Morningstar

Direxion Daily Small Cap Bear 3X ETF TZA

Overview

    • NAV

      10.53

    • 1-Day Return

      -1.06%

    • Total Assets

      324.6 Mil

    • Adj. Expense Ratio

      0.990%

    • Prospectus Net Expense Ratio

      0.990%

    • Category

      US Fund Trading--Inverse Equity

    • Investment Style

      —

    • Fixed Income Surveyed Style Box

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    • SEC Yield

      —

    • TTM Yield

      4.43%

    • Turnover

      —

    • Status

      Open

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NAV
Open Price
Bid / Ask / Spread
Volume / Avg
Day Range
Year Range

Performance

Growth of 10,000

A chart contrasting Fund Growth of 10k over 10 years versus Category and Index
Manager Change : Full Partial

Returns

Growth of 10K component includes four parts: Growth of 10K chart, Manager Change, Fund Flows, and Annual Return table.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
YTD
Investment (Price)
-6.25
-55.89
-38.19
25.06
-53.26
-80.42
-50.80
30.21
-40.63
-32.22
-17.07
Investment (NAV)
-6.82
-55.54
-38.35
24.80
-53.27
-80.33
-51.03
30.20
-40.49
-32.24
-17.21
Category (NAV)
N/A
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Index
1.38
11.96
21.83
-4.38
31.49
18.40
28.71
-18.11
26.29
25.02
9.42
Quartile Rank
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# of Invest. in Cat.
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Category Name
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity
IE US Fund Trading--Inverse Equity

Price

Cost Illustration

More Fees / Expenses Data

Sustainability

ESG Risk Rating

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0/5

Corporate Sustainability Score
Sovereign Sustainability Score
Low Carbon Designation

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Carbon Risk Score

Strategy

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the Russell 2000® Index. The fund invests at least 80% of its net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. It is non-diversified.

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