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TZA vs AIBD

Direxion Daily Small Cap Bear 3X Shares vs Direxion Daily AI And Big Data Bear 2X Shares

TZA

Direxion Daily Small Cap Bear 3X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$270M

AIBD

Direxion Daily AI And Big Data Bear 2X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$4M

Key differences

  • TZA costs 0.06% less per year.
  • TZA is significantly larger than AIBD — larger funds tend to be more liquid and less likely to close.
  • TZA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TZAAIBD
Annual cost (TER)0.99%1.05%
Fund size (AUM)$270M$4M
Since20082024
Dividend yield4.33%4.20%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-67.4%-56.4%
CAGR 3Y-46.0%N/A
CAGR 5Y-30.9%N/A
Sharpe 3Y-0.70N/A
Volatility 1Y57.16%50.58%
Max drawdown-99.70%-78.37%

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

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