Direxion Daily Small Cap Bear 3X Shares (TZA)
- Expense ratio0.98%
- Net assets$237.3M
- Dividend yield3.00%
- 1-year return-34.45%
- Holdings1
TZA ETF price chart
TZA quote & trading statistics
TZA performance
Annual returns & drawdowns →- YTD-33.20%
- 1 year-34.45%
- 3 years-48.02%/yr
- 5 years-26.23%/yr
- 10 years-39.84%/yr
- 1Y volatility
- 47.41%
- 3Y volatility
- 58.36%
- 3Y Sharpe ratio
- -0.80
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
TZA holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | FTIXX | Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares | 39.10% |
This holding makes up 39.1% of the fund. As of October 25, 2026.
About Direxion Daily Small Cap Bear 3X Shares
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.
TZA ETF FAQ
What is the TZA expense ratio?
Direxion Daily Small Cap Bear 3X Shares has a net expense ratio of 0.98%, or $98.00 a year for every $10,000 invested.
How much money is in TZA?
Direxion Daily Small Cap Bear 3X Shares has about $237.3M in net assets.
What are the top holdings of TZA?
The largest positions in TZA are Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares (39.10%). The fund holds 1 securities in total.
How has TZA performed?
TZA returned -34.45% over the past year and -26.23% a year over the past five years, including reinvested distributions.
Does TZA pay dividends?
TZA has a dividend yield of 3.00% and pays distributions quarterly.
When was TZA launched?
Direxion Daily Small Cap Bear 3X Shares began trading on November 5, 2008.