NYSEARCA:FAZ Direxion Daily Financial Bear 3X Shares (FAZ) Price, Holdings, & News → Democrats’ “break glass for emergency” candidate for 2024 (From The Freeport Society) (Ad) Free FAZ Stock Alerts $11.10 +0.08 (+0.73%) (As of 06/13/2024 ET) Add Compare Share Share Today's Range$11.04▼$11.3050-Day Range$9.75▼$11.8352-Week Range$9.73▼$23.76Volume1.84 million shsAverage Volume2.69 million shsMarket Capitalization$140.97 millionAssets Under Management$139.44 millionDividend Yield5.23%Net Expense Ratio1.01% Stock AnalysisStock AnalysisChartHoldingsOwnershipStock AnalysisChartHoldingsOwnership 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 $0.1227December 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 $0.6205June 15, 2023 | msn.comDirexion Daily Financial Bull 3X Shares ($FAS) And Direxion Daily Financial Bear 3x Shares ($FAZ)See More Headlines Receive FAZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Direxion Daily Financial Bear 3X Shares and its competitors with MarketBeat's FREE daily newsletter. 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 Holdings18 Fund Statistics Assets Under Management$139.44 million Average Daily Volume$2.76 million Discount/Premium0.00% 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 Volume335 Put Options97 Call Options238 Short Interest568,000 shs Miscellaneous Outstanding Shares12,700,000Beta-2.60 Creation Unit50,000 Creation Fee$250.00 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. 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Direxion Daily Financial Bear 3X Shares ExpensesTypeFAZFinancials ETFsEquity ETFsNYSEARCA ETFsAll ETFsManagement Fee0.75%0.50%0.54%0.51%0.51%Other Expenses0.26%1.75%0.54%0.64%0.58%Total Expense1.01%1.24%0.70%0.74%0.70%Fee Waiver0.00%-0.39%-0.54%-0.68%-0.56%Net Expense1.01%1.16%0.60%0.58%0.58% Direxion Daily Financial Bear 3X Shares (FAZ) HoldingsTop 8 FAZ HoldingsGOLDMAN FINL SQ TRSRY INST 506Holding Weight: 50.72%DREYFUS GOVT CASH MAN INSHolding Weight: 42.17%DREYFUS TRSRY SECURITIES CASH MGMTHolding Weight: 16.50%Financial Select Sector Index SWAPHolding Weight: -9.74%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -14.96%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -59.46%Financial Select Sector Index SWAPHolding Weight: -100.35%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -115.49%Full Holdings Details Similar ETFsFirst Trust Nasdaq Bank ETFNASDAQ:FTXOPIMCO Preferred and Capital Securities Active Exchange-Traded FundNYSEARCA:PRFDPutnam BDC Income ETFNYSEARCA:PBDCFirst Trust NASDAQ ABA Community Bank Index FundNASDAQ:QABACalvert Ultra-Short Investment Grade ETFNYSEARCA:CVSBInstitutional OwnershipVirtu Financial LLCBought 13,301 shares on 5/20/2024Ownership: 0.950%IMC Chicago LLCBought 55,348 shares on 4/13/2024Ownership: 0.722%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 stock has decreased by 18.8% and is now trading at $11.10. 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 $139.44 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? Direxion Daily Financial Bear 3X Shares's stock reverse split before market open 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 retail and institutional investors. Top institutional investors include Virtu Financial LLC (0.95%) and IMC Chicago LLC (0.72%). 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. 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