Direxion Daily Small Cap Bull 3x Shares
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
51% more call options, than puts
Call options by funds: $380M | Put options by funds: $252M
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
4% more funds holding
Funds holding: 97 [Q3] → 101 (+4) [Q4]
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
2.98% less ownership
Funds ownership: 10.02% [Q3] → 7.04% (-2.98%) [Q4]
31% less capital invested
Capital invested by funds: $258M [Q3] → $179M (-$78.8M) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for TNA.
Financial journalist opinion
Neutral
ETF Trends
1 month ago
Higher Volatility Could Pave the Way for Small-Cap Strength
A new presidential administration and an inflection point for the Federal Reserve are adding a high degree of uncertainty to the market. That could bring forth heightened volatility.
Positive
Seeking Alpha
1 month ago
TNA: Small Caps Remain Cheap At The Start Of 2025
The Direxion Daily Small Cap Bull 3X Shares ETF seeks to deliver 300% (3x) the return of the Russell 2000 index. Russell 2000 components currently trade at a trailing earnings yield of roughly 6.2%, well above the S&P 500's 4.10% forward earnings yield. The outlook for Russell 2000 earnings growth is bright thanks to a strong US economy, a low payout ratio, and benefits from Fed policy normalization.
Positive
ETF Trends
3 months ago
Small-Caps Stocks Looked Primed for Year-End Rally
A Santa Claus rally can benefit all market capitalization sizes, including small-caps. The Russell 2000 index is already up more than 20% for the year.
Neutral
ETF Trends
3 months ago
Top Performing Leveraged/Inverse ETFs: 11/10/2024
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Positive
ETF Trends
4 months ago
Small-Caps Having Their Own Post-Election Moment
The prime indicator of small-cap performance, the Russell 2000, is up almost 9% the past five days. As such, small-cap equities are having their own post-election rally and it could sustain itself through the rest of the year and beyond.
Positive
Seeking Alpha
4 months ago
TNA: Small Caps Set To Benefit From Fed Tailwinds In Q4 2024
The Direxion Daily Small Cap Bull 3X Shares ETF (TNA) seeks to deliver 300% of the daily performance of the Russell 2000 index. Russell 2000 companies issue more floating rate debt relative to S&P 500 components - a key tailwind during Fed easing. Lower valuations and a smaller payout ratio are likely to drive Russel 2000 outperformance over the medium term.
Positive
ETF Trends
5 months ago
As Rate-Cutting Cycle Begins, Consider Trading Midcaps
With large-caps getting most of 2024's attention, traders may be overlooking one area that could offer opportunities. In the Fed's rate-cutting cycle, traders may also want to pay attention to midcaps.
Neutral
Seeking Alpha
5 months ago
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has shown volatility but is stabilizing; patience is advised by The Sunday Investor as its high-quality selections might perform well. The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) offers a 4.07% yield but lacks complexity according to MacroGirl; consider alternatives like PEY.
Negative
ETF Trends
6 months ago
Direxion's Ed Egilinsky Talks Small-Caps, Growth & More
Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.
Positive
Benzinga
6 months ago
EXCLUSIVE: Are Small-Cap Stocks Ready For A Rebound? Leveraged ETF Data Signals A Bullish Trend, Says Expert
As investors navigate an unpredictable market landscape, small-cap stocks might be on the brink of a resurgence. With the Federal Reserve signaling potential rate cuts, the conditions could soon favor companies that thrive on lower borrowing costs.
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