Data Query
TZA
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| Net Asset Value: | Change: | Change: |
USD 32.06 | USD 1.58 | 4.94% |
| Price | Change: | Change: |
USD 31.98 | USD 1.50 | 4.68% |
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.
Holdings
| Top 10 Holdings | |
| Russ 2000 Indx Small Swap | 81.15% |
| Russ 2000 Indx Small Swap | 59.87% |
| Russ 2000 Indx Small Swap | 45.26% |
| Russ 2000 Indx Small Swap | 42.48% |
| Russ 2000 Indx Small Swap | 41.17% |
| Russ 2000 Indx Small Swap | 38.94% |
| Weighting | 308.88% |
| As of 04/30/2013 | |
Holdings - Country Allocation |
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| Holdings - Sector Breakdowns |
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Historical NAV Performance (%)
1-Day | 1-Week | 1-Mo | 3-Mo | YTD | 1-Yr |
4.94 | 1.55 | -1.44 | -18.50 | -32.69 | -49.99 |
| Cumulative | |||||
2012 | 2011 | 2010 | 2009 | 3 Yr* | 5 Yr* |
-49.02 | -43.46 | -68.34 | -79.41 | -53.23 | N/A |
| Annual/Annualized | |||||
Portfolio & Management
| Fundamentals | |
| Dividend Yield (% p.a): | 0.00 |
| Sharpe Ratio 3Yr: | -1.12 |
| r-Squared (3 Yr): | 88.19 |
| Std Dev 3 Year: | 52.90 |
| Alpha: | -15.78 |
| Beta: | -3.31 |
| Dividend Frequency: | Quarterly |
| Portfolio Characteristics | |
| Assets Under Management: | 904,269,124 |
| Exp Ratio: | 1.01 |
| Number of Holdings: | 14 |
| Management | |
| Issuing Company: | Direxion Funds |
| Inc Date: | 2008-11-05 |
| Trading Symbols: | TZA |
| Trading & Liquidity |
Related Articles
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