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Direxion Daily Small Cap Bull 3X Shares (TNA)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
69.95 USD -2.98 (-4.086%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 70.06 +0.11 (0.157%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:★⯪☆☆☆
Hot Take | Aug. 22, 2026, 2:47 a.m. EDT

The 3X leveraged nature of this instrument creates a brutal reality where recent gains are being erased by volatility decay, despite the underlying small-cap index climbing. While the price has recovered recently, the five-year history shows a net loss, proving that holding this vehicle is a losing strategy over intermediate periods. The options market confirms this hesitation; traders are buying protection at the 85 strike for year-end, acknowledging the risk of a sharp correction, while the statistical forecast leans slightly negative due to the compounding drag of leverage. This is a speculative tool for tactical, short-duration trades, not a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_126 ✓0.054572
MSTL_79_1260.074089
MSTL0.076314
AutoETS0.086083
AutoARIMA0.086085
AutoTheta0.090034
MSTL_790.113309

Forecast horizon: 60 days | Selected: MSTL_126

Forecast Reliability
Score 41%
H-stat 0.76
Ljung-Box p 0.000
Jarque-Bera p 0.311
Excess Kurtosis -0.97
Attribute Value
Trailing P/E 21.69

As of Aug. 22, 2026, 2:47 a.m. EDT: Speculators are positioning for a volatile range-bound environment rather than a decisive directional move. Call volume is heavily skewed toward out-of-the-money strikes (80-85) acting as profit targets, while put volume concentrates significantly in the 85 strike for December expirations, suggesting a hedge against a potential drop to that level. The massive open interest walls at 85 for both calls and deep puts indicate a consensus view of a 10-15% swing from current prices, with limited conviction on a sustained breakout above 85 or a crash below 70.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.12% 0.38% 0.92% 0.78%
Dividend History
Date Dividend Yield %
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
Additional Data
dividendYield 0.3

Info Dump

Attribute Value
All Time High 114.31
All Time Low 2.5525
Ask 70.06
Ask Size 100
Average Daily Volume10 Day 3,025,020
Average Daily Volume3 Month 4,995,287
Average Volume 4,995,287
Average Volume10Days 3,025,020
Beta3 Year 3.83
Bid 69.96
Bid Size 300
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 73.33
Day Low 69.89
Dividend Yield 0.3
Eps Trailing Twelve Months 3.2253444
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 72.0278
Fifty Day Average Change -2.0778046
Fifty Day Average Change Percent -0.028847259
Fifty Two Week Change Percent 77.35895
Fifty Two Week High 77.24
Fifty Two Week High Change -7.290001
Fifty Two Week High Change Percent -0.09438116
Fifty Two Week Low 37.03
Fifty Two Week Low Change 32.92
Fifty Two Week Low Change Percent 0.8890089
Fifty Two Week Range 37.03 - 77.24
First Trade Date Milliseconds 1,227,105,000,000
Five Year Average Return -0.0378071
Full Exchange Name NYSEArca
Fullday Change -2.98
Fullday Change Percent -4.08611
Fullday Price 70.06
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 CLOSED
Max Age 86,400
Message Board Id finmb_51234851
Nav Price 72.913
Net Assets 1,325,170,690.0
Net Expense Ratio 1.05
Open 72.81
Phone 866-476-7523
Post Market Change 0.11000061
Post Market Change Percent 0.15725607
Post Market Price 70.06
Post Market Time 1,787,961,547
Previous Close 72.93
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -2.98
Regular Market Change Percent -4.08611
Regular Market Day High 73.33
Regular Market Day Low 69.89
Regular Market Day Range 69.89 - 73.33
Regular Market Open 72.81
Regular Market Previous Close 72.93
Regular Market Price 69.95
Regular Market Time 1,787,947,200
Regular Market Volume 4,319,873
Short Name Direxion Small Cap Bull 3X ETF
Source Interval 15
Symbol TNA
Three Year Average Return 0.32004318
Total Assets 1,325,170,688
Tradeable 0
Trailing P E 21.687605
Trailing Peg Ratio None
Trailing Three Month Nav Returns 10.31323
Trailing Three Month Returns 10.31323
Triggerable 1
Two Hundred Day Average 58.1608
Two Hundred Day Average Change 11.789196
Two Hundred Day Average Change Percent 0.20270003
Type Disp ETF
Volume 4,319,873
Yield 0.003
Ytd Return 48.73579