TZA
Direxion Daily Small Cap Bear 3X Shares
Direxion Shares ETF Trust
ETFIndex fund

Average annual returns

Through 2025 · incl. N-PORT-derived 2025
1 year
-40.49%
3 year
-38.04%
5 year
-31.42%
10 year
-41.41%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

2025 onward derived from N-PORT monthly returns

Risk statistics

81 months through April 30, 2026
Volatility (ann.)
58.30%
Sharpe
-0.77
Sortino
-0.97
Max drawdown
-98.83%
Best month
32.54%
Worst month
-43.30%

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.