ETF profile for Direxion Daily Small Cap Bear 3X ETF (TZA) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
TZA ETF Profile
| Family: |
Direxion Shares |
| Name: |
Direxion Daily Small Cap Bear 3X ETF |
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| Inception Date: |
5-Nov-2008 |
| Termination Date: |
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| Investment Objective: |
The Fund 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 "Index"). 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 and current index membership. The Fund, under normal circumstances, invests at least 80% of the Fund's net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the Index or to exchange-traded funds ("ETFs") that track the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically inverse leveraged investment results. |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
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308.9773% |
| RTY SWAP ASSET LEG |
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-74.0998% |
| RTY SWAP ASSET LEG |
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-68.9695% |
| RTY SWAP ASSET LEG |
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-66.7087% |
| DREYFUS GOVT CASH MAN INS |
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47.2320% |
| RTY SWAP ASSET LEG |
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-42.5464% |
| RTY SWAP ASSET LEG |
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-34.5857% |
| GOLDMAN FINL SQ TRSRY INST 506 |
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21.6970% |
| RTY SWAP ASSET LEG |
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-17.6343% |
| DREYFUS TRSRY SECURITIES CASH MGMT |
X9USDDTP3 |
17.1082% |
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Top 10 Holdings Weight: |
90.5% |
| Number of Holdings: |
12 |
| Shares Outstanding: |
3,831,924 |
| Total Net Assets: |
194,048,624 |
| NAV: |
50.50 |
| Net Expense Ratio: |
0.99% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Small Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
Inverse (-3x) |
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
