Direxion Daily Financial Bear 3X SharesFAZ:PCQ:USD

19.70
0.28 / 1.38%
17.00 - 45.92-1.23
Latest price in USDToday's change52-week range3-yr sharpe ratio
Data delayed at least 15 minutes, as of Mar 23 2017 13:59 GMT.

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.

Profile

Fund typeOpen Ended Investment Company
Morningstar categoryTrading--Inverse Equity
Launch date06/11/2008
Price currencyUSD
DomicileUnited States
SymbolFAZ
Manager & start date
Paul Brigandi
06/11/2008
Tony Ng
30/09/2015

Investment

Total net assets
261.63m USDAs of Feb 28 2017
Market cap276.50m USD
Shares outstanding14.03m
Average volume (10-day)2.56m
Net expense ratio1.10%
Last dividend--
Div yield0.00%
Div ex-date--
Div pay-date--
Available for saleMexico, Netherlands, United States

Diversification

Asset type

US bond
70.71%
Cash
48.00%
Non-US bond
0.00%
Non-US stock
0.00%
Other
0.00%
US stock
-18.71%

Top 5 sectors

Sector weighting data is unavailable.

Top 5 Regions

Regional weighting data is unavailable.
Sector and region weightings are calculated using only long position holdings of the portfolio.Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Short
allocation
Long
allocation
Goldman Finl Sq Trsry Ins--29.85%
Fidelity Institutional Go--21.97%
Goldman Finl Sq Trsry Ins--18.88%
Russ 1000 Finan Indx Swap---9.44%
Russ 1000 Finan Indx Swap---5.46%
Data delayed at least 15 minutes, as of Feb 28 2017. Top 10 holdings
Intra-day ETF pricing data provided by
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The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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