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FAZ - Direxion Daily Financial Bear 3X Shares

Expense Ratio: 1.08%

FAZ ETF Stock Chart

FAZ Profile

Direxion Daily Financial Bear 3X Shares logo

The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). 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.


 

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