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NYSEARCA:FAZ

Direxion Daily Financial Bear 3X Shares (FAZ) Price, Holdings, & News

Direxion Daily Financial Bear 3X Shares logo
$30.40 -1.45 (-4.55%)
As of 09/3/2026 04:10 PM Eastern

About Direxion Daily Financial Bear 3X Shares (NYSEARCA:FAZ)

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Key Stats

Today's Range
$30.33
$31.33
50-Day Range
$30.40
$39.51
52-Week Range
$30.33
$56.37
Volume
1.71 million shs
Average Volume
827,211 shs
Market Capitalization
$82.99 million
Assets Under Management
$96.61 million
Dividend Yield
3.85%
Net Expense Ratio
1.03%
Aggregate Rating
N/A

ETF Overview

Direxion 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.

Direxion Daily Financial Bear 3X Shares Expenses

TypeFAZFinancials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.50%0.57%0.50%0.53%
Other Expenses0.28%1.88%0.53%0.60%0.54%
Total Expense1.03%1.39%0.75%0.75%0.73%
Fee Waiver0.00%-0.41%-0.67%-0.78%-0.68%
Net Expense1.03%1.27%0.63%0.57%0.60%
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FAZ ETF News Headlines

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See More Headlines

FAZ ETF - Frequently Asked Questions

Direxion Daily Financial Bear 3X Shares' stock was trading at $38.43 on January 1st, 2026. Since then, FAZ shares have decreased by 20.9% and is now trading at $30.40.

Direxion Daily Financial Bear 3X Shares shares 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.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Financial Bear 3X Shares investors own include SPDR S&P 500 ETF Trust (SPY), Dell Technologies (DELL), Vanguard S&P 500 ETF (VOO), V.F. (VFC), ProShares Ultra Semiconductors (USD), Tesla (TSLA).

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Financial Bear 3X Shares
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:FAZ
Inception Date
11/6/2008
Fund Manager
Paul Brigandi, Tony Ng
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Financial Select Sector Index
Category
Sector
Focus
Financials
Development Level
Developed Markets
Region
North America
Number of Holdings
14

Fund Statistics

Assets Under Management
$96.61 million
Average Daily Volume
$759.13 thousand
Discount/Premium
-0.04%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
159
Put Options
28
Call Options
131
Short Interest
312,500 shs

Miscellaneous

Beta
-2.44
Creation Unit
50,000
Creation Fee
$250.00
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Top 9 FAZ Holdings

  • Dreyfus Govt Cash Man Ins
    Holding Weight: 56.52%
  • Goldman Finl Sq Trsry Inst 506
    Holding Weight: 31.63%
  • Dreyfus Trsry Securities Cash Mgmt
    Holding Weight: 28.27%
  • Financial Select Sector Index Swap
    Holding Weight: -0.24%
  • Cash
    Holding Weight: -0.26%
  • Financial Select Sector Index Swap
    Holding Weight: -1.32%
  • Financial Select Sector Index Swap
    Holding Weight: -1.67%
  • Financial Select Sector Index Swap
    Holding Weight: -6.23%
  • Financial Select Sector Index Swap
    Holding Weight: -6.71%

This page (NYSEARCA:FAZ) was last updated on 9/4/2026 by MarketBeat.com Staff.
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