Direxion Small Cap Bull 3X SharesDirexion Small Cap Bull 3X SharesDirexion Small Cap Bull 3X Shares

Direxion Small Cap Bull 3X Shares

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Key stats


Assets under management (AUM)
‪2.32 B‬USD
Fund flows (1Y)
‪−553.15 M‬USD
Dividend yield (indicated)
0.88%
Discount/Premium to NAV
0.3%

About Direxion Small Cap Bull 3X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
1.08%
Inception date
Nov 5, 2008
Index tracked
Russell 2000
Management style
Passive
TNA offers 3x leveraged exposure to nearly 2000 US small-cap companies as defined by the Russell 2000. The underlying index specifically contains the 1001st through the 3000th securities pulled from the Russell 3000 index, which covers approximately 10% of its total market capitalization. The fund may invest in securities across various sectors and industry groups without any bias. Selected securities are then weighted by market-cap. As a levered product with daily resets, TNA is not a buy-and-hold ETF, its a short-term tactical instrument. Like many levered funds, it delivers its headline 3x exposure for only one day at a time. As a result, Long-term returns could materially differ from those of the underlying index due to daily compounding.

Classification


Asset Class
Equity
Category
Size and style
Focus
Small cap
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
Bonds, Cash & Other
ETF
Cash
Bonds, Cash & Other100.00%
ETF88.50%
Cash11.50%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows