Direxion Daily Small Cap Bear 3X ETFTZA

$46.58

−0.7% last session

−36.1% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026TZAS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.7%	+3.9%	+23.2%	−36.1%	−37.4%	−87.0%	−80.2%	−100.0%
Peer average	−0.3%	+15.7%	+9.5%	−31.5%	−33.1%	−80.1%	−50.4%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $218M
Expense ratio: 0.99%
Distribution yield: 4.1%
NAV: $47.06
Volume: 4.1M
Avg. volume 30D: 4.4M
High today: $46.82
Low today: $45.47
Previous close: $46.90
52-week high: $95.40
52-week low: $36.33
Our risk indicator: 5/5

TZA in One Breath

TZA Among An Index ETFs

YTD

#1YANGDirexion+40.1%$93.1M

#2TMVDirexion+19.3%$189M

#3TYODirexion+18.5%$10.1M

#4TTTProShares+16.6%$19.5M

#5WEBSDirexion−9.8%$8.3M

#6DULLREX Microsectors−10.0%$20.0M

#7CARDMax−12.6%$1.4M

#8FAZDirexion−14.2%$85.1M

#17TZADirexion−36.1%$218M

End-of-day Nov 4, 2026 · 28 An index ETFs by YTD

$10,000 in TZA

$10,000 in TZA became

$1,794

In the S&P 500 (VOO)

$18,115

Total return, dividends in · Oct 27, 2021 – Nov 4, 2026 · S&P 500 uses VOO

TZA Returns by Period

Today

YTD

MAX

TZA

−0.7%

+3.9%

+23.2%

−36.1%

−37.4%

−87.0%

−80.2%

−100.0%

Peer average

−0.3%

+15.7%

+9.5%

−31.5%

−33.1%

−80.1%

−50.4%

—

S&P 500 · VOO

+0.3%

−2.6%

−1.7%

+11.5%

+11.9%

+90.9%

+77.5%

—

End-of-day Nov 4, 2026 · total return, dividends in · peers = 36 An index ETFs

TZA’s Leveraged Rank

YTD

#181of 232
leveraged ETFs

Best · ZSL+641.2%

Average−6.3%

TZA−36.1%

Worst · CRCD−93.1%

Leveraged ETFs by YTD return · Nov 4, 2026

TZA Price and 52-Week Range

From the 52-week high

−51.2%

From the 52-week low

+28.2%

Today $45.47 – $46.82

Previous close $46.90

$46.58 now

52-week low$36.3352-week high$95.40

End-of-day Nov 4, 2026 · box = today’s range, dashed = previous close

TZA’s Share of An Index ETFs

Today

0.2%

of the $136B in 404 An index ETFs

TZA$218M0.2%

TQQQ$32.5B23.9%

SOXL$18.0B13.3%

401 others$85.0B62.6%

An index ETF AUM · Nov 4, 2026

TZA Fee per $100 vs Peers

Today

$0.99a year
per $100

$99 a year on $10,000

SPXU$0.90

SQQQ$0.94

GDXD$0.95

TZA$0.99

SOXS$1.00

SPXS$1.04

Expense ratio · An index peers · Nov 4, 2026

Inside TZA

12 holdings

TZA

Direxion Daily Small Cap Bear 3X ETF

Today

TZA gets its 3× exposure through swaps and futures, so a list of holdings would not show what you own: […]

Direxion TZA · holdings

How It Compares

TZA

Direxion Daily Small Cap Bear 3X ETF’s Peers

YTD


SOXS	DirexionRead Desk	1.00%	−91.2%	−91.6%	$6.1B
SQQQ	ProSharesRead Desk	0.94%	−35.2%	−31.0%	$2.0B
SPXS	DirexionRead Desk	1.04%	−24.9%	−24.6%	$438M
SPXU	ProSharesRead Desk	0.90%	−25.0%	−24.8%	$418M
TZA	DirexionThis fundRead Desk	0.99%	−36.1%	−37.4%	$218M
GDXD	REX MicrosectorsRead Desk	0.95%	−64.0%	−82.8%	$201M

An index peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put TZA head to head with SOXS →

SOXS vs TZA

YTD

SOXSDirexion · An indexTZADirexion · An index

Year to date

−91.2%

−36.1%

TZA wins+55.1 pts

Past year

−91.6%

−37.4%

TZA wins+54.1 pts

Fee

1.00%

0.99%

TZA winslower fee

Yield

22.1%

4.1%

SOXS wins+18.0 pts

AUM

$6.1B

$218M

SOXS28.1× more

3–1TZA wins

Direxion SOXS and Direxion TZA · year-to-date · as of Nov 4, 2026 · AUM not scored

TZA vs VOO

YTD

TZA · Direxion Daily Small Cap Bear 3X

−36.1%

VOO · S&P 500

+11.5%

Gap

47.6 pts

Direxion TZA and Vanguard VOO · YTD total return · as of Nov 4, 2026

TZA vs Its Peer Average

YTD

TZAAvsBPeer average

1D−0.7%−0.3%

1M+3.9%+15.7%

3M+23.2%+9.5%

YTD−36.1%−31.5%

1Y−37.4%−33.1%

3Y−87.0%−80.1%

5Y−80.2%−50.4%

1–6Peer average wins

36 An index peers · each row scaled to its leader

The Details

TZA

Risk

5/5our risk indicator

CalmerBumpier

Volatility · 1Y54.12%

Deepest drop · 1Y−60.8%

Lowest point · 5Y−84.4%

52-week range

$46.58

$36.33−51.2% from the high$95.40

Direxion TZA · past-year price moves · as of Nov 4, 2026

TZA

Fund Facts

Today

2008launched Nov 5

Tracks[…]

Exchange · CUSIPAMEX · 25461H325

StructureETF

Leverage-3x

Cost on $10,000$99 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Direxion TZA · fund facts · as of Nov 4, 2026

TZA

Payouts by Year

$0.47per share, Sep 2026

Distribution yield4.1%

PaidEvery quarter

Latest ex-date · paidSep 22 · Sep 29, 2026

12 payouts added up$13.48 a share

Direxion TZA · distributions by ex-date · 2018–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-10-31 ↗SEC reported portfolio · 2025-07-31 ↗SEC reported portfolio · 2025-04-30 ↗

Trading & Liquidity

Net asset value$47.06

Premium / discount[…]

Median spread · 30D[…]

Volume today4.1M

Average volume · 30D4.4M

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.99%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$99.00

Our risk indicator5/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 22, 2026	Sep 29, 2026	$0.47
Jun 23, 2026	Jun 30, 2026	$0.38
Mar 24, 2026	Mar 31, 2026	$0.71
Dec 23, 2025	Dec 31, 2025	$0.34
Sep 23, 2025	Sep 30, 2025	$0.53
Jun 24, 2025	Jul 1, 2025	$0.56
Mar 25, 2025	Apr 1, 2025	$2.38
Dec 23, 2024	Dec 31, 2024	$0.84
Sep 24, 2024	Oct 1, 2024	$1.47
Jun 25, 2024	Jul 2, 2024	$2.33
Mar 19, 2024	Mar 26, 2024	$2.36
Dec 21, 2023	Dec 29, 2023	$1.11

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