Direxion Daily Small Cap Bull 3x Shares (Ticker: TNA) is an aggressively leveraged exchange-traded fund (ETF) designed for the daring investor seeking amplified exposure to the dynamic world of small-cap equities. As a specialized financial instrument, TNA focuses on the Size and Style category, specifically targeting the small-cap segment within a broad-based niche. This ETF seeks to deliver triple (3x) the daily performance of the Russell 2000 Index, a benchmark renowned for its comprehensive representation of small-cap stocks across various sectors.
Ideal for sophisticated traders with a high-risk tolerance, TNA offers the potential for significant short-term capital gains by leveraging its assets to maximize returns from market movements. However, it's crucial to note that this increased exposure also carries a heightened level of risk, making it most suitable for investors who have a robust understanding of market volatility and are prepared for potential rapid fluctuations in asset value.
Investors interested in the small-cap realm often appreciate the growth potential these smaller companies can offer, as they are typically more nimble and capable of innovative advancements compared to their larger counterparts. TNA stands out in the ETF landscape by providing a powerful tool to capitalize on the small-cap sector's unique opportunities, making it an intriguing option for those aiming to enhance their portfolio's performance through strategic, short-term trades.
Direxion Daily Small Cap Bull 3x Shares (TNA) Fund Flow Chart
Direxion Daily Small Cap Bull 3x Shares (TNA) 1 year Net Flows: -432M