Direxion Daily Financial Bear 3X Shares (FAZ)

12.15
BATS BZX Real-Time Price
As of 1:56pm ET
 +0.065 / +0.54%
Today’s Change
11.53
Today|||52-Week Range
21.47
-4.10%
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+0.25% 3 years-48.50%
3 months-10.91% 5 years-44.11%
1 year-39.64% Since inception-66.51%
Data through 04/25/2015

Quote Details

Previous close$12.09
Open day’s range11.89 – 12.21
Net asset value (NAV)12.09 (04/24/2015)
Daily volume1,706,743
Average volume (3 months)2,692,430
Data as of 1:56pm ET, 04/27/2015

Peer Comparisonvs. Trading-inverse equity ETFs

 FAZCategory
Performance 5-yr return-44.11%-30.54%
Expense Gross exp ratio1.05%0.95%
Risk 5 year sharpe ratio-1.12--
Net assets$262.9M$115.2M
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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