Direxion Daily Financial Bear 3X Shares (FAZ)
| Assets | $238.28M |
| Expense Ratio | 1.09% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $0.59 |
| Dividend Yield | 3.76% |
| Ex-Dividend Date | Sep 19, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -6.52% |
| Volume | 1,853,425 |
| Open | 16.05 |
| Previous Close | 15.96 |
| Day's Range | 15.51 - 16.07 |
| 52-Week Low | 15.14 |
| 52-Week High | 25.95 |
| Beta | n/a |
| Holdings | 8 |
| Inception Date | Nov 6, 2008 |
About FAZ
Fund Home PageThe Direxion Daily Financial Bear 3X Shares (FAZ) is an exchange-traded fund that is based on the Financial Select Sector index. The fund provides 3x inverse exposure to a market cap-weighted index of US large-cap financial companies. FAZ was launched on Nov 6, 2008 and is issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2023 | $0.14902 | Sep 26, 2023 |
| Jun 21, 2023 | $0.16861 | Jun 28, 2023 |
| Mar 21, 2023 | $0.26879 | Mar 28, 2023 |
| Dec 20, 2022 | $0.00094 | Dec 28, 2022 |
| Mar 24, 2020 | $0.35688 | Mar 31, 2020 |
| Dec 23, 2019 | $0.5841 | Dec 31, 2019 |
News
As Banking Woes Continue, Get Bearish on Financials With This ETF
The economy is already having to contend with inflation when it comes to stifling growth, but the current banking system could bring additional strife. The International Monetary Fund (IMF) is worried...
3 ETFs to Consider Amid the SVB Financial Fallout
The collapse of SVB Financial Group has been dumping a large bucket of volatility in bank stocks, opening up trade opportunities in leveraged exchange-traded funds (ETFs) from Direxion Investments.
Top Performing Leveraged/Inverse ETFs: 03/12/2023
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
As Banks Wobble, Watch Bullish Banking ETFs
As the viewing public turned towards the Oscars over the weekend, investors and market watchers were worried instead by bad news coming for the banking sector.
Looking To Play Berkshire, JP Morgan, Bank Of America To The Downside? This ETF Offers 3X Leverage - Direxion Financial Bear 3X Shares (ARCA:FAZ)
The Direxion Financial Bear 3X Shares ETF FAZ was surging over 10% higher on Monday, with continued bullish momentum following the recent collapse of SVB Financial Group and Signature Bank, which has...
Financial Stocks: Fight or Flight?
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are ...
Financial Sector Is Weathering the 2022 Storm Better Than Tech
It's been a tale of two sectors when specifically looking at technology and finance through the lens of two exchange traded funds (ETFs): the Direxion Daily Technology Bear 3X ETF (TECS) and the Direx...
Direxion Changes Index for Financial and Transportation Leveraged ETFs
Index Changes Take Effect August 1, 2022 NEW YORK , June 2, 2022 /PRNewswire/ -- Direxion (www.direxion.com), a leading provider of leveraged & inverse and thematic ETFs, announced it is changing the ...
Direxion Makes Index, Expense Ratio Changes
Direxion had a number of index changes that will be effective on or about April 22nd, 2022. They are: Direxion Daily MSCI Real Estate Bull 3X Shares (DRV) Fund name changed to the Direxion Daily Real ...
Wage Inflation Could Keep Pushing Financials Lower
The prospect of rate increases might have seemed like a boon for banks in 2022, but wage inflation is looking to cast gloomy skies over the financial sector. That was evident with banks starting 2022 ...
Falling Yields Have the Financial Sector Bears Salivating
Bond yields have been falling, which begs the question: could inflationary pressures really be transitory? The Direxion Daily Financial Bear 3X ETF (FAZ) certainly hopes so.
Let's Take A Look At This Weeks Highest Performing ETFs 4/23
Many investors utilize exchange-traded funds (ETFs) which are diversified securities that contain various investments including stocks, commodities, and bonds . Here are the top-performing ETFs this w...
Let's Take A Look At This Weeks Highest Performing ETFs
Exchange Traded funds (ETFs) are excellent investment tools that can be purchased or sold on the stock market. Here are the highest performing ETFs this week that offer a wide variety of opportunities...
Let's Take A Look At This Weeks Highest Performing ETF
If a third stimulus check is headed your way, investing that money in an exchange-traded fund (ETF) could potentially pay off. ETFs are lower-risk investments that offer low management fees and allow ...
Let's Take A Look At This Weeks Highest Performing ETFs: AdvisorShares, Breakwave, MicroSectors
Many investors utilize exchange-traded funds (ETFs) which are diversified securities that contain various investments including stocks, commodities, and bonds. Here are the top-performing ETFs this we...
