TZA

Fund Description
The Small Cap Bear 3X ETF seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the price performance of the Russell 2000 (Small Cap Index). There is no guarantee the fund will meet its stated investment objective.
Fund Profile
Fund Name Direxion Daily Small Cap Bear 3X Shares
Fund Exchange Ticker TZA
Fund Sponsor Direxion Shares
Fund ISIN US25490K5213
Net Expense Ratio 0.95 %
Fund Inception Date 5 November 2008
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Russell 2000 Index
Index Provider FTSE Russell
Currency Hedged No
Inverse / Leveraged Inverse (-3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Small Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 19 June 2019
Asset Under Management 308.46 Million (USD)
1 Month Total Return -6.90 %
Year To Date Return -38.66 %
1 Year Total Return 9.30 %
3 Year Annualized Total Return -36.84 %
NAV 9.31331
Share Outstanding 33,120,400
Top 10 Holdings (19 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
RUSS 2000 INDX SMALL SWAP RTYU SWAP 0.5440111017
RUSS 2000 INDX SMALL SWAP RTYML SWAP 0.5403506764
RUSS 2000 INDX SMALL SWAP RTY SWAP 0.2581978537
RUSS 2000 INDX SMALL SWAP RTYBP SWAP 0.1578146114
RUSS 2000 INDX SMALL SWAP RTYCT SWAP 0.0981177797
BANK OF NEW YORK CASH RESERVE MMKT -0.2848549796
DREYFUS GOVT CASH MGMT MMKT -0.0984265524
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0788244448
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0650412108
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0310898406