FAZ:ARCA-Direxion Financial Bear 3X Shares (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 7.82

Change

0.00 (0.00)%

Market Cap

USD 0.16B

Volume

5.74M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000? Financial Services Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. 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-cap U.S. equity market. The fund is non-diversified.

Inception Date: 06/11/2008

Primary Benchmark: Russell 1000 Financial Services TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.98%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-31 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

-0.05 (-0.44%)

USD 1.03B
SOXS Direxion Daily Semiconductor B.. 0.97 %

-1.25 (-5.09%)

USD 0.94B
PSQ ProShares Short QQQ 0.95 %

-0.16 (-0.39%)

USD 0.74B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

-0.39 (-1.46%)

USD 0.52B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.30 (-2.08%)

USD 0.32B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

-0.06 (-0.52%)

USD 0.18B
DOG ProShares Short Dow30 0.95 %

-0.18 (-0.65%)

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

-0.49 (-2.44%)

USD 0.16B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

-0.33 (-1.42%)

USD 0.14B
YANG Direxion Daily FTSE China Bear.. 1.02 %

-0.13 (-1.45%)

USD 0.13B

ETFs Containing FAZ

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain N/A 98% N/A 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A 98% N/A 100% F
Trailing 12 Months  
Capital Gain N/A 98% N/A 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A 98% N/A 100% F
Trailing 5 Years  
Capital Gain 83,313.33% 96% N/A 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 83,313.33% 96% N/A 100% F
Average Annual (5 Year Horizon)  
Capital Gain 13,616.15% N/A N/A 100% F
Dividend Return 13,617.07% N/A N/A 100% F
Total Return 0.92% N/A N/A 20% F
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A F
Risk Adjusted Return 8.10% N/A N/A 32% F
Market Capitalization 0.16B N/A N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:

There is nothing we particularly dislike