Direxion Daily TSM Bear 1X Shares (TSMZ)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
7.92 USD
+0.17
(2.194%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 7.90 -0.02 (-0.020%) ⇩ (Aug. 28, 2026, 6:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:10 a.m. EDT
This instrument is a leveraged inverse ETF tracking the semiconductor sector, meaning its 'fundamentals' are entirely derivative of the underlying index's performance rather than intrinsic business quality. The price history reveals a severe structural decline, dropping nearly 50% from the August 2025 high of $16.46 to the current range around $7.90, which aligns with the massive drop in the 200-day average. While the 14-day price action shows a brief, failed attempt to recover before resuming the downtrend, the statistical forecast confirms a continued negative bias for the coming month. The dividend yield of 4.38% is misleading; it is an artifact of the compounding decay of a falling asset price, not a sustainable cash flow from a profitable business. Investing here is a high-risk bet against the AI chip boom, and the data suggests the trend remains firmly downward. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.042225 |
| AutoARIMA | 0.049193 |
| AutoETS | 0.049516 |
| MSTL | 0.050645 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 1.15 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.884 |
| Excess Kurtosis | 0.07 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.77% | 3.24% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.060 | 0.773196 |
| 2026-03-24 | 0.076 | 0.729717 |
| 2025-12-23 | 0.109 | 0.880452 |
| 2025-09-23 | 0.114 | 0.851636 |
| 2025-06-24 | 0.122 | 0.696745 |
| 2025-03-25 | 0.246 | 1.098705 |
| 2024-12-23 | 0.186 | 0.906433 |
| Attribute | Value |
|---|---|
| All Time High | 29.6 |
| All Time Low | 7.055 |
| Ask | 8.01 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 71,540 |
| Average Daily Volume3 Month | 98,491 |
| Average Volume | 98,491 |
| Average Volume10Days | 71,540 |
| Beta3 Year | 0.0 |
| Bid | 7.95 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.93 |
| Day Low | 7.75 |
| Dividend Yield | 4.38 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.9028 |
| Fifty Day Average Change | 0.017199993 |
| Fifty Day Average Change Percent | 0.0021764429 |
| Fifty Two Week Change Percent | -53.814064 |
| Fifty Two Week High | 17.0 |
| Fifty Two Week High Change | -9.08 |
| Fifty Two Week High Change Percent | -0.53411764 |
| Fifty Two Week Low | 7.055 |
| Fifty Two Week Low Change | 0.86500025 |
| Fifty Two Week Low Change Percent | 0.12260812 |
| Fifty Two Week Range | 7.055 - 17.0 |
| First Trade Date Milliseconds | 1,727,962,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.17 |
| Fullday Change Percent | 2.19355 |
| Fullday Price | 7.9 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,727,827,200 |
| 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, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to TSM, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Direxion Daily TSM Bear 1X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1891987489 |
| Nav Price | 7.932 |
| Net Assets | 3,073,557.0 |
| Net Expense Ratio | 1.01 |
| Open | 7.76 |
| Phone | 866-476-7523 |
| Post Market Change | -0.01999998 |
| Post Market Change Percent | -0.252525 |
| Post Market Price | 7.9 |
| Post Market Time | 1,787,957,994 |
| Previous Close | 7.75 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.17000008 |
| Regular Market Change Percent | 2.1935494 |
| Regular Market Day High | 7.93 |
| Regular Market Day Low | 7.75 |
| Regular Market Day Range | 7.75 - 7.93 |
| Regular Market Open | 7.76 |
| Regular Market Previous Close | 7.75 |
| Regular Market Price | 7.92 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 58,654 |
| Short Name | Direxion Daily TSM Bear 1X ETF |
| Source Interval | 15 |
| Symbol | TSMZ |
| Total Assets | 3,073,557 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -6.97919 |
| Trailing Three Month Returns | -6.97919 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.851135 |
| Two Hundred Day Average Change | -1.9311352 |
| Two Hundred Day Average Change Percent | -0.19603173 |
| Type Disp | ETF |
| Volume | 58,654 |
| Yield | 0.0438 |
| Ytd Return | -31.33725 |