NYSEARCA:FAZ Direxion Daily Financial Bear 3X Shares (FAZ) Price, Holdings, & News → Bitcoin Rockets To Record High But Buy THIS Instead (From Paradigm Press) (Ad) Free FAZ Stock Alerts $10.77 -0.43 (-3.84%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$10.60▼$11.1650-Day Range$9.81▼$12.7452-Week Range$9.73▼$23.92Volume2.63 million shsAverage Volume3.01 million shsMarket Capitalization$132.47 millionAssets Under Management$139.85 millionDividend Yield5.39%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 $0.1227April 23, 2024 | Stansberry Research (Ad)The "Smart Money" Is Ready for May 1st Are You?Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company. 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 $0.6205April 23, 2024 | Stansberry Research (Ad)The "Smart Money" Is Ready for May 1st Are You?Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company. June 15, 2023 | msn.comDirexion Daily Financial Bull 3X Shares ($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 Holdings10 Fund Statistics Assets Under Management$139.85 million Average Daily Volume$3.63 million Discount/Premium0.02% 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 Volume2,518 Put Options441 Call Options2,077 Short Interest637,600 shs Miscellaneous Outstanding Shares12,300,000Beta-2.60 Creation Unit50,000 Creation Fee$250.00 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him 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%-0.55%-0.68%-0.57%Net Expense1.01%1.16%0.60%0.57%0.58% Direxion Daily Financial Bear 3X Shares (FAZ) HoldingsTop 8 FAZ HoldingsDREYFUS GOVT CASH MAN INSHolding Weight: 52.26%GOLDMAN FINL SQ TRSRY INST 506Holding Weight: 28.12%DREYFUS TRSRY SECURITIES CASH MGMTHolding Weight: 25.55%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -24.87%Financial Select Sector Index SWAPHolding Weight: -35.85%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -53.36%FINANCIAL SELECT SECTOR INDEX SWAPHolding Weight: -81.11%Financial Select Sector Index SWAPHolding Weight: -104.80%Full Holdings Details Similar ETFsFirst Trust Nasdaq Bank ETFNASDAQ:FTXOPIMCO Preferred and Capital Securities Active Exchange-Traded FundNYSEARCA:PRFDSPDR S&P Capital Markets ETFNYSEARCA:KCEPutnam BDC Income ETFNYSEARCA:PBDCFirst Trust NASDAQ ABA Community Bank Index FundNASDAQ:QABAInstitutional OwnershipIMC Chicago LLCBought 55,348 shares on 4/13/2024Ownership: 0.722%Virtu Financial LLCBought 58,846 shares on 2/26/2024Ownership: 0.719%IMC Chicago LLCBought 27,776 shares on 2/9/2024Ownership: 0.321%Empirical Financial Services LLC d.b.a. Empirical Wealth ManagementBought 10,000 shares on 2/6/2024Ownership: 0.093%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 2024. Since then, FAZ shares have decreased by 21.2% and is now trading at $10.77. 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 $139.85 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 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 closing bell 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 number of institutional and retail investors. Top institutional investors include 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. This page (NYSEARCA:FAZ) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
