Direxion Daily Small Cap Bull 3X ETF (TNA)
TNA's 117% One-Year Surge Masks a Brutal Truth: Volatility Decay Cost Holders 10.88% Over Five Years as the Russell 2000 Climbed
Small-cap bulls are having their moment, and one leveraged fund has turned that moment into a spectacle.

Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Shares Cross Above Two Hundred Day Moving Average – Here’s Why
Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA - Get Free Report) passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $59.85 and traded as high as $75.41. Direxion Daily Small Cap Bull 3X Shares shares last traded at $74.97, with

TNA: Small-Caps May Have Near-Term Turbulence Before Returning To Growth
Direxion Daily Small Cap Bull 3X ETF is rated Buy, capitalizing on moderating inflation and a bullish small-cap outlook for 2026. TNA offers 3x daily exposure to the Russell 2000, benefiting from expected rate stability and potential AI-driven operational improvements. Investors should use TNA primarily for daily trading, as long-term holding risks NAV erosion and compounded losses due to leverage.

Adia Nutrition, Inc. Drops Explosive Sneak Peek of Upcoming Documentary Featuring TNA Wrestling Star Jeff Sciullo (Elias)
Winter Park, Florida--(Newsfile Corp. - June 2, 2026) - Adia Nutrition, Inc. (OTCQB: ADIA) is thrilled to announce that the powerful new documentary showcasing TNA Wrestling star and former WWE superstar Jeff Sciullo, known to fans worldwide as Elias (or Elijah), is in final editing and racing toward release! Wrestler's Tricep Tears Off Bone During Match!
This Small-Cap Options Trade Profits Regardless of Market Direction
Selling option premium is a very simple but lucrative income strategy.
TNA: Small-Caps Gain Momentum Over Mega-Cap Growth
Direxion Daily Small Cap Bull 3x Shares ETF is rated Buy, targeting traders seeking amplified exposure to a potential small-cap rotation. With a large concentration in industrials, the Russell 2000 may be gaining traction following the robust economic data releases like slowing inflation growth and PMIs. With the Russell 2000 outperforming large-cap indices and positive economic signals, I see continued momentum for small caps, especially if rate easing persists.
Encompass More Asset Management Has $3.84 Million Stake in Direxion Daily Small Cap Bull 3X Shares $TNA
Encompass More Asset Management raised its holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 178.2% in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 84,764 shares of the exchange traded fund's stock after purchasing an additional 54,300 shares
TNA: Small Caps Could Benefit From U.S. Economy Uptick In 2026
Amid a weaker-than-expected U.S. economy in 2025, the Russell 2000-tracking Direxion Daily Small Cap Bull 3X Shares ETF has marginally underperformed the S&P 500. Looking ahead to 2026, the Russell 2000 should benefit from an acceleration in U.S. GDP growth, a falling unemployment rate, and ongoing Fed rate cuts. The Russell 2000 offers a sizable ~35% trailing P/E discount relative to the S&P 500, partially stemming from its sizable (but declining) overweight position in cyclical sectors.
Direxion Daily Small Cap Bull 3X Shares $TNA Shares Sold by Spire Wealth Management
Spire Wealth Management reduced its holdings in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 97.6% in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,984 shares of the exchange traded fund's stock after selling 79,139 shares
1 Small-Cap ETF to Buy Hand Over Fist and 1 to Avoid
Throughout most of recent history, small-cap stocks have dramatically underperformed their large-cap counterparts. Over the past 10 years, the Vanguard Russell 2000 ETF (VTWO) that tracks the popular small-cap index has delivered a 106% total return to investors, compared with 257% from the large-cap Vanguard S&P 500 ETF (VOO).
TNA: Tariff Policy May Overshadow Rate Policy For Small-Caps
TNA offers 3x daily exposure to the Russell 2000, making it suitable for active traders but not for long-term investors. Small-cap stocks may struggle in an inflationary environment, even if interest rates decline, due to higher import costs and tighter margins resulting from tariff policy. Holding TNA beyond a single day exposes investors to compounding risks and value decay, especially during consecutive down days.
2 Reasons to Buy TNA, and 3 Reasons Not To
If you're bullish on small-cap stocks, it might seem like a good idea to buy shares of a leveraged ETF like the Direxion Daily Small Cap Bull 3X Shares ETF (TNA 0.27%) in order to magnify your returns.
2 Small-Cap ETFs to Add to the Trader Toolbox
With the S&P 500 back in positive territory after April's tariff tantrum, small-caps have yet to catch up. When the uptrend starts or stalls, Direxion Investments has a pair of leveraged/inverse funds to ponder for small-cap plays.
Profiting in Small-Caps Whether They Go Up, Down, or Remain Flat
Weekly options are the ideal investment for turning small amounts of money into large amounts.
TNA: Buy For Big Gains On Small Caps
Direxion Daily Small Cap Bull 3X Shares (TNA) is a triple leveraged ETF tracking the Russell 2000, aiming for 300% of daily benchmark movement. Despite long-term bullishness on the Russell 2000, current market volatility necessitates caution with TNA, emphasizing short-term holding strategies. Leveraged ETFs like TNA are best held short-term due to volatility and loss recoupment risks, making them suitable for playing market catalysts.
U.S. politician bets big on small-cap stocks
The stock market has been in a tumultuous, volatile state lately — and one U.S. politician is betting that small-cap stocks will see the best returns going forward.
Higher Volatility Could Pave the Way for Small-Cap Strength
A new presidential administration and an inflection point for the Federal Reserve are adding a high degree of uncertainty to the market. That could bring forth heightened volatility.
TNA: Small Caps Remain Cheap At The Start Of 2025
The Direxion Daily Small Cap Bull 3X Shares ETF seeks to deliver 300% (3x) the return of the Russell 2000 index. Russell 2000 components currently trade at a trailing earnings yield of roughly 6.2%, well above the S&P 500's 4.10% forward earnings yield. The outlook for Russell 2000 earnings growth is bright thanks to a strong US economy, a low payout ratio, and benefits from Fed policy normalization.
Small-Caps Stocks Looked Primed for Year-End Rally
A Santa Claus rally can benefit all market capitalization sizes, including small-caps. The Russell 2000 index is already up more than 20% for the year.
Small-Caps Having Their Own Post-Election Moment
The prime indicator of small-cap performance, the Russell 2000, is up almost 9% the past five days. As such, small-cap equities are having their own post-election rally and it could sustain itself through the rest of the year and beyond.
