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 18 January 2019
Asset Under Management 273.84 Million (USD)
1 Month Total Return -22.74 %
Year To Date Return -25.82 %
1 Year Total Return 0.64 %
3 Year Annualized Total Return -44.09 %
NAV 11.2829
Share Outstanding 24,270,400
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
RUSS 2000 INDX SMALL SWAP SWAP 0.4933389562
RUSS 2000 INDX SMALL SWAP SWAP 0.4391415409
RUSS 2000 INDX SMALL SWAP SWAP 0.2515501701
RUSS 2000 INDX SMALL SWAP SWAP 0.2414855875
RUSS 2000 INDX SMALL SWAP SWAP 0.0858588590
BANK OF NEW YORK CASH RESERVE MMKT -0.1897102164
DREYFUS GOVT CASH MGMT MMKT -0.1089088132
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0971026829
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0473862536
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0368875493