The fund invests at least 80% of the fund"s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund"s investment objective. The index includes securities of companies from the following industries: financial services; insurance; banks; capital markets; mortgage real estate investment trusts ("REITs"); and consumer finance. It is non-diversified.
Frequently asked questions
What is the Direxion Daily Financial Bear 3X Shares (FAZ) expense ratio?
The Direxion Daily Financial Bear 3X Shares funds expense ratio is 1.08%.
What is Direxion Daily Financial Bear 3X Shares (FAZ) current stock price?
As of the latest data, Direxion Daily Financial Bear 3X Shares stock price is $34.38, with a previous close of $34.58. Direxion Daily Financial Bear 3X Shares lost -$0.20 in the last trading session, representing a -0.58% loss.
Does Direxion Daily Financial Bear 3X Shares (FAZ) pay dividends?
Yes. Direxion Daily Financial Bear 3X Shares pays quarterly dividends with an annualized yield of 2.91% and an estimated annual payout of $1.00 per share.