FAZ — Direxion Daily Financial Bear 3X Shares
Direxion Daily Financial Bear 3X Shares (ticker: FAZ) is a equity ETF issued by Rafferty Asset Management tracking Russell 1000 Financial Services Index (-300%). It was launched on 2008-11-06.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -7.67% |
| 1 Week | -5.43% |
| 1 Month | -2.83% |
| 3 Months | -5.51% |
| 6 Months | 4.80% |
| YTD | 12.41% |
| 1 Year | -10.11% |
| 3 Years | -76.87% |
| 5 Years | -79.82% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 68.73% |
| 2 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 68.73% |
| 3 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 68.73% |
| 4 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 58.60% |
| 5 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 58.60% |
| 6 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 58.60% |
| 7 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 54.10% |
| 8 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 54.10% |
| 9 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 54.10% |
| 10 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 54.10% |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Inverse Equities |
| Segment | Inverse Equity: U.S. Financials |
| Sector | Financial Services |
| Region | North America |
| Index Tracked | Russell 1000 Financial Services Index (-300%) |
| Inception Date | 2008-11-06 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | FAZ |
|---|---|
| Full Name | Direxion Daily Financial Bear 3X Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $118.71M |
| Inception | 2008-11-06 |
| Index Tracked | Russell 1000 Financial Services Index (-300%) |
Frequently Asked Questions
What does FAZ track?
FAZ (Direxion Daily Financial Bear 3X Shares) tracks Russell 1000 Financial Services Index (-300%), a equity benchmark.
What is the expense ratio of FAZ?
FAZ has an expense ratio of 0.01% per year.
What is the AUM of FAZ?
FAZ has approximately $118.71M in assets under management.
Does FAZ pay a dividend?
FAZ distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues FAZ?
FAZ is issued by Rafferty Asset Management under the Direxion brand, launched on 2008-11-06.
Open the interactive FAZ dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.