Direxion Daily Small Cap Bear 3x Shares (TZA)

• Market cap: $295M
• 1 day: 0.35%
• 5 days: -2.37%
• 1 month: -13.33%
• 3 months: -32.37%
• 6 months: -46.04%
• Year to date: -33.2%
• 1 year: -39.89%
• 5 years: -93.17%
• 10 years: -99.51%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 6

0% more funds holding

Funds holding: 35 [Q1] → 35 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

8.64% less ownership

Funds ownership: 17.58% [Q1] → 8.94% (-8.64%) [Q2]

13% less call options, than puts

Call options by funds: $28.4M | Put options by funds: $32.8M

51% less capital invested

Capital invested by funds: $49.6M [Q1] → $24.4M (-$25.3M) [Q2]