S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSEARCA:TZA

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

$21.72
-0.05 (-0.23%)
(As of 04/19/2024 ET)
Today's Range
$21.26
$22.29
50-Day Range
$16.79
$21.79
52-Week Range
$16.43
$40.22
Volume
23.76 million shs
Average Volume
22.53 million shs
Market Capitalization
$360.99 million
Assets Under Management
$379.15 million
Dividend Yield
4.38%
Net Expense Ratio
1.00%
TZA stock logo

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

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.

TZA Stock Price History

TZA ETF News Headlines

Direxion Daily Small Cap Bear 3X Shares (TZA)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
TZA: Tempting To Time, But Avoid It
YANG Direxion Daily FTSE China Bear 3X Shares ETF
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
See More Headlines
Receive TZA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Direxion Daily Small Cap Bear 3X Shares and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Small Cap Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:TZA
Inception Date
11/5/2008
Fund Manager
Paul Brigandi, Tony Ng
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
34

Fund Statistics

Assets Under Management
$379.15 million
Average Daily Volume
$24.46 million
Discount/Premium
-0.05%
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
13,804
Put Options
4,396
Call Options
9,408
Short Interest
2,680,000 shs

Miscellaneous

Beta
-3.74
Creation Unit
50,000
Creation Fee
$250.00
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Direxion Daily Small Cap Bear 3X Shares Expenses

TypeTZASmall Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.45%0.54%0.50%0.51%
Other Expenses0.25%0.22%0.54%0.64%0.58%
Total Expense1.00%0.52%0.70%0.74%0.70%
Fee Waiver0.00%-0.22%-0.55%-0.68%-0.57%
Net Expense1.00%0.48%0.60%0.58%0.58%

Direxion Daily Small Cap Bear 3X Shares (TZA) Holdings

Top 10 TZA Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 60.90%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 20.84%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 5.29%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 3.80%
  • RUSSELL 2000 INDEX SWAP
    Holding Weight: -23.56%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -29.66%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -43.01%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -47.75%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -51.04%
  • RUSS 2000 INDX SMALL SWAP
    Holding Weight: -51.72%

TZA ETF - Frequently Asked Questions

How have TZA shares performed in 2024?

Direxion Daily Small Cap Bear 3X Shares' stock was trading at $19.95 at the beginning of the year. Since then, TZA stock has increased by 8.9% and is now trading at $21.72.
View the best growth stocks for 2024 here
.

What does TZA invest in?

Direxion Daily Small Cap Bear 3X Shares is a equity fund issued by Direxion. TZA focuses on small cap investments and follows the Russell 2000 Index. The fund's investments total to approximately $379.15 million assets under management.

What is the management fee for Direxion Daily Small Cap Bear 3X Shares?

Direxion Daily Small Cap Bear 3X Shares' management fee is 0.75% and has other expenses of 0.25%. The net expense ratio for TZA is 1.00%.

What other stocks do shareholders of Direxion Daily Small Cap Bear 3X Shares own?
Who are Direxion Daily Small Cap Bear 3X Shares' major shareholders?

Direxion Daily Small Cap Bear 3X Shares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (3.17%) and Optimum Investment Advisors (0.01%).

How do I buy shares of Direxion Daily Small Cap Bear 3X Shares?

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.
Compare Top Brokerages Here.

This page (NYSEARCA:TZA) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners