FAZ

Fund Description
The Financial Bear 3X ETF 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 (Financial Index). There is no guarantee the fund will meet its stated investment objective.
Fund Profile
Fund Name Direxion Daily Financial Bear 3X Shares
Fund Exchange Ticker FAZ
Fund Sponsor Direxion Shares
Fund ISIN US25490K5395
Net Expense Ratio 0.95 %
Fund Inception Date 6 November 2008
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Russell 1000 Financial Services Index
Index Provider FTSE Russell
Currency Hedged No
Inverse / Leveraged Inverse (-3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 148.05 Million (USD)
1 Month Total Return -21.82 %
Year To Date Return -21.81 %
1 Year Total Return 0.84 %
3 Year Annualized Total Return -42.16 %
NAV 10.5882
Share Outstanding 13,982,100
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
RUSS 1000 FINAN INDX SWAP SWAP 1.3290050481
RUSS 1000 FINAN INDX SWAP SWAP 0.2478577475
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.2761163377
BANK OF NEW YORK CASH RESERVE MMKT -0.2236022507
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0438805643
GOLDMAN FINL SQ TRSRY INS MMKT -0.0332636427
GOLDMAN FINL SQ TRSRY INST 506 GTRXX MMKT -0.0000000001
DREYFUS GOVT CASH MGMT DGCXX EQUI -0.0000000001