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Direxion Daily Financial Bear 3X Shares (FAZ)

Delayed Data
As of Oct 21
 -0.04 / -0.13%
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-2.78% 3 years-32.30%
3 months-6.68% 5 years-47.37%
1 year-28.65% Since inception-61.05%
Data through 10/21/2016

Quote Details

Previous close$31.40
Open day’s range31.28 – 32.00
Net asset value (NAV)31.43 (10/20/2016)
Daily volume1,198,687
Average volume (3 months)1,983,500
Data as of 7:59pm ET, 10/21/2016

Peer Comparisonvs. Trading--inverse equity ETFs

Performance 5-yr return-47.37%-30.54%
Expense Gross exp ratio1.01%0.90%
Risk 5 year sharpe ratio-1.53--
Net assets$321.8M$146.8M
Average market cap----
Average P/E----
Dividend / Share--0.35%


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


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