If you invested $1,000 in TZA — what it would be worth today
A $1,000 investment in Direxion Daily Small Cap Bear 3X Shares (TZA) in January 2016 would be worth $2 as of July 2026 with dividends reinvested — -44.9% a year. Use the dropdowns above to try any amount, ticker, or starting month back to November 2008.
Over the same period, the same $1,000 would be worth $4,545 in the S&P 500 (SPY) and $7,377 in the Nasdaq-100 (QQQ). TZA trailed both the S&P 500 and the Nasdaq-100 over that period.
Growth of $1,000 in TZA since January 2016#
monthlyDirexion Daily Small Cap Bear 3X Shares (TZA). Total return approximated via dividend- and split-adjusted closes (no taxes or fees). Not investment advice.
Growth of $1,000 in TZA by starting month#
$1,000 invested in TZA, by starting year#
| Invested in | Worth today | Same in QQQ | Multiple | Annualized |
|---|---|---|---|---|
| 2016 | $2 | $7,377 | 0.0× | -44.9% |
| 2017 | $6 | $6,099 | 0.0× | -42.1% |
| 2018 | $10 | $4,444 | 0.0× | -42.2% |
| 2019 | $10 | $4,439 | 0.0× | -46.1% |
| 2020 | $14 | $3,380 | 0.0× | -48.4% |
| 2021 | $95 | $2,337 | 0.1× | -35.2% |
| 2022 | $125 | $2,015 | 0.1× | -37.5% |
| 2023 | $167 | $2,465 | 0.2× | -40.8% |
| 2024 | $190 | $1,730 | 0.2× | -49.7% |
| 2025 | $338 | $1,373 | 0.3× | -53.5% |
Methodology#
Investments are assumed made at the first trading day's close of the chosen year. "Dividends reinvested" uses split- and dividend-adjusted closes (a standard total-return approximation; taxes and fees excluded). "Price-only" uses split-adjusted closes. TZA data begins November 2008; values as of July 2026 and refresh daily. Past performance does not predict future returns; not investment advice.
See the live TZA chart and fundamentals on the TZA quote page or compare with the same investment in SPY.
FAQ
- How much would $1,000 invested in TZA be worth today?
- A $1,000 investment in Direxion Daily Small Cap Bear 3X Shares (TZA) in January 2016 would be worth about $2 as of July 2026, with dividends reinvested. That works out to about -44.9% a year.
- How far back does the TZA calculation go?
- TZA data begins November 2008. You can pick any starting month from then to the present and see what your investment would be worth today.
- Does this include dividends?
- Yes. The default "dividends reinvested" view uses split- and dividend-adjusted closing prices — a standard total-return approximation that excludes taxes and fees. A price-only view (split-adjusted, no dividends) is also available.