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NYSEARCA:TZA

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

Direxion Daily Small Cap Bear 3X Shares logo
$39.90 0.00 (0.00%)
Closing price 09/4/2026 04:10 PM Eastern
Extended Trading
$40.24 +0.34 (+0.85%)
As of 08:26 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

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

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Key Stats

Today's Range
$39.81
$40.89
50-Day Range
$36.37
$42.93
52-Week Range
$36.33
$95.40
Volume
4.05 million shs
Average Volume
15.76 million shs
Market Capitalization
$222.64 million
Assets Under Management
$236.56 million
Dividend Yield
4.89%
Net Expense Ratio
0.99%
Aggregate Rating
N/A

ETF Overview

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.

Direxion Daily Small Cap Bear 3X Shares Expenses

TypeTZASmall Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.49%0.57%0.50%0.53%
Other Expenses0.24%0.42%0.53%0.60%0.54%
Total Expense0.99%0.62%0.75%0.75%0.73%
Fee Waiver0.00%-0.79%-0.67%-0.78%-0.68%
Net Expense0.99%0.53%0.63%0.57%0.60%
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TZA ETF News Headlines

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See More Headlines

TZA ETF - Frequently Asked Questions

Direxion Daily Small Cap Bear 3X Shares' stock was trading at $75.10 at the beginning of 2026. Since then, TZA shares have decreased by 46.9% and is now trading at $39.90.

Direxion Daily Small Cap Bear 3X Shares's stock reverse split on the morning of Wednesday, July 15th 2026.The 1-10 reverse split was announced on Wednesday, June 10th 2026. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, July 14th 2026. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Direxion Daily Small Cap Bear 3X Shares' top institutional investors include Headlands Technologies LLC (4.06%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Small Cap Bear 3X Shares investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), NIO (NIO), AT&T (T) and Bank of America (BAC).

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
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
23

Fund Statistics

Assets Under Management
$236.56 million
Average Daily Volume
$3.97 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
2,765
Put Options
604
Call Options
2,161
Short Interest
368,512 shs

Miscellaneous

Beta
-3.19
Creation Unit
50,000
Creation Fee
$250.00
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Top 10 TZA Holdings

  • Dreyfus Govt Cash Man Ins
    Holding Weight: 60.99%
  • Goldman Finl Sq Trsry Inst 506
    Holding Weight: 32.92%
  • Dreyfus Trsry Securities Cash Mgmt
    Holding Weight: 20.87%
  • Goldman Sachs Fin Gov 465 Institut
    Holding Weight: 11.75%
  • Citi Collateral
    Holding Weight: 0.00%
  • Russ 2000 Indx Small Swap
    Holding Weight: -0.26%
  • Russ 2000 Indx Small Swap
    Holding Weight: -1.34%
  • Russ 2000 Indx Small Swap
    Holding Weight: -2.40%
  • Russ 2000 Indx Small Swap
    Holding Weight: -2.90%
  • Russ 2000 Indx Small Swap
    Holding Weight: -3.09%

This page (NYSEARCA:TZA) was last updated on 9/8/2026 by MarketBeat.com Staff.
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