Direxion Daily Financial Bear 3X Shares (FAZ)

10.09
Delayed Data
As of 4:10pm ET
 +0.22 / +2.23%
Today’s Change
9.71
Today|||52-Week Range
17.36
-13.69%
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-5.47% 3 years-37.97%
3 months-12.13% 5 years-38.42%
1 year-40.11% Since inception-59.06%
Data through 07/19/2018

Quote Details

Previous close$9.87
Open day’s range9.94 – 10.13
Net asset value (NAV)9.85 (07/18/2018)
Daily volume1,598,069
Average volume (3 months)2,191,407
Data as of 4:10pm ET, 07/19/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 FAZCategory
Performance 5-yr return-38.42%-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--$14.0B
Average P/E--15.7
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.