Direxion Daily Financial Bear 3X Shares (FAZ)

11.57
Delayed Data
As of May 29
 +0.28 / +2.48%
Today’s Change
11.01
Today|||52-Week Range
19.91
-8.68%
Year-to-Date

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: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the Russell 1000 ® Financial Services Index. It is non-diversified.

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

Performance

1 month-6.15% 3 years-52.83%
3 months-9.32% 5 years-48.09%
1 year-41.53% Since inception-66.34%
Data through 05/29/2015

Quote Details

Previous close$11.29
Open day’s range11.31 – 11.63
Net asset value (NAV)11.29 (05/28/2015)
Daily volume2,612,930
Average volume (3 months)2,691,052
Data as of 3:59pm ET, 05/29/2015

Peer Comparisonvs. Trading-inverse equity ETFs

 FAZCategory
Performance 5-yr return-48.09%-30.54%
Expense Gross exp ratio1.05%0.95%
Risk 5 year sharpe ratio-1.08--
Net assets$291.9M$124.6M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SDS ProShares UltraShort S&P500
SH ProShares Short S&P500
SPXU ProShares UltraPro Short S&P500

Holdings

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

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