Direxion Daily Financial Bear 3X Shares (FAZ)
- Expense ratio1.04%
- Net assets$87.5M
- Dividend yield2.44%
- 1-year return-22.52%
- Holdings1
FAZ ETF price chart
FAZ quote & trading statistics
FAZ performance
Annual returns & drawdowns →- YTD-12.20%
- 1 year-22.52%
- 3 years-45.67%/yr
- 5 years-25.21%/yr
- 10 years-45.90%/yr
- 1Y volatility
- 43.54%
- 3Y volatility
- 42.07%
- 3Y Sharpe ratio
- -1.06
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FAZ holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | FTIXX | Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares | 32.98% |
This holding makes up 33.0% of the fund. As of October 23, 2026.
About Direxion Daily Financial Bear 3X Shares
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: financial services; insurance; banks; capital markets; mortgage real estate investment trusts ("REITs"); and consumer finance. It is non-diversified.
FAZ ETF FAQ
What is the FAZ expense ratio?
Direxion Daily Financial Bear 3X Shares has a net expense ratio of 1.04%, or $104.00 a year for every $10,000 invested.
How much money is in FAZ?
Direxion Daily Financial Bear 3X Shares has about $87.5M in net assets.
What are the top holdings of FAZ?
The largest positions in FAZ are Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares (32.98%). The fund holds 1 securities in total.
How has FAZ performed?
FAZ returned -22.52% over the past year and -25.21% a year over the past five years, including reinvested distributions.
Does FAZ pay dividends?
FAZ has a dividend yield of 2.44% and pays distributions quarterly.
When was FAZ launched?
Direxion Daily Financial Bear 3X Shares began trading on November 6, 2008.