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    Direxion Daily Financial Bear 3X ETF (FAZ)

    39.55 Down 0.06(0.15%) Nov 25, 4:00PM EST
    Profile as of Oct 30, 2015Get Profile for:
    Direxion Daily Financial Bear 3X ETF

    Phone: 866-476-7523
    Fund Overview 
    Category: Trading-Inverse Equity
    Fund Family: Direxion Funds
    Net Assets:311.13M
    Fund Inception Date:Nov 6, 2008
    Legal Type:Exchange Traded Fund
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    Morningstar Style Box 
    Trading-Inverse Equity
    [View Category Definition]
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    About the Morningstar Style Box

    Fund Summary 
    The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000® Financial Services Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the Russell 1000® Financial Services Index. It is non-diversified.

    Fund Operations 
     FAZCategory Avg
    Annual Report Expense Ratio (net)0.95%N/A
    Annual Holdings TurnoverNaNN/A
    Total Net AssetsNaNN/A
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