Direxion Daily Small Cap Bear 3X Shares (TZA)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
5.08 USD
-0.35
(-6.446%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 5.07 -0.01 (-0.010%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 2:59 p.m. EDT
TZA, as a leveraged ETF, is sensitive to market movements and is primarily designed for short-term trading. The recent price fluctuations and the high dividend yield indicate a potential income opportunity for investors. However, the options data suggests a cautious outlook, with traders anticipating volatility. While the dividend yield is attractive, the long-term fundamentals of the underlying assets are not as strong, making this more suitable for short-term traders looking to capitalize on market dips or momentum. Investors should be aware of the risks associated with leveraged ETFs, especially in a volatile market environment. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.069366 |
| AutoETS | 0.069366 |
| MSTL | 0.074564 |
| AutoTheta | 0.138689 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 10.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.229 |
| Excess Kurtosis | -0.83 |
As of April 11, 2026, 2:59 p.m. EDT: Options activity shows a mix of call and put positioning, with a notable concentration around the ATM strike of $6.0. The high open interest and implied volatility around this level suggest a consensus among traders that the stock is likely to remain near this price range. The presence of significant OI walls at strikes like $7.0 and $6.5 indicates potential support or resistance levels. The overall options data implies a cautious outlook, with traders hedging against both upward and downward movements. The IV spikes and OI positioning suggest a high level of uncertainty, with traders anticipating potential volatility.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.00% | 2.63% | 3.78% | 2.58% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.070 | 0.997151 |
| 2025-12-23 | 0.034 | 0.491882 |
| 2025-09-23 | 0.053 | 0.670636 |
| 2025-06-24 | 0.056 | 0.472403 |
| 2025-03-25 | 0.238 | 1.618401 |
| 2024-12-23 | 0.084 | 0.679933 |
| 2024-09-24 | 0.147 | 1.136818 |
| 2024-06-25 | 0.233 | 1.289946 |
| 2024-03-19 | 0.236 | 1.327472 |
| 2023-12-21 | 0.111 | 0.596661 |
| 2023-09-19 | 0.288 | 1.092929 |
| 2023-06-21 | 0.236 | 0.952988 |
| 2023-03-21 | 0.460 | 1.576081 |
| 2020-03-24 | 0.664 | 0.124824 |
| 2019-12-23 | 0.720 | 0.292406 |
| 2019-09-24 | 2.608 | 0.801138 |
| 2019-03-19 | 1.080 | 0.319379 |
| 2018-12-27 | 2.040 | 0.370058 |
| 2018-09-25 | 1.200 | 0.416665 |
| 2018-03-20 | 0.600 | 0.156012 |
| Attribute | Value |
|---|---|
| All Time High | 1,503,168.0 |
| All Time Low | 4.97 |
| Ask | 5.09 |
| Ask Size | 513,200 |
| Average Daily Volume10 Day | 108,423,090 |
| Average Daily Volume3 Month | 130,762,527 |
| Average Volume | 130,762,527 |
| Average Volume10Days | 108,423,090 |
| Beta3 Year | -3.87 |
| Bid | 5.07 |
| Bid Size | 104,400 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.24 |
| Day Low | 4.97 |
| Dividend Yield | 3.05 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.4816 |
| Fifty Day Average Change | -1.4015999 |
| Fifty Day Average Change Percent | -0.2162429 |
| Fifty Two Week Change Percent | -74.726364 |
| Fifty Two Week High | 20.68 |
| Fifty Two Week High Change | -15.6 |
| Fifty Two Week High Change Percent | -0.75435203 |
| Fifty Two Week Low | 4.97 |
| Fifty Two Week Low Change | 0.11000013 |
| Fifty Two Week Low Change Percent | 0.022132825 |
| Fifty Two Week Range | 4.97 - 20.68 |
| First Trade Date Milliseconds | 1,227,105,000,000 |
| Five Year Average Return | -0.2903887 |
| Full Exchange Name | NYSEArca |
| 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, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. It is non-diversified. |
| Long Name | Direxion Daily Small Cap Bear 3X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_51234797 |
| Nav Price | 5.081 |
| Net Assets | 265,484,032.0 |
| Net Expense Ratio | 0.99 |
| Open | 5.205 |
| Phone | 866-476-7523 |
| Post Market Change | -0.009999752 |
| Post Market Change Percent | -0.19684552 |
| Post Market Price | 5.07 |
| Post Market Time | 1,776,470,398 |
| Previous Close | 5.43 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.35 |
| Regular Market Change Percent | -6.44567 |
| Regular Market Day High | 5.24 |
| Regular Market Day Low | 4.97 |
| Regular Market Day Range | 4.97 - 5.24 |
| Regular Market Open | 5.205 |
| Regular Market Previous Close | 5.43 |
| Regular Market Price | 5.08 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 166,522,224 |
| Short Name | Direxion Small Cap Bear 3X ETF |
| Source Interval | 15 |
| Symbol | TZA |
| Three Year Average Return | -0.43129182 |
| Total Assets | 265,484,032 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.5634 |
| Trailing Three Month Returns | -5.5634 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.91765 |
| Two Hundred Day Average Change | -2.8376503 |
| Two Hundred Day Average Change Percent | -0.35839552 |
| Type Disp | ETF |
| Volume | 166,522,224 |
| Yield | 0.0305 |
| Ytd Return | -5.5634 |