Direxion Daily Financial Bear 3X Shares (FAZ)

12.36
Delayed Data
As of 1:40pm ET
 -0.10 / -0.80%
Today’s Change
12.06
Today|||52-Week Range
22.41
-2.45%
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-8.66% 3 years-50.34%
3 months-7.55% 5 years-48.76%
1 year-43.39% Since inception-67.26%
Data through 03/04/2015

Quote Details

Previous close$12.46
Open day’s range12.28 – 12.50
Net asset value (NAV)12.24 (03/03/2015)
Daily volume1,165,073
Average volume (3 months)3,407,965
Data as of 1:40pm ET, 03/05/2015

Peer Comparisonvs. Trading-inverse equity ETFs

 FAZCategory
Performance 5-yr return-48.76%-30.54%
Expense Gross exp ratio1.05%0.95%
Risk 5 year sharpe ratio-1.20-1.10
Net assets$277.7M$113.0M
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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