Direxion Daily Small Cap Bear 3X Shares (TZA)

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Fund Description

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 04.15.2014

Previous Close $17.65 Expense Ratio 0.95%
YTD Return 4.01% Avg. 30-Day Volume 21,156,035
1-Year Return 55.5% Market Cap Loading...
Bid $17.64 Shares Outstanding 36,048,000
Ask $17.65 Dividends $0.00

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