If you invested $1,000 in TZA — what it would be worth today
$1,000
once in
Dollar-cost averaging invests the same amount every period, so the chart compares value against what you put in.January 2016
Priced at a real closing price — the month's last trading day, or that exact day's close when you pick one.today
Monthly data: valued at the closing price on the last trading day of that month.A $1,000 investment in Direxion Daily Small Cap Bear 3X Shares (TZA) in January 2016 would be worth $2.00 as of September 2026 with dividends reinvested — -43.8% a year. Use the dropdowns above to try any amount or starting month back to November 2008.
Over the same period, the same $1,000 would be worth $4,680 in the S&P 500 (SPY) and $7,409 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— monthly
Direxion Daily Small Cap Bear 3X Shares (TZA). Total return approximated via dividend- and split-adjusted closes (no taxes or fees). Not investment advice.
What $1,000 in TZA would be worth today, by starting month— each bar = one starting month, held to today
$1,000 invested in TZA, by year— dividends reinvested, held to today
| Invested in | Worth today | Multiple | Annualized |
|---|---|---|---|
| 2016 | $2.00 | 0.0× | -43.8% |
| 2017 | $6.00 | 0.0× | -40.9% |
| 2018 | $11.00 | 0.0× | -40.7% |
| 2019 | $11.00 | 0.0× | -44.5% |
| 2020 | $16.00 | 0.0× | -46.6% |
| 2021 | $105 | 0.1× | -33.0% |
| 2022 | $139 | 0.1× | -34.9% |
| 2023 | $185 | 0.2× | -37.3% |
| 2024 | $210 | 0.2× | -45.0% |
| 2025 | $374 | 0.4× | -45.7% |
Methodology
Investments are assumed made at the chosen month's last trading day close, or that exact day's close when a day is picked. "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 September 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 $2.00 as of September 2026, with dividends reinvested. That works out to about -43.8% 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.