Direxion Daily Financial Bear 3X Shares (FAZ)

Delayed Data
As of Mar 21
 +0.09 / +0.87%
Today’s Change
Today|||52-Week Range
FAZ Regular Dividend: FAZ began trading ex-dividend on 03/20/18. A $0.0146 dividend will be paid to shareholders of record as of 03/21/18.

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 300% of the inverse (or opposite) of the daily performance of the Russell 1000- Financial Services Index. The fund invests in swap agreements- futures contracts- short positions or other financial instruments that- in combination- provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). 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-capitalization U.S. equity market. It is non-diversified.

No recent news for Direxion Daily Financial Bear 3X Shares.


1 month-3.30% 3 years-39.33%
3 months-12.49% 5 years-42.70%
1 year-44.39% Since inception-60.09%
Data through 03/21/2018

Quote Details

Previous close$10.37
Open day’s range10.11 – 10.48
Net asset value (NAV)10.39 (03/20/2018)
Daily volume1,251,387
Average volume (3 months)1,869,709
Data as of 8:00pm ET, 03/21/2018

Peer Comparisonvs. Trading--inverse equity ETFs

Performance 5-yr return-42.70%-29.79%
Expense Gross exp ratio1.15%1.94%
Risk 5 year sharpe ratio-1.56--
Net assets$141.6M$3.7M
Average market cap--$15.2B
Average P/E--17.3
Dividend / Share--0.35%


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