44.65 +0.38 (0.86%)
After hours: 7:56PM EDT
|Bid||44.27 x 2200|
|Ask||44.68 x 3200|
|Day's Range||43.22 - 45.06|
|52 Week Range||40.15 - 93.45|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-3.70|
|Expense Ratio (net)||1.11%|
Perhaps surprisingly, there has not been any unusual activity recently in the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA). TZA is designed to deliver triple the daily inverse returns of the Russell 2000 Index. Sure, some of those companies can get away with mounting debt with interest rates being low, but in an environment where investors are prizing quality traits, big piles of liabilities could keep some investors away from small caps.
Have small-cap stocks exhausted their record-breaking start to 2019? Use these three inverse small-cap ETFs play the return of the bear.
NEW YORK , May 24, 2019 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Mid Cap Bear 3X Shares, Direxion Daily Small Cap ...
Bouts of volatility and uncertainty have raised the appeal of leveraged and inverse leveraged ETFs in March for huge gains in a short span.
Small-cap stocks and exchange-traded funds surged to start 2019, but the widely followed Russell 2000 Index is lower by more than 4 percent over the past week. Such strategies include the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA), the premier inverse leveraged small-cap ETF. TZA is designed to deliver triple the daily inverse returns of the Russell 2000 Index.
The Russell 2000 Index is snapping out of its fourth-quarter slump. After tumbling in the last three months of 2018, leading small-cap stocks into a bear market, the Russell 2000 is up 10.5 percent to ...
The Russell 2000 Index, one of the most widely gauges of domestic small-cap stocks, tumbled 2.55 percent Monday. The Russell 2000 is sporting a fourth-quarter loss of over 19 percent. TNA tries to deliver triple the daily returns of the Russell 2000, a strategy that is not working these days as highlighted by TNA's December decline of more than 24 percent.
Market volatility is back. Here is what investors need to know about using inverse & leveraged ETFs to make money from wild swings.
One of the big stories from Wednesday's rally was the rebound in small-cap equities and exchange traded funds. The once thriving asset class entered the day scuffling with the iShares Russell 2000 ETF ...
The iShares Russell 2000 ETF (IWM) , the largest exchange traded fund tracking smaller companies, and other small-cap ETFs have been under pressure in the fourth quarter. Now, some technical challenges are mounting for some small-cap funds. Saddled with a fourth-quarter loss of just over 8%, IWM is close to seeing a death cross, the technical scenario where a security's 50-day moving average dips below its 200-day moving average.
For a good part of 2018, small-cap stocks and the related exchange traded funds were a popular trade as some market observers opined that the strong dollar and rising interest rates would benefit smaller equities. TNA looks to deliver triple the daily returns of the Russell 2000 Index. Furthermore, a stronger U.S. dollar and concerns over weaker global growth are also driving investors toward smaller company stocks that tend to earn most of their money from a still growing domestic economy.
For a good part of 2018, small-cap stocks and the related exchange traded funds were a popular trade as some market observers opined that the strong dollar and rising interest rates would not weigh on smaller companies. Due to the domestic focus of small-cap companies, it was also believed these stocks would be less vulnerable to global trade spats, but recent price action in the group suggests otherwise. In recent weeks, one of the best-performing small-cap ETFs has been the Direxion Daily Small Cap Bear 3X Shares (TZA) .
Small-cap stocks and ETFs, such as the iShares Russell 2000 ETF (NYSEArca: IWM), were already retreating prior to last week’s equity market slump, but those declines pressured smaller stocks in a big way. ...
Ryan McQueeney is joined by Zacks Strategists Tracey Ryniec and Kevin Cook to discuss recent stock market selloffs and inflation concerns. The value and technical experts offer fresh perspectives on buying the dip, reading the charts, and interpreting the latest CPI read.
The leveraged and inverse leveraged space has grabbed investors' attention at the start of October in order to magnify returns on quick market turns.