Market Tracker

01/27 5:16pm ET

Direxion Daily Financial Bear 3X Shares (FAZ)

16.22
Delayed Data
As of Jan 27
 -0.01 / -0.06%
Today’s Change
15.93
Today|||52-Week Range
32.59
-15.87%
Year-to-Date

Investment Objective

The investment seeks daily investment results of 300% of the inverse (or opposite) of the daily performance of the Financials Select Sector 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 includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; capital markets; Insurance; and Mortgage REITs. It is non-diversified.

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

Performance

1 month-17.68% 3 years-57.63%
3 months-26.85% 5 years-46.85%
1 year-18.66% Since inception-56.47%
Data through 01/27/2023

Quote Details

Previous close$16.23
Open day’s range15.94 – 16.33
Net asset value (NAV)16.21 (01/26/2023)
Daily volume1,946,923
Average volume (3 months)3,529,756
Data as of 4:00pm ET, 01/27/2023

Peer Comparisonvs. Trading--inverse equity ETFs

 FAZCategory
Performance 5-yr return-46.85%-29.79%
Expense Gross exp ratio1.01%--
Risk 5 year sharpe ratio-0.82--
Net assets$172.7M--
Average market cap----
Average P/E----
Dividend / Share--9.68%

Competitors

SPDN Direxion Daily S&P 500® Bear 1X Shares
SH ProShares Short S&P500
SDS ProShares UltraShort S&P500

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 53.33%
-- 51.29%
-- 3.64%