Direxion FundsLeveraged EquityTNA · NYSE Arca

Direxion Daily Small Cap Bull 3X ETF (TNA)

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Price: $64.81; —11 Sept 2026
Assets: $1.2B; Total net assets
Expense ratio: 1.05%; Category 0.00%
Yield: 0.30%; Trailing distributions

1Y return: 45.8%+13.5%; Category 32.3%
3Y CAGR: 27.0%+1.6%; Category 25.3%
5Y CAGR: -4.8%-10.9%; Category 6.1%

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Direxion Daily Small Cap Bull 3X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-14.2%	-6.9%	+48.1%	+42.6%	+45.8%	+27.0%	-4.8%	+6.3%	+15.6%
Leveraged Equity average	-3.1%	-7.2%	21.2%	13.2%	32.3%	25.3%	6.1%	9.5%	-5.3%
Difference	-11.1%	+0.3%	+27.0%	+29.3%	+13.5%	+1.6%	-10.9%	-3.2%	+20.8%

Holdings

The 1 largest positions make up 23.1% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
IWM	iShares Russell 2000 ETF	23.08%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 17.3
P/B: 2.1
P/S: 1.3
P/CF: 9.7

Sector allocation

Share of the equity the fund holds.

Health care20.9%
Financial services18.1%
Technology13.7%
Industrials13.3%
Consumer discretionary9.0%
Real estate6.6%
Energy6.4%
Materials4.5%
Utilities2.7%
Consumer staples2.7%
Communication services2.3%

Asset mix

Other75.9%
Stocks23.0%
Cash1.2%

ETF details

Issuer: Direxion Funds
Category: Equity · Leveraged Equity
Ticker: TNA
Exchange: NYSE Arca
Inception: 5 Nov 2008 (17.8 years)
Structure: Exchange Traded Fund
Expense ratio: 1.05% (category 0.00%)
Holdings turnover: 188%
Distribution yield: 0.30%
Beta, 3 years: 3.78
Total net assets: $1.2B

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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