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Direxion Daily Financial Bear 3X Shares (FAZ)

Delayed Data
As of Feb 23
 -0.12 / -0.66%
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-16.33% 3 years-40.94%
3 months-25.98% 5 years-46.42%
1 year-67.13% Since inception-62.10%
Data through 02/24/2017

Quote Details

Previous close$18.21
Open day’s range18.09 – 18.43
Net asset value (NAV)18.09 (02/23/2017)
Daily volume1,735,052
Average volume (3 months)1,728,650
Data as of 02/23/2017

Peer Comparisonvs. Trading--inverse equity ETFs

Performance 5-yr return-46.42%-29.79%
Expense Gross exp ratio1.01%1.92%
Risk 5 year sharpe ratio-1.50--
Net assets$269.0M$6.1M
Average market cap----
Average P/E----
Dividend / Share--0.35%


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


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