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.
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No recent news for Direxion Daily Financial Bear 3X Shares.
|1 month||-1.34%|| ||3 years||-43.87%|
|3 months||+12.30%|| ||5 years||-45.41%|
|1 year||-25.92%|| ||Since inception||-63.84%|
|Open day’s range||47.43 – 49.91|
|Net asset value (NAV)||50.67 (10/02/2015)|
|Average volume (3 months)||914,610|
Data as of 3:59pm ET, 10/05/2015
Peer Comparisonvs. Trading-inverse equity ETFs
|Performance 5-yr return||-45.41%||-30.54%|
|Expense Gross exp ratio||1.05%||0.95%|
|Risk 5 year sharpe ratio||-1.36||--|
|Average market cap||--||--|
|Dividend / Share||--||0.35%|
|SH ProShares Short S&P500|
|SDS ProShares UltraShort S&P500|
|TOTS Direxion Daily Total Market Bear 1X Shar...|
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