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Direxion Daily Small Cap Bear 3X Shares

TZA
ETF · Currency in USD
ISIN
US25460E1257
CUSIP
25460E125
Issuer
Direxion
Inception Date
Nov 5, 2008
Region
North America (U.S.)
Category
Leveraged Equities
Leveraged
3x
Expense Ratio
1.11%
Index Tracked
Russell 2000 Index (-300%)
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Micro-Cap

Asset Class Style

Blend

TZAPrice Chart


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TZAPerformance

The chart shows the growth of $10,000 invested in Direxion Daily Small Cap Bear 3X Shares on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $3 for a total return of roughly -99.97%. All prices are adjusted for splits and dividends.


TZA (Direxion Daily Small Cap Bear 3X Shares)
Benchmark (S&P 500)

TZAReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M-14.64%
6M-18.28%
YTD-50.45%
1Y-75.48%
5Y-52.55%
10Y-48.43%

TZAMonthly Returns Heatmap


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TZASharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily Small Cap Bear 3X Shares Sharpe ratio is -1.12. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


TZA (Direxion Daily Small Cap Bear 3X Shares)
Benchmark (S&P 500)

TZADividends

Direxion Daily Small Cap Bear 3X Shares granted a 0.00% dividend yield in the last twelve months, as of Oct 23, 2021. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20202019201820172016201520142013201220112010
Dividend$0.00$0.66$4.41$3.84$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Dividend yield

0.00%1.21%1.57%0.63%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

TZADrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


TZA (Direxion Daily Small Cap Bear 3X Shares)
Benchmark (S&P 500)

TZAWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily Small Cap Bear 3X Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily Small Cap Bear 3X Shares is 99.97%, recorded on Oct 21, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.97%Feb 9, 20102947Oct 21, 2021
-6.86%Feb 1, 20102Feb 2, 20102Feb 4, 20104
-6.28%Jan 13, 20104Jan 19, 20102Jan 21, 20106
-3.8%Jan 7, 20102Jan 8, 20102Jan 12, 20104
-3.03%Jan 27, 20101Jan 27, 20101Jan 28, 20102
-1.24%Feb 5, 20101Feb 5, 20101Feb 8, 20102
-0.5%Jan 25, 20101Jan 25, 20101Jan 26, 20102

TZAVolatility Chart

Current Direxion Daily Small Cap Bear 3X Shares volatility is 25.45%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


TZA (Direxion Daily Small Cap Bear 3X Shares)
Benchmark (S&P 500)

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