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FAZ Overview

Profile

Name:

Direxion Daily Financial Bear 3X Shares

Assets under management:

$122 M

Expense ratio:

1.08%

Inception date:

November 19, 2008

Website:

-

Last ex-dividend date:

December 23, 2024

Next ex-dividend date:

N/A

Description:

The FAZ ETF is an exchange-traded fund that aims to provide inverse exposure to the financial sector. It seeks to profit from declines in financial stocks by using derivatives. Investors use it to hedge against market downturns or to speculate on falling financial markets.

Top holdings

Name
Weight
FINANCIAL SELECT SECTOR INDEX SWAP
21.32 %
Financial Select Sector Index SWAP
15.10 %
DREYFUS GOVT CASH MAN INS
9.17 %
DREYFUS TRSRY SECURITIES CASH MGMT
7.80 %
GOLDMAN FINL SQ TRSRY INST 506
4.57 %
FINANCIAL SELECT SECTOR INDEX SWAP
1.42 %
SecurityDescription(StockTicker)
0.00 %

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Top holdings

Name
Weight
FINANCIAL SELECT SECTOR INDEX SWAP
21.32 %
Financial Select Sector Index SWAP
15.10 %
DREYFUS GOVT CASH MAN INS
9.17 %
DREYFUS TRSRY SECURITIES CASH MGMT
7.80 %
GOLDMAN FINL SQ TRSRY INST 506
4.57 %
FINANCIAL SELECT SECTOR INDEX SWAP
1.42 %
SecurityDescription(StockTicker)
0.00 %

Analyst ratings

FAQ

  • What is FAZ?
  • Does FAZ pay dividends?
  • What stocks are in FAZ?
  • What is the current assets under management for FAZ?
  • What is FAZ average volume?
  • What is FAZ expense ratio?
  • What is FAZ inception date?

What is FAZ?

The FAZ ETF is an exchange-traded fund that aims to provide inverse exposure to the financial sector. It seeks to profit from declines in financial stocks by using derivatives. Investors use it to hedge against market downturns or to speculate on falling financial markets.

Does FAZ pay dividends?

Yes, the Direxion Daily Financial Bear 3X Shares does pays dividends, with the most recent payment being $0.04 per share. The last ex-dividend date was on December 23, 2024, and the next ex-dividend date has not been announced yet

What stocks are in FAZ?

As of today, Direxion Daily Financial Bear 3X Shares inlcudes 7 holdings with the most weighted are FINANCIAL SELECT SECTOR INDEX SWAP (21.32%), Financial Select Sector Index SWAP (15.1%) and DREYFUS GOVT CASH MAN INS (9.17%)

What is the current assets under management for FAZ?

Assets under management of Direxion Daily Financial Bear 3X Shares is $122 M

What is FAZ average volume?

Average volume of Direxion Daily Financial Bear 3X Shares is $5 M

What is FAZ expense ratio?

Expense ratio of Direxion Daily Financial Bear 3X Shares is 1.08%

What is FAZ inception date?

Inception date of Direxion Daily Financial Bear 3X Shares is November 19, 2008