Direxion Daily Financial Bear 3X Shares (FAZ)

NYSEARCA: FAZ · IEX Real-Time Price · USD
10.78
-0.01 (-0.14%)
Apr 26, 2024, 3:11 PM EDT - Market open
-0.14%
Assets $118.44M
Expense Ratio 1.08%
PE Ratio n/a
Shares Out 12.15M
Dividend (ttm) $0.58
Dividend Yield 5.36%
Ex-Dividend Date Mar 19, 2024
Payout Ratio n/a
1-Year Return -50.66%
Volume 1,640,325
Open 10.88
Previous Close 10.79
Day's Range 10.69 - 10.94
52-Week Low 9.74
52-Week High 23.92
Beta n/a
Holdings 8
Inception Date Nov 6, 2008

About FAZ

Fund Home Page

The 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.

Asset Class Equity
Category Trading--Inverse Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FAZ
ETF Provider Direxion
Index Tracked Financial Select Sector

Dividends

Ex-Dividend Amount Pay Date
Mar 19, 2024 $0.17961 Mar 26, 2024
Dec 21, 2023 $0.08009 Dec 29, 2023
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
Full Dividend History

News

Top Performing Leveraged/Inverse ETFs: 04/14/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

10 days ago - ETF Trends

SVB's Collapse Hit Banking ETFs

The biggest bank failure since the financial crisis reverberated across the industry.

1 year ago - ETFcom

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...

1 year ago - Benzinga

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 ...

Other symbols: FASTPOR
2 years ago - PRNewsWire

ETF Odds & Ends: Quiet Yet Eventful Week

Global events seem to have put a damper on the U.S. ETF industry.

Other symbols: BBAXBGRNDRNDRVFAS
2 years ago - ETFcom

Volatile Market Conditions Could Drive Investors to Trade

The curious investor will naturally want to know what could be done if stocks start trending downward more persistently.

Other symbols: DUGIWMRWMSHSPXSSPYTZA
3 years ago - Investopedia

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...

Other symbols: ACVFBNKDNRGDTZA
3 years ago - Benzinga

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...

Other symbols: ACVFBNKDNRGDTZA
3 years ago - Benzinga

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 ...

Other symbols: NRGUREMXRETLTZA
3 years ago - Benzinga

ETF Odds & Ends: IAU Share Split & More

The last two weeks saw a lot of activity in the ETF space.

3 years ago - ETFcom

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...

Other symbols: BDRYHDGENRGUTZA
3 years ago - Benzinga

ETF Odds & Ends: FANG+ ETNs Split

Also, the Select Sector SPDRs had their expense ratios lowered by 1 basis point.

3 years ago - ETFcom

Bleak Margin Outlook Boost Case For Bearish Bank ETF

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.

4 years ago - Benzinga

Fantastic Time For FAS, FAZ As Bank Earnings Roll In

Second-quarter earnings season starts next week with the quarterly kick-off ritual of reports from the major investment and money center banks.

Other symbols: FAS
4 years ago - Benzinga

Good News For This Leveraged ETF: Bank Dividends Are Still At Risk

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.

4 years ago - Benzinga

3 ETFs To Short The Stock Market

With the S&P 500 having an awful week, it's fair to say there is money to be made on the downside in the current market environment.

Other symbols: HIBS
4 years ago - Benzinga

3 ETFs Made For Shorting This Stock Market

With the S&P 500 having shed 7.6% on Monday, sliding to its lowest close since June, it's fair to say there is money to be made on the downside in the current market environment.

Other symbols: HIBS
4 years ago - Benzinga

It Could Be Time For These Two Bearish Bank ETFs

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 an...

4 years ago - Benzinga

Figuring Out The Way To Play Financials With Leverage

The financial services sector, the third-largest sector weight in the S&P 500 is under siege thanks in part to declining interest rates.

Other symbols: FAS
5 years ago - Benzinga

A Curious Trend With Bank ETFs

The Financial Select Sector SPDR Fund (NYSE: XLF), the largest exchange-traded fund tracking stocks in the S&P 500's third-largest sector, lost 1.56% last week.

Other symbols: FASXLF
5 years ago - Benzinga

Once Again, It's Time For These Leveraged ETFs

The second quarter is still in its nascent stages, but that also means first-quarter earnings season will be soon arriving.

Other symbols: FAS
5 years ago - Benzinga