Direxion Daily Financial Bear 3X Shares (FAZ)

11.28
Delayed Data
As of Jul 02
 +0.10 / +0.89%
Today’s Change
10.59
Today|||52-Week Range
19.91
-10.97%
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-1.66% 3 years-49.67%
3 months-7.77% 5 years-50.16%
1 year-35.28% Since inception-65.81%
Data through 07/03/2015

Quote Details

Previous close$11.18
Open day’s range11.09 – 11.40
Net asset value (NAV)11.28 (07/02/2015)
Daily volume2,287,682
Average volume (3 months)2,793,367
Data as of 3:59pm ET, 07/02/2015

Peer Comparisonvs. Trading-inverse equity ETFs

 FAZCategory
Performance 5-yr return-50.16%-30.54%
Expense Gross exp ratio1.05%0.95%
Risk 5 year sharpe ratio-1.25--
Net assets$335.0M$126.4M
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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