options: 21,356
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

Type	TZA	Small Cap ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.75%	0.43%	0.52%	0.50%	0.49%
Other Expenses	0.25%	0.21%	0.48%	0.64%	0.51%
Total Expense	1.00%	0.51%	0.67%	0.74%	0.66%
Fee Waiver	0.00%	-0.25%	-0.49%	-0.70%	-0.52%
Net Expense	1.00%	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

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Institutional Ownership

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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 stock has decreased by 17.2% and is now trading at $29.15.
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 $412.84 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 investors 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 $29.15.
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 $410.14 million.

This page (NYSEARCA:TZA) was last updated on 6/4/2023 by MarketBeat.com Staff

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