The fund invests at least 80% of its net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund"s investment objective. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. It is non-diversified.
Frequently asked questions
What is the Direxion Daily Small Cap Bear 3X Shares (TZA) expense ratio?
The Direxion Daily Small Cap Bear 3X Shares funds expense ratio is 1.04%.
What is Direxion Daily Small Cap Bear 3X Shares (TZA) current stock price?
As of the latest data, Direxion Daily Small Cap Bear 3X Shares stock price is $36.91, with a previous close of $37.18. Direxion Daily Small Cap Bear 3X Shares lost -$0.27 in the last trading session, representing a -0.73% loss.
Does Direxion Daily Small Cap Bear 3X Shares (TZA) pay dividends?
Yes. Direxion Daily Small Cap Bear 3X Shares pays quarterly dividends with an annualized yield of 5.3% and an estimated annual payout of $1.96 per share.