|Direxion Daily Small Cap Bear 3X Shares|
|The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000Â® 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 3000Â® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.|
| ||TZA||Category Avg|
|Annual Report Expense Ratio (net)||0.89%||N/A|
|Annual Holdings Turnover||N/A||N/A|
|Total Net Assets||NaN||N/A|