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, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide 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.
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No recent news for Direxion Daily Financial Bear 3X Shares.
|1 month||+12.80%|| ||3 years||-55.01%|
|3 months||+2.67%|| ||5 years||-45.96%|
|1 year||-30.06%|| ||Since inception||-67.48%|
|Open day’s range||-- – --|
|Net asset value (NAV)||17.71 (10/20/2014)|
|Average volume (3 months)||4,212,205|
Peer Comparisonvs. Trading-inverse equity ETFs
|Performance 5-yr return||-45.96%||-31.30%|
|Expense Gross exp ratio||1.04%||0.96%|
|Risk 5 year sharpe ratio||-1.16||-1.08|
|Average market cap||--||$64.8B|
|Dividend / Share||--||0.38%|
|SH ProShares Short S&P500|
|SDS ProShares UltraShort S&P500|
|SPXU ProShares UltraPro Short S&P500|
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