TZADirexion Daily Small Cap Bear 3X Shares
Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
By Direxion Funds · Launched 2008
Annual Cost
0.99%
#5,284 of 6,040 · expensive
Fund Size
$235M
#2,319 of 6,040 · mid-size
Return (1Y)
-47.3%
Track Record
17 years
#620 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$6,490-35.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
DREYFUS GOVERNMENT CASH MANAGE
56.2%
GOLDMAN FINANCIAL
32.4%
GOLDMAN SACHS LIQ ES FD A
22.6%
DREYFUS
11.2%
N/A
-0.5%
N/A
-1.1%
N/A
-1.5%
N/A
-1.8%
N/A
-2.2%
N/A
-3.8%
Asset allocation
Cash
116.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
55.8%High
Year-on-year price swings
Max drawdown
-99.7%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.65Below average
Sortino (3Y)
-0.88Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
- Strategy
- Invests in financial instruments, including swap agreements and futures contracts, to provide 3X daily inverse exposure to small-capitalization companies in the Russell 3000 Index. The Fund is non-diversified and may concentrate investments in specific industries, aiming for daily rebalancing to achieve its investment objective.
- Inception date
- November 5, 2008
- Fund family
- Direxion Funds
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Data updated on 2026-09-18