The fund, under normal circumstances, invests at least 80% of the fund"s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to TSM, consistent with the fund"s investment objective. The fund is non-diversified.
Frequently asked questions
What is the Direxion Daily TSM Bear 1X Shares (TSMZ) expense ratio?
The Direxion Daily TSM Bear 1X Shares funds expense ratio is 101%.
What is Direxion Daily TSM Bear 1X Shares (TSMZ) current stock price?
As of the latest data, Direxion Daily TSM Bear 1X Shares stock price is $7.67, with a previous close of $7.79. Direxion Daily TSM Bear 1X Shares lost -$0.12 in the last trading session, representing a -1.54% loss.
Does Direxion Daily TSM Bear 1X Shares (TSMZ) pay dividends?
Yes. Direxion Daily TSM Bear 1X Shares pays quarterly dividends with an annualized yield of 4.12% and an estimated annual payout of $0.32 per share.