Direxion Daily Financial Bear 3X ETF (FAZ)
| Assets | $126.00M |
| Expense Ratio | 1.03% |
| PE Ratio | n/a |
| Shares Out | 2.83M |
| Dividend (ttm) | $1.30 |
| Dividend Yield | 2.96% |
| Ex-Dividend Date | Mar 24, 2026 |
| Payout Ratio | n/a |
| 1-Year Return | -23.45% |
| Volume | 716,224 |
| Open | 42.95 |
| Previous Close | 43.94 |
| Day's Range | 42.48 - 43.96 |
| 52-Week Low | 34.87 |
| 52-Week High | 59.28 |
| Beta | -2.65 |
| Holdings | 12 |
| 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
108.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 52.41% |
| Goldman Finl Sq Trsry Inst 506 | n/a | 36.65% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 13.69% |
| Financial Select Sector Index Swap | n/a | 4.68% |
| Financial Select Sector Index Swap | n/a | 3.70% |
| Financial Select Sector Index Swap | n/a | 0.78% |
| Cash | n/a | -0.09% |
| Financial Select Sector Index Swap | n/a | -0.54% |
| Goldman Collateral | n/a | -0.69% |
| Financial Select Sector Index Swap | n/a | -2.31% |
Dividends
| 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 |
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's FAS, FAZ ETFs Rise To The Forefront Amid Monetary Policy Shift
While the market's attention has largely concentrated on major headlines such as the blistering technology ecosystem, the Federal Reserve's shifting stance on monetary policy deserves careful consider...
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...
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 ...
Let's Take A Look At This Weeks Highest Performing ETFs 4/23
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Let's Take A Look At This Weeks Highest Performing ETFs
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Let's Take A Look At This Weeks Highest Performing ETF
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Let's Take A Look At This Weeks Highest Performing ETFs: AdvisorShares, Breakwave, MicroSectors
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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.
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.
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.
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.
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.
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...
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.
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.
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.