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Direxion Daily Financial Bear 3X Shares (FAZ)

11.76
Delayed Data
As of Dec 15
 0.00 / 0.00%
Today’s Change
11.48
Today|||52-Week Range
22.14
-45.86%
Year-to-Date
FAZ Regular Dividend: FAZ began trading ex-dividend on 12/13/17. A $0.00 dividend will be paid to shareholders of record as of 12/14/17.

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.

Performance

1 month-14.06% 3 years-41.00%
3 months-25.55% 5 years-46.38%
1 year-45.32% Since inception-60.61%
Data through 12/16/2017

Quote Details

Previous close$11.76
Open day’s range11.61 – 11.96
Net asset value (NAV)11.74 (12/15/2017)
Daily volume982,938
Average volume (3 months)1,142,154
Data as of 8:00pm ET, 12/15/2017

Peer Comparisonvs. Trading--inverse equity ETFs

 FAZCategory
Performance 5-yr return-46.38%-29.79%
Expense Gross exp ratio1.13%1.94%
Risk 5 year sharpe ratio-1.70--
Net assets$161.0M$3.4M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

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