FAZ - Direxion Daily Financial Bear 3X Shares
|Ex-Dividend Date||Mar 24, 2020|
|Trading Day||April 21|
|Day's Range||31.24 - 33.28|
|52-Week Range||30.53 - 251.44|
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.
|Asset Class |
|Inception Date |
Nov 6, 2008
|Ticker Symbol |
|Index Tracked |
Russell 1000 Financial Services Index
|Mar 24, 2020||$0.045||Mar 31, 2020|
|Dec 23, 2019||$0.073||Dec 31, 2019|
|Sep 24, 2019||$0.241||Oct 1, 2019|
|Mar 19, 2019||$0.137||Mar 26, 2019|
|Dec 27, 2018||$0.041||Jan 4, 2019|
|Sep 25, 2018||$0.0209||Oct 2, 2018|
Exchange Traded Funds (ETFs) are excellent tools to help investors gain exposure in specific sectors on the stock market . Here are the highest performing ETFs this week that you should watch out for.
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 in...
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 week...
Bank earnings start rolling in this week and has been widely noted, net interest margins are expected to come under pressure due to low interest rates.
Second-quarter earnings season starts next week with the quarterly kick-off ritual of reports from the major investment and money center banks.
The results of the Federal Reserve's annual stress tests are in and the good news is that the Fed views the largest U.S. banks as well-capitalized, but there are still some ominous signs to consider.
Signs of rising coronavirus cases with easing lockdowns, the Fed???s cautious outlook on the economy, and chances of a rise in corporate taxes if Democrats make it to the presidency are concerns for Wal...
The financial sector is widely expected to suffer extended damage from the coronavirus fallout, and this earnings season will provide a glimpse of the devastation.
The financial sector has been one of the hardest hit as stay-at-home orders across the national are forcing places like banks to readjust their businesses in order to keep pace with the social distancin...
Stocks rallied Monday and financial services names participated in that upswing, but if coronavirus-related selling returns, it's hard to imagine the S&P 500's third-largest sector weight providing any ...
U.S. yield curve has flattened for the first time since October. Buy these ETFs.
While many investors are familiar with the benchmark S&P 500 index, or the historic Dow Jones Industrial Average, the Russell 1000 is less recognizable.
With market volatility coiled and ready to explode at any moment due to heightened tensions from the U.S. trade beef with China, Brexit negotiations, an all-time high in stocks, and looming global uncer...
Value plays like the financial sector are leading the markets to highs in the S&P 500 and Dow Jones Industrial Average. It could translate to more strength in the coming months, which can give traders t...
The financial services sector, the third-largest sector weight in the S&P 500 is under siege thanks in part to declining interest rates.
Are you spooked by an inverted yield curve? Play these inverse financial ETFs and tide over the widespread financial stock sell-off.