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TZA vs SPXS

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

TZA

Direxion Daily Small Cap Bear 3X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$270M

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

Key differences

  • TZA costs 0.05% less per year.
  • TZA follows a inverse strategy; SPXS uses leveraged.
  • Over the last 3 years, SPXS has delivered higher annualized returns.

Side-by-side comparison

TZASPXS
Annual cost (TER)0.99%1.04%
Fund size (AUM)$270M$388M
Since20082008
Dividend yield4.33%4.29%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-67.4%-50.4%
CAGR 3Y-46.0%-43.7%
CAGR 5Y-30.9%-35.1%
Sharpe 3Y-0.70-1.15
Volatility 1Y57.16%36.05%
Max drawdown-99.70%-99.61%

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

Similar to TZA and SPXS