FAZDirexion Daily Financial Bear 3X Shares(Exchange Traded Fund Leveraged Inverse -3xRebalanced: Daily)
XTF Rating* NR
Price:$17.5534 0.6134(3.62%)
52 Week:$13.74 - $77.64
Volume: 3,446,176
Avg Daily Volume: 4,165,597
Market Cap: $333,258,248 Avg Trade Size: 324 shares
Fund Turnover: 3 days 7/7/2020 2:28:20 PM
Similar ETFs to FAZ: SEF, SKF

Direxion Daily Financial Bear 3X Shares is an exchange-traded fund incorporated in the USA. The Financial Bear 3X ETF seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000 Financial Services Index. There is no guarantee the fund will meet its stated investment objective. The Russell 1000 Financial Services 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 cap U.S. equity market. As of September 30, 2013, the Index had an average market capitalization of over $15.48 billion dollars and a median market capitalization of $5.17 billion dollars. One cannot directly invest in an Index.

Inception Date: 11/6/2008Geography: US  Asset Class: Equity
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively ManagedCapitalization: Broad/Multi Cap
Issuer: Direxion SharesUnderlying Index: Russell 1000 Financial Services IndexSector: Financials > Financials Multi-Industry
Index Provider: FTSE RussellIndex Composition: Cap-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
Structural Integrity Metrics
as of 5/29/2020 Value  Rank (%)
Expense Ratio 1.10% 
 3%
Average Bid Ask Ratio Premium Content 
 76%
Tracking Error Premium Content 
 
Concentration Risk Premium Content 
 33.7%
Market Impact Premium Content 
 78.8%
Efficiency Premium Content 
 
Cap Gains Dist Premium Content 
 100%
     
as of 7/6/2020  
Avg Number of Components   (range) 248   (240-251)
Legal Structure Open-End Investment Company 
Annual Yield 2.12%
Last Dividend PaidDate 0.04, 3/24/2020   See Distributions
Options / Futures Available Y  /  Y 
Short Interest / Days to Cover 9.7% /  0 days
Net Asset Value $332,985,905 
Premium (Discount) 0.08% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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