TZA – Direxion Daily Small Cap Bear 3X Shares

Direxion Daily Small Cap Bear 3X Shares (TZA) is a Trading--Inverse Equity ETF, issued by Direxion Funds, $237M in assets, 0.98% expense ratio.

Returns as of Oct 23, 2026: 1 week -5.5%, 1 year -34.4%.

Provides 3X daily inverse exposure to Russell 2000 Index, targeting small-capitalization companies in the Russell 3000 Index.

Top holdings

• FTIXX – Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 39.1%

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