NYSEARCA:FAZ Direxion Daily Financial Bear 3X Shares (FAZ) Price, Holdings, & News → the most reliable asset on earth is making a comeback (From DTI) (Ad) Free FAZ Stock Alerts $9.81 -0.15 (-1.51%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$9.74▼$9.9950-Day Range$9.81▼$13.4852-Week Range$9.73▼$23.92Volume2.32 million shsAverage Volume2.64 million shsMarket Capitalization$133.42 millionAssets Under Management$119.43 millionDividend Yield5.91%Net Expense Ratio1.01% Stock AnalysisStock AnalysisChartHeadlinesHoldingsOwnershipStock AnalysisChartHeadlinesHoldingsOwnership Get Direxion Daily Financial Bear 3X Shares alerts: Email Address About Direxion Daily Financial Bear 3X SharesDirexion Daily Financial Bear 3x Shares (the Fund) seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Financial Services Index (the Index). 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 cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending. The Fund invests 80% of its net assets in futures contracts; indices and futures contracts; equity caps, collars and floors; swap agreements, forward contracts; short positions; reverse repurchase agreements; exchanges traded funds and other financial instruments. The Fund’s adviser is Rafferty Asset Management, LLC.Read More FAZ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FAZ ETF News HeadlinesMarch 19, 2024 | msn.comDirexion Daily AAPL Bear 1X Shares goes ex dividend tomorrowDecember 21, 2023 | msn.comDirexion Daily Technology Bear 3X Shares declares quarterly distribution of $0.1227March 29, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…December 21, 2023 | msn.comDirexion Daily Financial Bear 3X Shares declares quarterly distribution of $0.38289September 20, 2023 | msn.comDirexion Daily Financial Bull 3X Shares declares quarterly distribution of $0.2928August 21, 2023 | ca.finance.yahoo.comFAZ - Direxion Daily Financial Bear 3X SharesJuly 5, 2023 | msn.comFast And Furious Leveraged ETFs (FAS And FAZ)June 22, 2023 | msn.comDirexion Daily Financial Bear 3X Shares declares quarterly distribution of $0.6205March 29, 2024 | Crypto 101 Media (Ad)Major Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. 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Email Address Fund Details IssuerDirexion Fund NameDirexion Daily Financial Bear 3X Shares Tax ClassificationRegulated Investment Company Stock ExchangeNYSEARCACurrent SymbolNYSEARCA:FAZ Inception Date11/6/2008 Fund ManagerPaul Brigandi, Tony Ng Webwww.direxionshares.com PhoneN/AFund Focus Asset ClassEquity BenchmarkFinancials Select Sector Index CategorySector FocusFinancials Development LevelDeveloped Markets RegionNorth America Number of Holdings21 Fund Statistics Assets Under Management$119.43 million Average Daily Volume$2.45 million Discount/Premium0.01% Leveraged-3.00 Administrator, Advisor and Custodian AdministratorU.S. Bancorp Fund Services, LLC AdvisorRafferty Asset Management, LLC CustodianThe Bank of New York Mellon Corporation DistributorForeside Fund Services, LLC Transfer AgentThe Bank of New York Mellon Corporation TrusteeN/A Lead Market MakerVirtu Financial Options OptionableOptionable Options Volume570 Put Options179 Call Options391 Short Interest622,900 shs Miscellaneous Outstanding Shares13,600,000Beta-2.60 Creation Unit50,000 Creation Fee$250.00 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? 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Absolutely no strings attached.Secure Your Spot Now Direxion Daily Financial Bear 3X Shares ExpensesTypeFAZFinancials ETFsEquity ETFsNYSEARCA ETFsAll ETFsManagement Fee0.75%0.50%0.54%0.50%0.51%Other Expenses0.26%1.74%0.54%0.64%0.58%Total Expense1.01%1.26%0.70%0.74%0.70%Fee Waiver0.00%-0.48%-0.54%-0.69%-0.56%Net Expense1.01%1.16%0.60%0.57%0.58% Direxion Daily Financial Bear 3X Shares (FAZ) HoldingsTop 8 FAZ HoldingsGOLDMAN FINL SQ TRSRY INST 506Holding Weight: 44.22%DREYFUS GOVT CASH MAN INSHolding Weight: 40.91%DREYFUS TRSRY SECURITIES CASH MGMTHolding Weight: 11.99%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -23.88%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -42.43%Financial Select Sector Index SWAPHolding Weight: -52.26%Financial Select Sector Index SWAPHolding Weight: -60.69%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -120.75%Full Holdings Details Similar ETFsFirst Trust Nasdaq Bank ETFNASDAQ:FTXOPIMCO Preferred and Capital Securities Active Exchange-Traded FundNYSEARCA:PRFDFirst Trust NASDAQ ABA Community Bank Index FundNASDAQ:QABAPutnam BDC Income ETFNYSEARCA:PBDCInvesco KBW Regional Banking ETFNASDAQ:KBWRInstitutional OwnershipGoldman Sachs Group Inc.Sold 1,922 shares on 3/1/2024Ownership: 0.150%Virtu Financial LLCBought 58,846 shares on 2/26/2024Ownership: 0.719%Citadel Advisors LLCSold 28,200 shares on 2/15/2024Ownership: 0.000%GTS Securities LLCBought 42,700 shares on 2/15/2024Ownership: 0.000%Wolverine Trading LLCSold 14,100 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions FAZ ETF - Frequently Asked Questions How have FAZ shares performed in 2024? Direxion Daily Financial Bear 3X Shares' stock was trading at $13.67 at the beginning of the year. Since then, FAZ shares have decreased by 28.2% and is now trading at $9.81. View the best growth stocks for 2024 here. What does FAZ invest in? Direxion Daily Financial Bear 3X Shares is a equity fund issued by Direxion. FAZ focuses on financials investments and follows the Financials Select Sector Index. The fund's investments total to approximately $119.43 million assets under management. What is the management fee for Direxion Daily Financial Bear 3X Shares? Direxion Daily Financial Bear 3X Shares' management fee is 0.75% and has other expenses of 0.26%. The net expense ratio for FAZ is 1.01%. When did Direxion Daily Financial Bear 3X Shares' stock split? Shares of Direxion Daily Financial Bear 3X Shares reverse split on Friday, June 28th 2019. The 1-5 reverse split was announced on Friday, May 24th 2019. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 27th 2019. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. What other stocks do shareholders of Direxion Daily Financial Bear 3X Shares own? Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Financial Bear 3X Shares investors own include Direxion Daily Gold Miners Index Bull 2x Shares (NUGT), NIO (NIO), Tesla (TSLA), Direxion Daily Small Cap Bear 3X Shares (TZA), Walt Disney (DIS), Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG), NVIDIA (NVDA), PayPal (PYPL), Netflix (NFLX) and Alibaba Group (BABA). Who are Direxion Daily Financial Bear 3X Shares' major shareholders? Direxion Daily Financial Bear 3X Shares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.72%), Citadel Advisors LLC (0.00%), Tower Research Capital LLC TRC (0.67%), GTS Securities LLC (0.00%), IMC Chicago LLC (0.32%) and Wolverine Trading LLC (0.00%). How do I buy shares of Direxion Daily Financial Bear 3X Shares? Shares of FAZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSEARCA:FAZ) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Direxion Daily Financial Bear 3X Shares Please log in to your account or sign up in order to add this asset to your watchlist. 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