Direxion Daily Small Cap Bear 3X Shares

Ticker

TZA

ISIN

US25460E125

Price

USD 6.09

Change Today

-0.21 / -3.333 %

Price 1 year ago

6.10 / -0.164 %

Morningstar

-

52 Week Low

5.86

52 Week High

6.69

200 Day Moving Average 6.15

6.15

50-day Moving Average

6.15


Price evolution


Yearly returns


Peers comparison

Risk factors

1 year

ParameterValue

1 year

ParameterValue

History

ParameterValue
Average Annual Return2.18%
Average Annual Volatility17.519%
Sharpe Ratio0.12
Sortino Ratio-0.01
Maximum Drawdown-12.0%
Maximum Drawdown Date2026-02-09
Calmar Ratio-1.29

Company information

Summary

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Russell 2000® Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of approximately 2,000 small-capitalization companies in the Russell 3000® Index, based on a combination of their market capitalization. It is non-diversified.

Market

US

Category

Trading--Inverse Equity

Expense Ratio

1.00%

Fund family

Direxion Funds

Morningstar
-
Yield
-
Exchange
PCX
SectorWeight
Realestate0.00%
Consumer cyclical0.00%
Basic materials0.00%
Consumer defensive0.00%
Technology0.00%
Communication services0.00%
Financial services0.00%
Utilities0.00%
Industrials0.00%
Energy0.00%
Healthcare0.00%
CountryRatio
United States
Canada
Argentina
Brazil
Chile
Colombia
Mexico
Peru
Venezuela
United Kingdom

Holdings

SymbolNameAllocation
DAPXXDreyfus Government Secs Cash Mgmt Admin82.52%
FTIXXGoldman Sachs FS Treasury Intms Instl36.2%
Russ 2000 Indx Small Swap19.07%

Alternative funds

TickerNameIsinExchangeExpensesMorningstarAlphaBeta
RUSLDirexion Daily Russia Bull 2X SharesUS25460E828PCX1.26%3+0.50

Sustainability scores

Events

Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.