Key stats
About Direxion Small Cap Bull 3X Shares
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Inception date
Nov 5, 2008
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
TNA offers 3x leveraged exposure to nearly 2000 US small-cap companies as defined by the Russell 2000. The underlying index specifically contains the 1001st through the 3000th securities pulled from the Russell 3000 index, which covers approximately 10% of its total market capitalization. The fund may invest in securities across various sectors and industry groups without any bias. Selected securities are then weighted by market-cap. As a levered product with daily resets, TNA is not a buy-and-hold ETF, it’s a short-term tactical instrument. Like many levered funds, it delivers its headline 3x exposure for only one day at a time. As a result, Long-term returns could materially differ from those of the underlying index due to daily compounding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF67.51%
Cash32.49%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TNA last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 70.16% decrease.
TNA assets under management is 1.86 B USD. It's risen 11.70% over the last month.
TNA fund flows account for 295.56 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TNA pays dividends to its holders with the dividend yield of 1.57%. The last dividend (Apr 1, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
TNA shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Nov 5, 2008, and its management style is Passive.
TNA expense ratio is 1.03% meaning you'd have to pay 1.03% of your investment to help manage the fund.
TNA follows the Russell 2000. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TNA invests in funds.
TNA price has risen by 17.17% over the last month, and its yearly performance shows a −22.40% decrease. See more dynamics on TNA price chart.
NAV returns, another gauge of an ETF dynamics, showed a −21.23% decrease in three-month performance and has decreased by −19.61% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −21.23% decrease in three-month performance and has decreased by −19.61% in a year.
TNA trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.