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Direxion Daily Financial Bear 3X ETF

NYSE ARCA: FAZ
18.77
+0.11
+0.59%
4/27/2017 3:36 PM EDT
5 Years
  • Open

    18.57

  • Previous Close

    18.66

  • Vol (3-Month Avg.)

    2.14M

  • Day's Range

    18.54-19.00

  • 52 week range

    17.00-45.92

  • Net Assets

    231.94M

  • Yield

    0.00%

  • Category

    Trading--Inverse Equity

  • Morningstar Risk

    -

Profile

Name of Issuer

Direxion Funds

Expenses

0.95%

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.

Inception

11/6/2008

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