Direxion Daily Financial Bear 3X Shares (FAZ)
|Ex-Dividend Date||Mar 24, 2020|
|Day's Range||17.96 - 18.56|
|Inception Date||Nov 6, 2008|
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Russell 1000® Financial Services Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). 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-capitalization U.S. equity market. It is non-diversified.
|Mar 24, 2020||$0.35688||Mar 31, 2020|
|Dec 23, 2019||$0.58408||Dec 31, 2019|
|Sep 24, 2019||$1.92776||Oct 1, 2019|
|Mar 19, 2019||$1.0996||Mar 26, 2019|
|Dec 27, 2018||$1.6312||Jan 4, 2019|
|Sep 25, 2018||$0.838||Oct 2, 2018|
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.
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