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 March 2019
Asset Under Management 327.80 Million (USD)
1 Month Total Return 2.19 %
Year To Date Return -36.48 %
1 Year Total Return -9.67 %
3 Year Annualized Total Return -41.41 %
NAV 9.6497
Share Outstanding 33,970,400
Top 10 Holdings (19 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
RUSS 2000 INDX SMALL SWAP SWAP 0.4179025538
RUSS 2000 INDX SMALL SWAP SWAP 0.3805454830
RUSS 2000 INDX SMALL SWAP SWAP 0.3649912510
RUSS 2000 INDX SMALL SWAP SWAP 0.2890761380
RUSS 2000 INDX SMALL SWAP SWAP 0.1532393999
BANK OF NEW YORK CASH RESERVE MMKT -0.2236810333
DREYFUS GOVT CASH MGMT MMKT -0.1130262890
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0794434214
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0696499622
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0519050269