FAZ Direxion Daily Financial Bear 3x ETF
AMEXETFAs of 2026-10-13 16:00
Why FAZ matters now
Direxion Daily Financial Bear 3x ETF (FAZ) is a US etf in Financial Services. The latest InvestLog snapshot shows $36.64 with +1.08% on the session and $105.5M in assets/market value.
The latest indexable market news headline is "Betting Against Banks With FAZ? You’re Actually Shorting Insurers and Brokers" from 247 Wallst.
ETF Profile
Updated 2026-10-13Net Assets
$91.7M
NAV
$36.25
Expense Ratio
1.03%
Holdings
9
Issuer
Direxion
Asset Class
Leveraged/Inverse
Avg Volume
777,157
Inception
2008-11-06
Sector Exposure
Top Holdings
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| — | IXM SWAP ASSET LEG (IXMJPS) | 50.92% | $-92.3M |
| — | IXM SWAP ASSET LEG (IXMSGS) | 46.05% | $-83.5M |
| — | IXM SWAP ASSET LEG (IXMGSS) | 34.26% | $-62.1M |
| — | IXM SWAP ASSET LEG (IXMMLS) | 10.75% | $-19.5M |
| — | IXM SWAP ASSET LEG (IXMUBS) | 9.80% | $-17.8M |
| — | DREYFUS TRSRY SECURITIES CASH MGMT | -13.59% | $24.6M |
| — | GOLDMAN FINL SQ TRSRY INST 506 | -14.17% | $25.7M |
| — | DREYFUS GOVT CASH MAN INS | -24.02% | $43.5M |
Latest News
Fund Info
Asset Type
ETF
Exchange
AMEX
Currency
USD
Issuer
Direxion
Asset Class
Leveraged/Inverse
NAV Currency
USD
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse of the Financials Select Sector Index. The Fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the Index.