Direxion Daily Financial Bear 3X Shares (FAZ)

10.20
Delayed Data
As of Jul 16
 -0.29 / -2.76%
Today’s Change
9.71
Today|||52-Week Range
17.36
-12.75%
Year-to-Date

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-2.30% 3 years-37.12%
3 months-9.49% 5 years-38.62%
1 year-37.72% Since inception-58.93%
Data through 07/17/2018

Quote Details

Previous close$10.49
Open day’s range10.18 – 10.46
Net asset value (NAV)10.20 (07/16/2018)
Daily volume1,534,886
Average volume (3 months)2,202,517
Data as of 8:00pm ET, 07/16/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 FAZCategory
Performance 5-yr return-38.62%-29.79%
Expense Gross exp ratio1.15%1.94%
Risk 5 year sharpe ratio-1.36--
Net assets$136.4M$4.0M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort 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.