Direxion Daily Small Cap Bull 3X Shares (TNA)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
55.51 USD
+2.12
(3.971%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:58 a.m. EDT
This leveraged small-cap proxy is currently trapped in a classic volatility decay cycle. While the headline shows a recent surge, the five-year reality is a 10.88% loss despite the underlying Russell 2000 index climbing. The recent price action confirms this structural weakness: the asset is trading well below its 50-day moving average, indicating a significant short-term downtrend that has yet to reverse. The options market reflects this uncertainty, with heavy put walls acting as a floor and distant call walls capping upside, creating a 'no-man's land' where the 3x leverage works against the holder. The dividend is negligible and irrelevant to the investment thesis. For a leveraged product, the math is unforgiving; holding through the inevitable drawdowns will likely result in permanent capital loss due to compounding decay, making this a poor candidate for long-term accumulation. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.157181 |
| AutoARIMA | 0.158219 |
| MSTL | 0.160759 |
| AutoTheta | 0.172537 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 19.99 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.263 |
| Excess Kurtosis | -1.16 |
| Attribute | Value |
|---|---|
| Trailing P/E | 15.70 |
As of Oct. 10, 2026, 5:58 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call Open Interest walls are heavy at strikes significantly above the current price (70, 80), while Put Open Interest is concentrated just below the current level (50-58). This distribution suggests traders are hedging against a drop to the 50s while betting on a potential rebound toward the 70s, reflecting the asset's inherent beta-driven oscillation rather than a fundamental trend.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.07% | 0.29% | 0.92% | 0.80% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.04200 | 0.065738 |
| 2026-06-23 | 0.08800 | 0.123215 |
| 2026-03-24 | 0.02000 | 0.044494 |
| 2025-12-23 | 0.03000 | 0.061249 |
| 2025-09-23 | 0.07200 | 0.155072 |
| 2025-06-24 | 0.15000 | 0.455512 |
| 2025-03-25 | 0.10300 | 0.310896 |
| 2024-12-23 | 0.17600 | 0.415781 |
| 2024-09-24 | 0.03300 | 0.074830 |
| 2024-06-25 | 0.15300 | 0.430622 |
| 2024-03-19 | 0.02600 | 0.068295 |
| 2023-12-21 | 0.21800 | 0.558259 |
| 2023-09-19 | 0.01700 | 0.054768 |
| 2023-06-21 | 0.22800 | 0.668622 |
| 2023-03-21 | 0.03800 | 0.121717 |
| 2022-12-20 | 0.09900 | 0.317613 |
| 2021-12-21 | 0.05000 | 0.062539 |
| 2020-12-22 | 0.01000 | 0.014756 |
| 2020-06-23 | 0.01100 | 0.039841 |
| 2019-12-23 | 0.15000 | 0.205790 |
| 2019-06-25 | 0.16700 | 0.291144 |
| 2018-12-27 | 0.13600 | 0.333988 |
| 2018-09-25 | 0.01400 | 0.015349 |
| 2017-12-19 | 0.10600 | 0.150483 |
| 2014-12-11 | 0.24000 | 0.650936 |
| 2013-12-12 | 0.59350 | 1.794949 |
| 2010-03-23 | 0.02725 | 0.189302 |
| 2009-11-20 | 1.16650 | 13.173349 |
| 2009-09-22 | 0.01325 | 0.107921 |
| 2009-06-23 | 0.00475 | 0.075909 |
| 2009-03-24 | 0.00850 | 0.197674 |
| 2008-12-17 | 0.01050 | 0.126927 |
| Attribute | Value |
|---|---|
| All Time High | 114.31 |
| All Time Low | 2.5525 |
| Ask | 0.0 |
| Ask Size | 1,400 |
| Average Daily Volume10 Day | 5,482,870 |
| Average Daily Volume3 Month | 4,099,264 |
| Average Volume | 4,099,264 |
| Average Volume10Days | 5,482,870 |
| Beta3 Year | 3.88 |
| Bid | 0.0 |
| Bid Size | 500 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 55.605 |
| Day Low | 53.06 |
| Display Name | Daily Small Cap Bull 3X Shares |
| Dividend Yield | 0.31 |
| Eps Trailing Twelve Months | 3.534843 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 65.8068 |
| Fifty Day Average Change | -10.2968025 |
| Fifty Day Average Change Percent | -0.1564702 |
| Fifty Two Week Change Percent | 22.241795 |
| Fifty Two Week High | 77.24 |
| Fifty Two Week High Change | -21.73 |
| Fifty Two Week High Change Percent | -0.2813309 |
| Fifty Two Week Low | 37.03 |
| Fifty Two Week Low Change | 18.48 |
| Fifty Two Week Low Change Percent | 0.49905482 |
| Fifty Two Week Range | 37.03 - 77.24 |
| First Trade Date Milliseconds | 1,227,105,000,000 |
| Five Year Average Return | -0.093534 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.23150253 |
| Fullday Change Percent | 0.41689634 |
| Fullday Price | 55.7615 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,225,843,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index measures the performance of approximately 2,000 small-capitalization companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified. |
| Long Name | Direxion Daily Small Cap Bull 3X Shares |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_51234851 |
| Nav Price | 53.348 |
| Net Assets | 1,254,883,710.0 |
| Net Expense Ratio | 1.05 |
| Open | 53.42 |
| Phone | 866-476-7523 |
| Pre Market Change | 0.23150253 |
| Pre Market Change Percent | 0.41689634 |
| Pre Market Price | 55.7615 |
| Pre Market Time | 1,792,154,606 |
| Previous Close | 53.39 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 2.12 |
| Regular Market Change Percent | 3.97078 |
| Regular Market Day High | 55.605 |
| Regular Market Day Low | 53.06 |
| Regular Market Day Range | 53.06 - 55.605 |
| Regular Market Open | 53.42 |
| Regular Market Previous Close | 53.39 |
| Regular Market Price | 55.51 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 5,388,199 |
| Short Name | Direxion Small Cap Bull 3X ETF |
| Source Interval | 15 |
| Symbol | TNA |
| Three Year Average Return | 0.2912981 |
| Total Assets | 1,254,883,712 |
| Tradeable | 0 |
| Trailing P E | 15.703668 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -23.12505 |
| Trailing Three Month Returns | -23.12505 |
| Triggerable | 1 |
| Two Hundred Day Average | 60.8961 |
| Two Hundred Day Average Change | -5.386101 |
| Two Hundred Day Average Change Percent | -0.088447385 |
| Type Disp | ETF |
| Volume | 5,388,199 |
| Yield | 0.0031 |
| Ytd Return | 27.00731 |