Direxion Daily Small Cap Bull 3x Shares

Three times the daily move of the Russell 2000 is what TNA is engineered to deliver. The Russell 2000 tracks around 2,000 small US companies, a group that already swings harder than large caps, and Direxion amplifies that with 3x daily leverage built from swaps and futures. The result is a high-octane way to bet that small caps will rally, popular with short-term traders during risk-on runs. As with every geared fund, the leverage is reset each day, so returns over weeks or months reflect the path the market took, not a simple tripling of the index. Sideways, whipsaw markets are especially costly because the daily compounding erodes value. It is a trading vehicle, not a position to tuck away, and it carries a correspondingly high expense ratio.

On MyRWA, TNA trades tokenized across 1 on-chain venue - see the listings below.