TZA returns by year
Direxion Daily Small Cap Bear 3X Shares has returned -49.2% annually (CAGR) since 2009. Calendar-year, monthly and weekly total returns for Direxion Daily Small Cap Bear 3X Shares (TZA) below, through July 2, 2026 — the most recent year is year-to-date.
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).
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $7.51 | $3.92 | +0.5% | -47.3% | |
| 2025 | $12.97 | $7.51 | +1.9% | -40.2% | |
| 2024 | $19.95 | $12.97 | +2.7% | -32.3% | |
| 2023 | $35.21 | $19.95 | +2.1% | -41.2% | |
| 2022 | $27.04 | $35.21 | +0.0% | +30.2% | |
| 2021 | $54.96 | $27.04 | +0.0% | -50.8% | |
| 2020 | $281.04 | $54.96 | +0.0% | -80.4% | |
| 2019 | $608.80 | $281.04 | +0.6% | -53.2% | |
| 2018 | $490.80 | $608.80 | +1.0% | +25.1% | |
| 2017 | $794.00 | $490.80 | +0.0% | -38.2% | |
| 2016 | $1,800 | $794.00 | +0.0% | -55.9% | |
| 2015 | $1,920 | $1,800 | +0.0% | -6.2% |
Total return by period
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. See also the periodic table of returns. Past performance does not predict future returns; not investment advice.
See also: S&P 500 · Nasdaq-100 · Dow Jones · Russell 2000 · US Bond Market · Gold · Silver · Bitcoin · Ethereum
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 -49.2% 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.