---
ticker: "TNA"
name: "Direxion Daily Small Cap Bull 3X ETF"
url: "https://etf.net/etf/TNA"
grade: "C"
score: 46
graded_at: "2026-10-12"
category: "3x Leveraged Long"
category_rank: "19 of 31"
methodology: "https://etf.net/methodology"
---

# TNA: Direxion Daily Small Cap Bull 3X ETF

Grade **C**, Score 46 of 100. Rank 19 of 31 in 3x Leveraged Long.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 27 | 22 of 31 |
| Mission | Not scored | — |
| Risk | 56 | 12 of 30 |
| Tradability | 70 | 6 of 31 |
| Holdings | Not scored | — |
| Durability | 63 | 8 of 31 |

## Top holdings

The fund holds 12 positions. These are the largest 12, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | IWM | Ishares Russell 2000 Etf | 21.30% |
| 2 | — | Rty Swap Asset Leg (Rtybcl) | 14.55% |
| 3 | — | Rty Swap Asset Leg (Rtyjpl) | 12.97% |
| 4 | — | Rty Swap Asset Leg (Rtyctl) | 11.92% |
| 5 | — | Rty Swap Asset Leg (Rtymll) | 10.38% |
| 6 | — | Rty Swap Asset Leg (Rtybpl) | 10.13% |
| 7 | — | Rty Swap Asset Leg (Rtyubl) | 6.21% |
| 8 | — | Dreyfus Govt Cash Man Ins | 5.45% |
| 9 | — | Rty Swap Asset Leg (Rtysgl) | 3.51% |
| 10 | — | Goldman Sachs Fin Gov 465 Institut | 2.22% |
| 11 | — | Goldman Finl Sq Trsry Inst 506 | 0.89% |
| 12 | — | Dreyfus Trsry Securities Cash Mgmt | 0.48% |

Source: etf.net, https://etf.net/etf/TNA. Please cite the page URL.