Direxion Daily Small Cap Bear 3X Shares (TZA)
- Equity | Small-Cap Funds
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
|Previous Close||$31.01||Expense Ratio||0.95%|
|YTD Return||42.6%||Avg. 30-Day Volume||16,653,056|
|1-Year Return||62.0%||Market Cap||Loading...|