FAZ
Direxion Daily Financial Bear 3x ETF
$36.25
+0.86
(+2.43%)
AUM
$85.97M
Expense Ratio
1.03%
NAV
$35.38
Holdings
9
Asset Class
Leveraged/Inverse
Inception
11/06/2008
Provider
Direxion
Top Holdings
Fund Description
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse 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 (opposite) or short leveraged exposure to the Index.