Direxion Daily Small Cap Bear 3X SharesTZA:PCQ:USD

13.60
0.59 / 4.16%
13.21 - 21.89-1.65
Close in USDToday's change52-week range3-yr sharpe ratio
Data delayed at least 15 minutes, as of Oct 31 2014 20:00 GMT.

Objective

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Morningstar categoryTrading-Inverse Equity
Launch date05/11/2008
Price currencyUSD
DomicileUnited States
SymbolTZA
Manager & start date
Paul Brigandi
05/11/2008

Investment

Total net assets
814.11m USDAs of Sep 30 2014
Market cap595.65m USD
Shares outstanding43.80m
Average volume (10-day)22.39m
Net expense ratio1.01%
Last dividend--
Div yield0.00%
Div ex-date--
Div pay-date--
Available for saleUnited States

Diversification

Asset type

Cash
380.80%
Non-US bond
0.00%
Other
0.00%
US stock
0.00%
US bond
0.00%
Non-US stock
-280.80%

Top 5 sectors

Cash & Equivalents
391.09%

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Short
allocation
Long
allocation
Russ 2000 Indx Small Swap---71.18%
Russ 2000 Indx Small Swap---51.48%
Russ 2000 Indx Small Swap---43.10%
Russ 2000 Indx Small Swap---38.60%
Russ 2000 Indx Small Swap---28.85%
Data delayed at least 15 minutes, as of Sep 30 2014.Top 10 holdings
Intra-day ETF pricing data provided by
© Thomson Reuters Click for restrictions.

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

All managed funds data located on FT.com is subject to the FT Terms & Conditions . All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

All data shown on this page, unless noted otherwise is Data Source and Copyright: Morningstar, Inc. 2014
All Rights reserved

© 2014 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Equity Style Box is a unique graphical tool showing a fund’s true investment style and market capitalisation.

The Morningstar Fixed Income Style Box is a unique graphical tool showing a fund's true credit quality and duration.

Pricing for ETFs is the latest price and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.