TZA
Direxion Daily Small Cap Bear 3X SharesETF · Leveraged and Inverse$42.93-1.06%
as of market close, Sep 11, 2026
☾ AH $42.79 -0.33%
Direxion Daily Small Cap Bear 3X Shares returns by year
Through September 11, 2026
Direxion Daily Small Cap Bear 3X Shares returns by year (2009–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return). Every year has a direct link you can bookmark or share.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $75.1 | $42.93 | +1.1% | -41.7% | |
| 2025 | $129.7 | $75.1 | +1.9% | -40.2% | |
| 2024 | $199.5 | $129.7 | +2.8% | -32.2% | |
| 2023 | $352.1 | $199.5 | +2.1% | -41.2% | |
| 2022 | $270.4 | $352.1 | +0.0% | +30.2% | |
| 2021 | $549.6 | $270.4 | +0.0% | -50.8% | |
| 2020 | $2,810 | $549.6 | +0.0% | -80.4% | |
| 2019 | $6,088 | $2,810 | +0.6% | -53.2% | |
| 2018 | $4,908 | $6,088 | +1.0% | +25.1% | |
| 2017 | $7,940 | $4,908 | +0.0% | -38.2% | |
| 2016 | $18,000 | $7,940 | +0.0% | -55.9% | |
| 2015 | $19,200 | $18,000 | +0.0% | -6.3% | |
| 2014 | $27,152 | $19,200 | +0.0% | -29.3% | |
| 2013 | $86,400 | $27,152 | +0.0% | -68.6% | |
| 2012 | $169,472 | $86,400 | +0.0% | -49.0% | |
| 2011 | $299,712 | $169,472 | +0.0% | -43.5% | |
| 2010 | $946,560 | $299,712 | +0.0% | -68.3% | |
| 2009 | $4,597,440 | $946,560 | +0.0% | -79.4% |
- Annualized
- -48.5%
- 2009–2026
- Average year
- -40.1%
- 17 full years
- Best year
- +30.2%
- 2022
- Worst year
- -80.4%
- 2020
- Positive years
- 2/17
- 12% up
Annualized (CAGR)
-48.5%
2009–2026
Average year
-40.1%
17 full years
Best year
+30.2%
2022
Worst year
-80.4%
2020
Positive years
2/17
12% up
Total return by period#
Annual
-50%0%50%
2009-79%'09
2010-68%
2011-43%'11
2012-49%
2013-69%'13
2014-29%
2015-6.3%'15
2016-56%
2017-38%'17
2018+25%
2019-53%'19
2020-80%
2021-51%'21
2022+30%
2023-41%'23
2024-32%
2025-40%'25
2026-42%
Methodology#
Returns are total returns (dividends reinvested), computed from TZA's split- and dividend-adjusted closes. The bar chart switches between annual and monthly periods. Annualized return is the compound annual growth rate over the full period. The current year is year-to-date. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Direxion Daily Small Cap Bear 3X Shares's average annual return?
- Since 2009, Direxion Daily Small Cap Bear 3X Shares (TZA) has returned about -48.5% a year (the compound annual growth rate) and an average calendar-year return of -40.1%.
- What were Direxion Daily Small Cap Bear 3X Shares's best and worst years?
- Over 2009–2026, the best year was 2022 (+30.2%) and the worst was 2020 (-80.4%).
- How often is Direxion Daily Small Cap Bear 3X Shares up in a year?
- 2 of the 17 full years since 2009 were positive — about 12% of the time.
More on Direxion Daily Small Cap Bear 3X Shares
Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100