TNA vs ZROZ

Comparison between DIREXION DAILY SMALL CAP BULL 3X SHARES (TNA, ETF) and PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND (ZROZ, ETF).

5-Year PerformanceTNA has outperformed ZROZ, delivering a return of -6.4% compared to -11.4%

TNA vs ZROZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TNA(ETF)	ZROZ(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	N/A	0.15%
Max Drawdown	88.19%	67.48%
Sharpe Ratio	1.81	-0.21
5Y Beta	3.27	0.11
5Y Dividends CAGR	77.52%	3.66%

Net Assets

TNA

$1.40B

ZROZ

$1.40B

Expense Ratio

TNA

N/A

ZROZ

0.15%

Max Drawdown

TNA

88.19%

Winner

ZROZ

67.48%

Sharpe Ratio

Winner

TNA

1.81

ZROZ

-0.21

5Y Beta

TNA

3.27

Winner

ZROZ

0.11

5Y Dividends CAGR

Winner

TNA

77.52%

ZROZ

3.66%

TNA vs ZROZ - Historical Returns

Returns include dividend reinvestment.

Period	TNA	ZROZ
1 month	+27.99%	-1.33%
3 months	+14.94%	-0.95%
6 months	+48.56%	-4.75%
1 year	+135.08%	+0.27%
5 years(CAGR)	-6.41%	-11.36%
10 years(CAGR)	+8.88%	-3.79%
Max(CAGR)	+15.91%	+2.14%

Winner

TNA

+27.99%

ZROZ

-1.33%

Winner

TNA

+14.94%

ZROZ

-0.95%

Winner

TNA

+48.56%

ZROZ

-4.75%

Winner

TNA

+135.08%

ZROZ

+0.27%

5Y(CAGR)

Winner

TNA

-6.41%

ZROZ

-11.36%

10Y(CAGR)

Winner

TNA

+8.88%

ZROZ

-3.79%

Max(CAGR)

Winner

TNA

+15.91%

ZROZ

+2.14%

TNA vs ZROZ - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	TNA	ZROZ
2026	+38.85%	-0.16%
2025	+9.73%	-1.87%
2024	+9.18%	-15.03%
2023	+28.43%	-1.52%
2022	-63.78%	-39.26%
2021	+33.40%	-4.79%
2020	-7.95%	+22.56%
2019	+68.96%	+20.05%
2018	-41.55%	-3.51%
2017	+37.32%	+13.87%
2016	+70.92%	-0.31%
2015	-20.16%	-7.39%
2014	+8.80%	+48.29%
2013	+126.10%	-19.11%
2012	+36.07%	+3.51%
2011	-41.16%	+61.75%
2010	+57.25%	+9.96%
2009	+35.20%	-6.29%
2008	+40.87%	N/A

TNA vs ZROZ Drawdown Comparison

The maximum drawdown for TNA was -88.09%, occurring on Mar 23, 2020. Recovery took 612 trading sessions.

The maximum drawdown for ZROZ was -62.94%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current TNA drawdown is -39.52%. The current ZROZ drawdown is -59.76%.

Rank	TNA	ZROZ
#1	-88.09% Aug 31, 2018 - Feb 8, 2021	-62.94% Mar 9, 2020 - Oct 19, 2023
#2	-82.37% Nov 8, 2021 - Apr 8, 2025	-32.29% Jul 25, 2012 - Dec 11, 2014
#3	-73.06% Jan 6, 2009 - Aug 4, 2009	-28.88% Aug 26, 2010 - Aug 10, 2011
#4	-70.56% Apr 29, 2011 - May 10, 2013	-25.82% Jan 30, 2015 - Jun 27, 2016
#5	-62.64% Jun 23, 2015 - Nov 25, 2016	-25.21% Jul 8, 2016 - Aug 2, 2019
#6	-53.47% Apr 23, 2010 - Dec 17, 2010	-18.35% Oct 3, 2011 - Dec 19, 2011
#7	-35.80% Mar 4, 2014 - Feb 19, 2015	-17.49% Dec 19, 2011 - May 17, 2012
#8	-35.14% Nov 28, 2008 - Jan 2, 2009	-15.67% Nov 27, 2009 - May 6, 2010
#9	-30.06% Mar 15, 2021 - Nov 5, 2021	-12.23% Aug 28, 2019 - Feb 20, 2020
#10	-27.64% Oct 14, 2009 - Dec 23, 2009	-9.10% Aug 10, 2011 - Aug 18, 2011
#11	-26.15% Jan 19, 2010 - Mar 3, 2010	-8.29% May 6, 2010 - May 20, 2010
#12	-25.61% Jan 23, 2018 - May 21, 2018	-7.85% Sep 22, 2011 - Oct 3, 2011
#13	-21.06% Jan 22, 2014 - Feb 27, 2014	-7.18% Aug 19, 2011 - Sep 2, 2011
#14	-21.01% Nov 19, 2008 - Nov 24, 2008	-7.09% Jun 1, 2012 - Jul 20, 2012
#15	-19.98% Feb 9, 2021 - Mar 11, 2021	-6.88% Jul 1, 2010 - Aug 16, 2010

Correlation

Correlation between TNA and ZROZ is 0.54 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.54

-101

Dividend Comparison (2008 - 2026)

TNA vs ZROZ dividend yield comparison.

Year	TNA	ZROZ
2026	0.03%	1.30%
2025	0.78%	4.96%
2024	0.93%	4.58%
2023	1.27%	3.52%
2022	0.31%	2.76%
2021	0.06%	1.60%
2020	0.03%	1.68%
2019	0.44%	2.22%
2018	0.36%	2.06%
2017	0.15%	2.53%
2016	0.00%	3.00%
2015	0.00%	2.98%
2014	0.59%	2.60%
2013	1.53%	4.28%
2012	0.00%	3.16%
2011	0.00%	2.99%
2010	0.15%	4.55%
2009	11.16%	0.74%
2008	0.12%	0.00%