Direxion Daily Financial Bear 3X ETF (FAZ)
| Assets | $115.52M |
| Expense Ratio | 1.03% |
| PE Ratio | n/a |
| Shares Out | 2.63M |
| Dividend (ttm) | $1.30 |
| Dividend Yield | 2.95% |
| Ex-Dividend Date | Mar 24, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 307,577 |
| Open | 43.93 |
| Previous Close | 43.97 |
| Day's Range | 43.28 - 44.13 |
| 52-Week Low | 34.87 |
| 52-Week High | 56.37 |
| Beta | -2.54 |
| Holdings | 13 |
| Inception Date | Nov 6, 2008 |
About FAZ
Fund Home PageThe Direxion Daily Financial Bear 3X ETF (FAZ) is an exchange-traded fund that is based on the S&P 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.
Top 10 Holdings
113.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 50.65% |
| Goldman Finl Sq Trsry Inst 506 | n/a | 34.37% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 20.23% |
| Financial Select Sector Index Swap | n/a | 5.02% |
| Financial Select Sector Index Swap | n/a | 3.98% |
| Financial Select Sector Index Swap | n/a | 1.39% |
| Financial Select Sector Index Swap | n/a | 0.54% |
| Cash | n/a | 0.11% |
| Goldman Collateral | n/a | -0.93% |
| Financial Select Sector Index Swap | n/a | -1.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2026 | $0.37872 | Mar 31, 2026 |
| Dec 23, 2025 | $0.16322 | Dec 31, 2025 |
| Sep 23, 2025 | $0.3764 | Sep 30, 2025 |
| Jun 24, 2025 | $0.3779 | Jul 1, 2025 |
| Mar 25, 2025 | $1.0318 | Apr 1, 2025 |
| Dec 23, 2024 | $0.4194 | Dec 31, 2024 |
Performance
FAZ had a total return of -9.84% in the past year, including dividends. Since the fund's inception, the average annual return has been -51.91%.
News
It Might Be Time to Bank on These Bank ETFs
Another earnings season means traders will be treated to a slew of updates from the financial services sector. In fact, some of have already arrived, suggesting that bank ETFs may be worth a look.
Trade Bank Earnings Beats or Misses With FAS and FAZ
Q1 earnings reports have come in from four prominent names in the financial sector—Goldman Sachs, JP Morgan Chase, Wells Fargo, and Citigroup.
Direxion Financial Bear 3x falls -4.4%
Direxion Financial Bear 3x (FAZ) is down -4.4%, or -28c to $6.02.
Direxion Financial Bear 3x falls -9.4%
Direxion Financial Bear 3x (FAZ) is down -9.4%, or -73c to $7.07.
Direxion Financial Bear 3x falls -11.3%
Direxion Financial Bear 3x (FAZ) is down -11.3%, or -88c to $6.92.
Direxion Financial Bear 3x falls -10.8%
Direxion Financial Bear 3x (FAZ) is down -10.8%, or -84c to $6.96.
Direxion Financial Bear 3x rises 17.6%
Direxion Financial Bear 3x (FAZ) is up 17.6%, or $1.12 to $7.47.
Direxion Financial Bear 3x rises 10.9%
Direxion Financial Bear 3x (FAZ) is up 10.9%, or 57c to $5.80.
Direxion Financial Bear 3x rises 6.6%
Direxion Financial Bear 3x (FAZ) is up 6.6%, or 34c to $5.58.
Largest borrow rate increases among liquid names
Latest data shows the largest indicative borrow rate increases among liquid option names include: ChargePoint Holdings (CHPT) 37.30% +7.20, Serve Robotics Inc (SERV) 13.48% +1.89, Financial Bear 3X (F...
Unusually active option classes on open November 18th
Unusual total active option classes on open include: Liberty Oilfield Services (LBRT), IShares S&P 500 Index Shares (IVV), Financial Bear 3X (FAZ), Altimeter Growth (GRAB), Cameco (CCJ), Bloom Energy ...
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 ...
