Direxion Daily Small Cap Bear 3x SharesTZA
TZA
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $49.8M | Put options by funds: $19.8M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
6% more funds holding
Funds holding: 33 [Q4 2024] → 35 (+2) [Q1 2025]
3.66% less ownership
Funds ownership: 21.24% [Q4 2024] → 17.58% (-3.66%) [Q1 2025]
5% less capital invested
Capital invested by funds: $52.4M [Q4 2024] → $49.6M (-$2.76M) [Q1 2025]
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for TZA.
Financial journalist opinion
Positive
ETF Trends
4 days ago
2 Small-Cap ETFs to Add to the Trader Toolbox
With the S&P 500 back in positive territory after April's tariff tantrum, small-caps have yet to catch up. When the uptrend starts or stalls, Direxion Investments has a pair of leveraged/inverse funds to ponder for small-cap plays.
Positive
Seeking Alpha
2 weeks ago
TZA: Trade It By All Means But Don't Hold It
TZA is a 3x leveraged inverse ETF tracking the Russell 2000, designed for daily trading, not long-term investing. Holding TZA over multiple days leads to losses due to daily resets and derivative time decay, especially in volatile markets. TZA can be useful for short-term speculation or as a hedge, but it's unsuitable for buy-and-hold strategies.
Positive
Zacks Investment Research
1 month ago
5 Leveraged/Inverse ETFs That Gained More Than 25% in April
Market volatility boosts demand for leveraged and inverse-leveraged ETFs. A few of them gained more than 25% last month.
Negative
Seeking Alpha
3 months ago
TZA: A Weapon Of Choice To Profit From Small-Cap Weakness
Small caps are in trouble, and TZA is one of my preferred ways to try to profit from that. The other is owning puts on IWM, the index ETFs that TZA essentially shorts at a 3:1 ratio. But options are on the verge of getting expensive as volatility spikes. TZA and other -3X ETFs require investors to do their homework, to understand the risks of both inverse and leveraged ETFs.
Neutral
ETF Trends
3 months ago
Top Performing Leveraged/Inverse ETFs: 03/02/2025
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Neutral
ETF Trends
3 months ago
Top Performing Leveraged/Inverse ETFs: 02/23/2025
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Neutral
ETF Trends
4 months ago
Higher Volatility Could Pave the Way for Small-Cap Strength
A new presidential administration and an inflection point for the Federal Reserve are adding a high degree of uncertainty to the market. That could bring forth heightened volatility.
Neutral
ETF Trends
4 months ago
Top Performing Leveraged/Inverse ETFs: 01/12/2025
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Positive
ETF Trends
6 months ago
Small-Caps Stocks Looked Primed for Year-End Rally
A Santa Claus rally can benefit all market capitalization sizes, including small-caps. The Russell 2000 index is already up more than 20% for the year.
Positive
ETF Trends
7 months ago
Small-Caps Having Their Own Post-Election Moment
The prime indicator of small-cap performance, the Russell 2000, is up almost 9% the past five days. As such, small-cap equities are having their own post-election rally and it could sustain itself through the rest of the year and beyond.
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