NYSEArca - Delayed Quote USD

Direxion Daily Financial Bear 3X Shares (FAZ)

10.86 +0.07 (+0.65%)
At close: April 26 at 4:00 PM EDT
10.94 +0.08 (+0.74%)
After hours: April 26 at 7:59 PM EDT

ETF Summary

The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; capital markets; Insurance; and Mortgage REITs. It is non-diversified.

Risk Overview

Performance & Risk

YTD Return -19.20%
5y Average Return -48.59%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) -2.78
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FAZCategory AverageFAZCategory AverageFAZCategory Average
Alpha 0.95 -- -18.59 -- -12.55 --
BETA -2.78 -- -2.63 -- -2.72 --
Mean Annual Return -1.88 -- -4.36 -- -3.63 --
R-squared 66.82 -- 68.62 -- 71.95 --
Standard Deviation 59.59 -- 58.38 -- 48.61 --
Sharpe Ratio -0.43 -- -0.93 -- -0.93 --
Treynor Ratio 12.98 -- 20.27 -- 16.48 --

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