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ducovest

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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 6.83

Change

0.00 (0.00)%

Market Cap

USD 0.16B

Volume

0.01B

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: 2024-10-19 )

Largest Industry Peers for Trading--Inverse Equity

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

N/A

USD 1.07B
SOXS Direxion Daily Semiconductor B.. 0.97 %

N/A

USD 0.83B
PSQ ProShares Short QQQ 0.95 %

N/A

USD 0.60B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

N/A

USD 0.54B
SDOW ProShares UltraPro Short Dow30 0.95 %

N/A

USD 0.31B
YANG Direxion Daily FTSE China Bear.. 1.02 %

N/A

USD 0.22B
DOG ProShares Short Dow30 0.95 %

N/A

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

N/A

USD 0.16B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

N/A

USD 0.14B
DUST Direxion Daily Gold Miners Ind.. 1.04 %

N/A

USD 0.11B

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 82,838.68% 96% N/A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 82,838.68% 96% N/A 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 27,747.28% 98% N/A 100% F
Dividend Return 27,748.24% 98% N/A 100% F
Total Return 0.96% 34% F 22% F
Risk Return Profile  
Volatility (Standard Deviation) N/A 4% F N/A F
Risk Adjusted Return 13.08% 87% B+ 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.