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SPXS vs TNA

Direxion Daily S&P 500 Bear 3X Shares vs Direxion Daily Small Cap Bull 3X Shares

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

TNA

Direxion Daily Small Cap Bull 3X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$1.5B

Key differences

  • TNA is significantly larger than SPXS — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, TNA has delivered higher annualized returns.

Side-by-side comparison

SPXSTNA
Annual cost (TER)1.04%1.05%
Fund size (AUM)$388M$1.5B
Since20082008
Dividend yield4.29%0.44%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y-50.4%+130.8%
CAGR 3Y-43.7%+30.7%
CAGR 5Y-35.1%-5.2%
Sharpe 3Y-1.150.68
Volatility 1Y36.05%57.15%
Max drawdown-99.61%-88.09%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to SPXS and TNA