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Direxion Daily Financial Bear 3X Shares (FAZ)

Delayed Data
As of 7:59pm ET
 +0.12 / +0.56%
Today’s Change
Today|||52-Week Range

Investment Objective

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000  Financial Services Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. 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-cap U.S. equity market. The fund is non-diversified.

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


1 month+2.19% 3 years-36.73%
3 months-31.72% 5 years-46.14%
1 year-63.23% Since inception-61.73%
Data through 01/21/2017

Quote Details

Previous close$21.49
Open day’s range21.37 – 21.86
Net asset value (NAV)21.46 (01/20/2017)
Daily volume1,136,679
Average volume (3 months)1,746,659
Data as of 7:59pm ET, 01/23/2017

Peer Comparisonvs. Trading--inverse equity ETFs

Performance 5-yr return-46.14%-29.79%
Expense Gross exp ratio1.01%1.92%
Risk 5 year sharpe ratio-1.57--
Net assets$263.1M$3.7M
Average market cap----
Average P/E----
Dividend / Share--0.35%


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