Direxion Daily Financial ... (FAZ)
| Bid | 4.81 |
| Market Cap | 103.72M |
| AUM | 110.68M |
| NAV | 4.64 |
| EPS (ttm) | n/a |
| PE Ratio (ttm) | n/a |
| Shares Out | 21.95M |
| Inception Date | Nov 6, 2008 |
| Ask | 4.82 |
| Volume | 15.78M |
| Open | 4.67 |
| Previous Close | 4.65 |
| Day's Range | 4.67 - 4.79 |
| 52-Week Range | 4.60 - 11.43 |
| Holdings | 9 |
| Expense Ratio | 1.04% |
About FAZ
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 includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; capital markets; Insurance; and Mortgage REITs. It is non-diversified.
Top 10 Holdings 26.69% of assets
| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Ma... | - | 14.77% |
| Dreyfus Trsry Securi... | - | 6.14% |
| Goldman Finl Sq Trsr... | - | 5.78% |
Dividends Dividend Yield 7.18%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| Mar 25, 2025 | $0.1032 | Apr 1, 2025 |
| Dec 23, 2024 | $0.0419 | Dec 31, 2024 |
| Sep 24, 2024 | $0.1016 | Oct 1, 2024 |
| Jun 25, 2024 | $0.1445 | Jul 2, 2024 |
| Mar 19, 2024 | $0.1796 | Mar 26, 2024 |
3 weeks ago · seekingalpha.com
Direxion Daily Financial Bear 3X Shares ETF: For Trading, Not HoldingUnderstand the construction of financial instruments to ensure they align with your investment goals and avoid frustrating those goals by using the wrong instruments. Leveraged ETFs are designed for s...
3 weeks ago · seekingalpha.com
FAZ: A Tactical Risk-Enhancement Tool For A Financials Sector Bear MarketLeveraged inverse ETFs like FAZ can be used to gain from market declines, especially in the financial sector, but are not long-term investments. These ETFs should be held for no longer than a single t...