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Direxion Daily Financial Bear 3X Shares (FAZ)

$38.45

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Key data on FAZ

AUM

$93433231

P/E ratio

-256.6

Dividend yield

4.4467%

Expense ratio

1.04%

Beta

-2.724997

Price on FAZ

Previous close

$38.54

Today's open

$38

Day's range

$37.88 - $38.90

52 week range

$37.88 - $87.90

Profile about FAZ

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Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

FAZ industries and sectors

Alternatives

Trading Tools

Top holdings in FAZ
News on FAZ

Direxion's FAS, FAZ ETFs Rise To The Forefront Amid Monetary Policy Shift

While the market's attention has largely concentrated on major headlines such as the blistering technology ecosystem, the Federal Reserve's shifting stance on monetary policy deserves careful consideration. Last month, the central bank cut its benchmark interest rate by 25 basis points, thus delivering a widely expected move that ended a nine-month policy pause.

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Benzinga • Oct 23, 2025

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Direxion Daily Financial Bear 3X Shares ETF: For Trading, Not Holding

Understand the construction of financial instruments to ensure they align with your investment goals and avoid frustrating those goals by using the wrong instruments. Leveraged ETFs are designed for short-term trading, not long-term holding, due to daily resets and time value decay in derivatives. FAZ, a 3x leveraged bear ETF for the financial sector, should be used for daily trading or speculation, not as a buy-and-hold investment.

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Seeking Alpha • Apr 27, 2025

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FAZ: A Tactical Risk-Enhancement Tool For A Financials Sector Bear Market

Leveraged inverse ETFs like FAZ can be used to gain from market declines, especially in the financial sector, but are not long-term investments. These ETFs should be held for no longer than a single trading day due to price decay and daily rebalancing risks. Timing trades using momentum indicators like RSI can help capture gains, but caution is advised to avoid overuse and potential losses.

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Seeking Alpha • Apr 26, 2025

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Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

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ETF Trends • Aug 1, 2024

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Top Performing Leveraged/Inverse ETFs: 04/14/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

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ETF Trends • Apr 16, 2024

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Moody's Downgrade 10 U.S. Banks: ETF Strategies to Play

Moody's rating downgrade has shed light on the intricate challenges facing U.S. banks, both large and small.

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Zacks Investment Research • Aug 9, 2023

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Fast And Furious Leveraged ETFs (FAS And FAZ)

The article discusses the 2 Direxion Daily Financial Bull & Bear 3x ETFs (FAS and FAZ) and how they provide 3x daily exposure to the S&P Financial Select Sector Index. The ETFs are not designed for long-term investment due to high volatility and potential for significant losses, as evidenced by their underperformance in the long term. Despite their high risk, the ETFs maintain a good 3x daily leveraged and inverse exposure to the underlying index, making them suitable for tactical or speculative opportunities.

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Seeking Alpha • Jul 5, 2023

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May MDA Breakout Stocks/ETFs Week 19: High-Frequency Gainers To Give You An Edge

Two new Breakout Stocks for Week 19 with better than 10% short-term upside, ETF updates, and Dow 30 Picks. Average cumulative returns for 2023 are +65.7% YTD. Negative MG Signal continues, but peak gains were in HMY +18.5% and BLUE +16.7%. The Active ETF portfolio continues with YTD gains at +18.16%.

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Seeking Alpha • May 8, 2023

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Should You Stay Away from Bank ETFs Following Buffett?

Warren Buffett has divested from multiple banks after identifying concerning issues in their financial practices.

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Zacks Investment Research • Apr 26, 2023

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As Banking Woes Continue, Get Bearish on Financials With This ETF

The economy is already having to contend with inflation when it comes to stifling growth, but the current banking system could bring additional strife. The International Monetary Fund (IMF) is worried the recent bank rescues could create a perfect storm that could hamper economic growth.

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ETF Trends • Apr 14, 2023

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