Direxion Daily Financial Bear 3X Shares (FAZ)

10.63
Delayed Data
As of Feb 16
 -0.04 / -0.37%
Today’s Change
9.71
Today|||52-Week Range
20.94
-9.07%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 300% of the inverse (or opposite) of the daily performance of the Russell 1000- Financial Services Index. The fund invests in swap agreements- futures contracts- short positions or other financial instruments that- in combination- provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a subset of the Russell 1000- Index that measures the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. It is non-diversified.

No recent news for Direxion Daily Financial Bear 3X Shares.

Performance

1 month-1.67% 3 years-40.11%
3 months-21.51% 5 years-43.62%
1 year-42.84% Since inception-60.35%
Data through 02/17/2018

Quote Details

Previous close$10.67
Open day’s range10.42 – 10.77
Net asset value (NAV)10.62 (02/16/2018)
Daily volume2,964,140
Average volume (3 months)1,598,155
Data as of 8:00pm ET, 02/16/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 FAZCategory
Performance 5-yr return-43.62%-29.79%
Expense Gross exp ratio1.13%1.94%
Risk 5 year sharpe ratio-1.65--
Net assets$132.3M$2.4M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.