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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 27.79

Change

+1.10 (+4.12)%

Market Cap

USD 0.16B

Volume

0.68M

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: 2020-01-27 )

Largest Industry Peers for Trading--Inverse Equity

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

-0.15 (-1.20%)

USD 1.04B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

-1.35 (-3.62%)

USD 0.67B
SOXS Direxion Daily Semiconductor B.. 0.97 %

-2.79 (-6.35%)

USD 0.65B
SDS ProShares UltraShort S&P500 0.89 %

-0.63 (-2.30%)

USD 0.60B
PSQ ProShares Short QQQ 0.95 %

-0.69 (-1.48%)

USD 0.58B
SPXS Direxion Daily S&P 500® Bear .. 0.95 %

-0.35 (-3.47%)

USD 0.53B
TZA Direxion Daily Small Cap Bear .. 0.95 %

-1.06 (-5.05%)

USD 0.53B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.38 (-2.13%)

USD 0.37B
QID ProShares UltraShort QQQ 0.95 %

-1.49 (-2.95%)

USD 0.29B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

-0.15 (-1.17%)

USD 0.21B

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 0.25% 36% F 55% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.25% 36% F 54% F
Trailing 12 Months  
Capital Gain -46.81% 16% F 5% F
Dividend Return 0.86% 31% F 12% F
Total Return -45.95% 16% F 4% F
Trailing 5 Years  
Capital Gain -89.92% 16% F 2% F
Dividend Return 0.30% 24% F 1% F
Total Return -89.62% 16% F 1% F
Average Annual (5 Year Horizon)  
Capital Gain -33.85% 18% F 1% F
Dividend Return -33.58% 18% F 1% F
Total Return 0.26% 48% F 7% C-
Risk Return Profile  
Volatility (Standard Deviation) 19.46% 46% F 39% F
Risk Adjusted Return -172.63% 25% F 1% F
Market Capitalization 0.16B 79% B- 27% F

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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.