Direxion Daily Small Cap Bear 3X ETF (TZA)
Direxion Daily Small Cap Bear 3X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $37.18, down 1.67% on the session, giving a market capitalisation of $236.7M. Its beta of -3.60 implies it has historically moved less than the broad market.
The Direxion Daily Small Cap Bull and Bear 3X Shares are designed to generate daily investment outcomes, before deductions for fees and expenses, that correspond to 300% of the daily performance of the Russell 2000 Index, or 300% of its inverse. However, there is no certainty that these funds will consistently meet their specified targets.
Direxion Daily Small Cap Bear 3X ETF is most often compared with the following Financial Services names: