TZA
$46.41-3.45%
as of close, Oct 27, 2026
☾ AH $46.41 -3.45%
Direxion Daily Small Cap Bear 3X SharesETF · Leveraged and Inverse
Direxion Daily Small Cap Bear 3X Shares total returns by year (including dividends)
As of market close, Oct 27, 2026
Direxion Daily Small Cap Bear 3X Shares total 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 | $75.10 | $46.41 | 1.9% | -36.3% | |
| 2025 | $129.70 | $75.10 | 1.9% | -40.2% | |
| 2024 | $199.50 | $129.70 | 2.8% | -32.2% | |
| 2023 | $352.10 | $199.50 | 2.1% | -41.2% | |
| 2022 | $270.40 | $352.10 | 0.0% | +30.2% | |
| 2021 | $549.60 | $270.40 | 0.0% | -50.8% | |
| 2020 | $2,810.40 | $549.60 | 0.0% | -80.4% | |
| 2019 | $6,088.00 | $2,810.40 | 0.6% | -53.2% | |
| 2018 | $4,908.00 | $6,088.00 | 1.0% | +25.1% | |
| 2017 | $7,940.00 | $4,908.00 | 0.0% | -38.2% | |
| 2016 | $18,000.00 | $7,940.00 | 0.0% | -55.9% | |
| 2015 | $19,200.00 | $18,000.00 | 0.0% | -6.3% | |
| 2014 | $27,152.00 | $19,200.00 | 0.0% | -29.3% | |
| 2013 | $86,400.00 | $27,152.00 | 0.0% | -68.6% | |
| 2012 | $169,472.00 | $86,400.00 | 0.0% | -49.0% | |
| 2011 | $299,712.00 | $169,472.00 | 0.0% | -43.5% | |
| 2010 | $946,560.00 | $299,712.00 | 0.0% | -68.3% | |
| 2009 | $4,597,440.00 | $946,560.00 | 0.0% | -79.4% |
- Annualized
- -48.0%
- 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)
-48.0%
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
2026-36%
Methodology#
Total returns, dividends reinvested, measured on TZA. Annualized return is the compound annual growth rate; the current year is year-to-date. Past performance does not predict future returns.
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 -48.0% 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