Direxion Daily Small Cap Bear 3X ETFTZA

$44.52

−4.4% last session

−38.9% YTD

Data as of 11/4/20264:00 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	−4.4%	−2.9%	+15.8%	−38.9%	−40.9%	−87.3%	−82.1%	−100.0%
Peer average	−3.6%	+12.8%	+3.4%	−35.5%	−36.8%	−80.7%	−50.5%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $209M
Expense ratio: 0.99%
Distribution yield: 4.3%
NAV: $46.73
Volume: 9.0M
Avg. volume 30D: 4.6M
High today: $45.87
Low today: $43.43
Previous close: $46.58
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+22.4%$94.2M

#2TYODirexion+16.9%$10.2M

#3TMVDirexion+16.4%$190M

#4TTTProShares+13.8%$19.0M

#5WEBSDirexion−16.1%$8.0M

#6CARDMax−17.8%$1.5M

#7DULLREX Microsectors−19.6%$20.4M

#8FAZDirexion−22.8%$89.9M

#16TZADirexion−38.9%$209M

End-of-day Nov 5, 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

−4.4%

−2.9%

+15.8%

−38.9%

−40.9%

−87.3%

−82.1%

−100.0%

Peer average

−3.6%

+12.8%

+3.4%

−35.5%

−36.8%

−80.7%

−50.5%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 36 An index ETFs

TZA’s Leveraged Rank

YTD

#184of 232
leveraged ETFs

Best · ZSL+563.3%

Average−7.0%

TZA−38.9%

Worst · CRCD−93.3%

Leveraged ETFs by YTD return · Nov 5, 2026

TZA Price and 52-Week Range

From the 52-week high

−53.3%

From the 52-week low

+22.5%

Today $43.43 – $45.87

Previous close $46.58

$44.52 now

52-week low$36.3352-week high$95.40

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

TZA’s Share of An Index ETFs

Today

0.2%

of the $138B in 404 An index ETFs

TZA$209M0.2%

TQQQ$33.2B24.1%

SOXL$19.9B14.5%

401 others$84.6B61.3%

An index ETF AUM · Nov 5, 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 5, 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


SOXS	DirexionRead Desk	1.00%	−90.7%	−90.4%	$5.5B
SQQQ	ProSharesRead Desk	0.94%	−32.0%	−37.0%	$1.8B
SPXU	ProSharesRead Desk	0.90%	−28.1%	−28.6%	$396M
SPXS	DirexionRead Desk	1.04%	−27.9%	−28.5%	$347M
GDXD	REX MicrosectorsRead Desk	0.95%	−87.9%	−73.8%	$214M
TZA	DirexionThis fundRead Desk	0.99%	−40.9%	−38.9%	$209M

An index peers · Past-year and ytd returns · as of Nov 5, 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

−90.4%

−38.9%

TZA wins+51.5 pts

Past year

−90.7%

−40.9%

TZA wins+49.8 pts

Fee

1.00%

0.99%

TZA winslower fee

Yield

20.3%

4.3%

SOXS wins+16.1 pts

AUM

$5.5B

$209M

SOXS26.2× more

3–1TZA wins

Direxion SOXS and Direxion TZA · year-to-date · as of Nov 5, 2026 · AUM not scored

TZA vs VOO

TZA · Direxion Daily Small Cap Bear 3X

−40.9%

VOO · S&P 500

+13.5%

Gap

54.3 pts

Direxion TZA and Vanguard VOO · 1Y total return · as of Nov 5, 2026

TZA vs Its Peer Average

YTD

TZAAvsBPeer average

1D−4.4%−3.6%

1M−2.9%+12.8%

3M+15.8%+3.4%

YTD−38.9%−35.5%

1Y−40.9%−36.8%

3Y−87.3%−80.7%

5Y−82.1%−50.5%

1–6Peer average wins

36 An index peers · each row scaled to its leader

The Details

TZA

Risk

5/5our risk indicator

CalmerBumpier

Volatility · 1Y54.28%

Deepest drop · 1Y−60.8%

Lowest point · 5Y−84.4%

52-week range

$44.52

$36.33−53.3% from the high$95.40

Direxion TZA · past-year price moves · as of Nov 5, 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 5, 2026

TZA

Payouts by Year

$0.47per share, Sep 2026

Distribution yield4.3%

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$46.73

Premium / discount[…]

Median spread · 30D[…]

Volume today9.0M

Average volume · 30D4.6M

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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