TNA
Direxion Daily Small Cap Bull 3X Shares

Price: $36.62
Change: $1.01 (-0.03%)
Category: Leveraged Equities
Last Updated:

Vitals

Brand Direxion
Structure ETF
Expense Ratio 1.08%
ETF Home Page Home page
Inception Nov 05, 2008

Analyst Report

This ETF offers 3x daily long leverage to the Russell 2000 Index, making it a powerful tool for investors with a bullish short-term outlook for small cap equities. Investors should note that TNA’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. TNA can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

ETF Database Themes

Leveraged 3x
Asset Class Equity
Asset Class Size Micro-Cap
Asset Class Style Blend
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Leveraged Equity: U.S. - Small Cap
Category Size and Style
Focus Small Cap
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $21.44
  • 52 Week Hi $43.84
  • AUM $2,006.6 M
  • Shares 53.3 M

Historical Trading Data

  • 1 Month Avg. Volume 13,769,117
  • 3 Month Avg. Volume 15,336,976

Alternative ETFs in the ETF Database Leveraged Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPUU 0.61% $127.9 M 19,415 26.66%
Largest (AUM) TQQQ 0.88% $22.4 B 60 M 44.71%
Most Liquid (Volume) SOXL 0.76% $11.7 B 61 M 93.97%
Top YTD Performer NVDL 1.15% $3.6 B 17 M 422.52%

Alternative ETFs in the FactSet Leveraged Equity: U.S. - Small Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SMHB 0.85% $32.6 M 42,095 -23.65%
Largest (AUM) URTY 0.95% $352.6 M 990,372 -7.05%
Most Liquid (Volume) URTY 0.95% $352.6 M 990,372 -7.05%
Top YTD Performer IWML 0.95% $18.7 M 694 -0.31%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

TNA ETF Database Category Average FactSet Segment Average
Number of Holdings 2 86 745
% of Assets in Top 10 100.00% 67.47% 33.34%
% of Assets in Top 15 100.00% 70.76% 34.04%
% of Assets in Top 50 100.00% 78.53% 37.90%

Size Comparison

TNA ETF Database Category Average FactSet Segment Average
Large (>12.9B) 0.00% 2.98% N/A
Mid (>2.7B) 0.00% 0.56% N/A
Small (>600M) 0.00% 0.01% N/A
Micro (<600M) 0.00% 0.00% N/A

TNA Valuation

This section compares the P/E ratio of this ETF to its peers.

TNA
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.02
FactSet Segment Average
P/E Ratio
N/A

TNA Dividend

This section compares the dividend yield of this ETF to its peers.

TNA ETF Database Category Average FactSet Segment Average
Dividend $ 0.03 $ 0.29 $ 0.05
Dividend Date 2024-03-19 N/A N/A
Annual Dividend Rate $ 0.49 $ 0.54 $ 0.19
Annual Dividend Yield 1.30% 2.16% 0.57%

TNA Price and Volume Charts

View charts featuring TNA price and volume data.

TNA Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 91.53 M 1 Month Net Flows: 137.8 M 3 Month Net Flows: 4.97 M 6 Month Net Flows: -119.65 M 1 Year Net Flows: 331.82 M 3 Year Net Flows: 1.32 B 5 Year Net Flows: 425.25 M 10 Year Net Flows: -575.74 M

TNA Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.