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 14 June 2019
Asset Under Management 175.79 Million (USD)
1 Month Total Return -7.26 %
Year To Date Return -41.46 %
1 Year Total Return -22.47 %
3 Year Annualized Total Return -40.88 %
NAV 7.92491
Share Outstanding 22,182,100
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
RUSS 1000 FINAN INDX SWAP RGUSFL SWAP 1.1822078313
RUSS 1000 FINAN INDX SWAP RGUSFLU SWAP 0.1917845163
RUSS 1000 FINAN INDX SWAP RGUSFLML SWAP 0.1330484340
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.2373107639
BANK OF NEW YORK CASH RESERVE MMKT -0.2127132027
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0312200893
DREYFUS GOVT CASH MGMT MMKT -0.0232668154
GOLDMAN FINL SQ TRSRY INS MMKT -0.0024601101
GOLDMAN FINL SQ TRSRY INS MMKT -0.0000698001
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0000000001