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FAZ ETF Profile


Family: Direxion Shares
Name: Direxion Daily Financial Bear 3X Shares
Inception Date: 6-Nov-2008
Termination Date:
Investment Objective: The Direxion Daily Financial Bull (FAZ) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the of the performance of the Financial Select Sector TR Index (IXMTR). The Financial Select Sector TR Index (IXMTR) is provided by S&P Dow Jones Indices and includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; Capital Markets; Insurance; and Mortgage Real Estate Investment Trusts (REITs).
Prospectus
Top 10 Holdings
Derivatives offset 282.3614%
FINANCIAL SELECT SECTOR INDEX SWAP -113.3091%
Financial Select Sector Index SWAP -92.8733%
DREYFUS GOVT CASH MAN INS 48.0079%
Financial Select Sector Index SWAP -37.3956%
DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3 28.2383%
GOLDMAN FINL SQ TRSRY INST 506 23.7538%
FINANCIAL SELECT SECTOR INDEX SWAP -21.4262%
FINANCIAL SELECT SECTOR INDEX SWAP -17.3571%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 9
Shares Outstanding: 2,479,993
Total Net Assets: 90,222,140
NAV: 36.39
Net Expense Ratio: 0.91%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Financials
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor: Inverse (-3x)
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes