TZA vs. SBB ETF Comparison

Comparison of Direxion Small Cap Bear 3X Shares (TZA) to ProShares Short SmallCap600 (SBB)

TZA

Direxion Small Cap Bear 3X Shares

TZA Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000Â® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000Â® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.32

Average Daily Volume

22,100,636

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SBB

ProShares Short SmallCap600

SBB Description

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.93

Average Daily Volume

4,914

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TZA	SBB
30 Days	-4.73%	-2.62%
60 Days	0.50%	-0.75%
90 Days	-8.70%	-2.50%
12 Months	-44.29%	-13.43%

10 Overlapping Holdings

Symbol	Grade	Weight in TZA	Weight in SBB	Overlap
BLD	D	0.17%	0.48%	0.17%
CBU	B	0.17%	0.46%	0.17%
DAR	D	0.22%	0.61%	0.22%
EXPO	B	0.17%	0.47%	0.17%
GBCI	C	0.18%	0.49%	0.18%
JBT	F	0.17%	0.47%	0.17%
NEOG	F	0.17%	0.47%	0.17%
OMCL	C	0.17%	0.46%	0.17%
SSD	D	0.17%	0.43%	0.17%
VIAV	F	0.17%	0.46%	0.17%

TZA Overweight 77 Positions Relative to SBB

Symbol	Grade	Weight
NVCR	D	0.38%
TDOC	F	0.32%
GNRC	B	0.3%
LITE	F	0.28%
AMED	C	0.27%
TREX	D	0.27%
HAE	B	0.27%
ARWR	F	0.25%
POR	B	0.25%
RGEN	F	0.25%
REXR	D	0.25%
PFGC	D	0.25%
SAIC	C	0.25%
VAC	D	0.25%
FR	D	0.25%
ESNT	C	0.24%
HQY	D	0.24%
CHDN	B	0.24%
RDN	C	0.24%
SLAB	D	0.24%
EGP	D	0.24%
CHGG	F	0.24%
MSA	C	0.23%
EME	A	0.23%
TTEK	B	0.23%
ACAD	F	0.23%
DECK	D	0.23%
CRUS	A	0.23%
BKH	B	0.23%
OGS	C	0.23%
HELE	F	0.22%
BCO	B	0.22%
BXMT	D	0.22%
MMS	C	0.22%
FIVN	F	0.21%
FCN	B	0.21%
VLY	F	0.21%
FFIN	C	0.21%
SR	B	0.2%
KBR	B	0.2%
SBRA	A	0.2%
ACIW	A	0.2%
AXON	B	0.2%
ALE	B	0.2%
STAG	D	0.2%
SF	A	0.2%
BPMC	A	0.19%
RHP	D	0.19%
BLKB	B	0.19%
SIGI	F	0.19%
GMED	C	0.19%
PNM	C	0.19%
MRCY	D	0.19%
AAN	D	0.19%
SWX	A	0.19%
LPX	A	0.18%
TRNO	F	0.18%
RLI	A	0.18%
NWE	B	0.18%
HWC	B	0.18%
TXRH	B	0.18%
THC	A	0.18%
MTZ	B	0.18%
QTWO	A	0.18%
CBRL	F	0.18%
TNDM	B	0.18%
SITE	F	0.18%
VRNT	B	0.18%
NJR	B	0.18%
TGNA	D	0.18%
NHI	A	0.17%
ASGN	D	0.17%
NVRO	F	0.17%
SMTC	A	0.17%
DOC	A	0.17%
RH	D	0.17%
UBSI	D	0.17%

TZA Underweight 82 Positions Relative to SBB

Symbol	Grade	Weight
STRA	A	-0.45%
BCPC	C	-0.44%
NEO	D	-0.43%
SHOO	D	-0.42%
AVA	B	-0.42%
SKYW	B	-0.42%
B	C	-0.41%
AWR	C	-0.41%
UNF	D	-0.41%
LAD	D	-0.41%
ONB	A	-0.4%
AMN	C	-0.4%
CNMD	F	-0.4%
CCOI	F	-0.39%
ADC	B	-0.39%
POWI	C	-0.39%
ITRI	A	-0.39%
UFPI	C	-0.38%
SFNC	D	-0.38%
MOG.A	A	-0.38%
BRC	B	-0.37%
CVBF	C	-0.37%
PRLB	D	-0.37%
ITGR	D	-0.37%
WTS	C	-0.36%
JJSF	B	-0.36%
QLYS	F	-0.36%
AEIS	D	-0.36%
ABCB	B	-0.36%
CROX	C	-0.36%
INDB	C	-0.35%
WING	A	-0.35%
WWW	B	-0.35%
LCII	D	-0.35%
COLB	C	-0.35%
ABM	B	-0.34%
WDFC	D	-0.34%
FOXF	F	-0.34%
LXP	D	-0.34%
SEM	A	-0.33%
ESE	B	-0.33%
AEL	A	-0.33%
IOSP	C	-0.33%
AIT	C	-0.33%
IRDM	D	-0.33%
ARI	F	-0.33%
ROG	C	-0.32%
CWT	B	-0.32%
MEDP	D	-0.32%
MNRO	F	-0.32%
GTLS	B	-0.32%
FUL	C	-0.32%
SAIA	F	-0.32%
NSIT	A	-0.32%
LPSN	F	-0.32%
AIN	D	-0.31%
SANM	B	-0.31%
HI	D	-0.31%
DIOD	B	-0.31%
EBS	C	-0.31%
IVR	B	-0.31%
EXLS	C	-0.31%
FN	C	-0.31%
FELE	D	-0.3%
PMT	B	-0.3%
SPXC	A	-0.3%
ALGT	F	-0.3%
MTH	A	-0.3%
ENSG	D	-0.3%
KFY	C	-0.3%
FFBC	B	-0.3%
ACA	B	-0.29%
AAT	B	-0.29%
DORM	D	-0.29%
NMIH	A	-0.29%
PLXS	B	-0.29%
XHR	D	-0.29%
KWR	D	-0.28%
PRGS	F	-0.28%
FBP	A	-0.28%
AKR	B	-0.28%
NWN	B	-0.28%