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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 293.2177%
Financial Select Sector Index SWAP -83.2511%
FINANCIAL SELECT SECTOR INDEX SWAP -61.6650%
FINANCIAL SELECT SECTOR INDEX SWAP -60.5882%
FINANCIAL SELECT SECTOR INDEX SWAP -52.1625%
DREYFUS GOVT CASH MAN INS 48.8326%
Financial Select Sector Index SWAP -35.5510%
GOLDMAN FINL SQ TRSRY INST 506 33.6506%
DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3 17.5169%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 9
Shares Outstanding: 2,729,993
Total Net Assets: 124,951,800
NAV: 45.82
Net Expense Ratio: 1.03%
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