Direxion Daily Financial Bear 3X Shares (FAZ)

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11.24 -0.37  -3.19% NYSE Arca Jul 1, 3:17PM Delayed 2m USD
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FAZ Price Chart

FAZ Description

Direxion Daily Financial Bear 3X Shares is a long-short equity fund managed by Direxion Funds that tracks the Russell 1000/Financial Services TR USD index and has 315.63M USD assets under management. The fund has a net expense ratio of 0.99% and is traded on the New York Stock Exchange Arca.

FAZ Key Info

Expense Ratio (2-27-15) 0.99%
Assets Under Management (6-30-15) 315.63M
30-Day Average Volume (6-30-15) 2.698M
Net Asset Value (6-30-15) 11.65
Discount or Premium to NAV (6-30-15) -0.11%
Turnover Ratio (10-31-14) 0.00%

FAZ Asset Allocation

Type % Net % Long % Short
Cash 389.4% 411.2% 21.78%
Stock -289.4% 0.00% 289.4%
Bond 0.00% 0.00% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 0.00% 0.00% 0.00%
As of May 31, 2015

FAZ Region Exposure

Americas --
North America --
Latin America --
Greater Europe --
United Kingdom --
Europe Developed --
Europe Emerging --
Africa/Middle East --
Greater Asia --
Japan --
Australasia --
Asia Developed --
Asia Emerging --
Market Classification
% Developed Markets --
% Emerging Markets --
Date Unavailable
Region breakdown data is calculated by using the long position holdings of the portfolio.

FAZ Stock Sector Exposure

Basic Materials 0.00%
Communication Services 0.00%
Consumer Cyclical 0.00%
Consumer Defensive 0.00%
Energy 0.00%
Financial Services 0.00%
Healthcare 0.00%
Industrials 0.00%
Real Estate 0.00%
Technology 0.00%
Utilities 0.00%
As of May 31, 2015

FAZ Stock Market Capitalization

Giant --
Large --
Medium --
Small --
Micro --
As of May 31, 2015
View More Holdings

FAZ Top 7 Holdings

Name % Weight Price % Chg
Russ 1000 Finan Indx Swap 122.5% -- --
Russ 1000 Finan Indx Swap 39.67% -- --
Russ 1000 Finan Indx Swap 38.08% -- --
Russ 1000 Finan Indx Swap 33.01% -- --
Russ 1000 Finan Indx Swap 24.72% -- --
Russ 1000 Finan Indx Swap 17.83% -- --
Russ 1000 Finan Indx Swap 13.65% -- --
As of May 31, 2015
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FAZ Basic Info

Style
Broad Asset Class Alternative
Broad Category Alternative
Prospectus Objective Specialty - Financial
Fund Owner Firm Name Direxion Funds
Benchmark Index
Russell 1000/Financial Services TR USD -300.0%

FAZ Manager Info

Name Tenure
Paul Brigandi 6.40 yrs

FAZ Risk Info

Beta -3.253
Max Drawdown (All) 99.97%
Historical Sharpe (10y) --
Historical Sortino (All) -1.049
30-Day Rolling Volatility 34.75%
Daily Value at Risk (VaR) 1% (All) 19.84%
Monthly Value at Risk (VaR) 1% (All) 70.94%

FAZ Fundamentals

Dividend Yield TTM (7-1-15) 0%
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield --
Forecasted PE Ratio --
Forecasted Price to Sales Ratio --
Forecasted Price to Book Ratio --
Number of Holdings 17
As of May 31, 2015

FAZ Growth Estimates

Forecasted 5 Yr Earnings Growth --
Forecasted Book Value Growth --
Forecasted Cash Flow Growth --
Forecasted Earnings Growth --
Forecasted Revenue Growth --
As of May 31, 2015

FAZ Performance

  Returns Total Returns
1M -2.85% -2.85%
3M -7.64% -7.64%
6M -8.39% -8.39%
1Y -36.64% -36.64%
3Y -87.59% -87.59%
5Y -96.77% -96.77%
As of June 30, 2015

FAZ Net Flows

1M 58.22M
3M 67.58M
6M 76.85M
YTD 88.48M
1Y 106.19M
3Y 705.19M
5Y 1.453B
As of May 31, 2015

FAZ Attributes

Key Dates
Inception Date 11/6/2008
Last Annual Report Date 10/31/2014
Last Prospectus Date 2/27/2015
Attributes
Exchange Traded Share Yes
Exchange Traded Note No
Enhanced Index Fund No
Index Fund Yes
Inverse Fund Yes
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund Yes
Has Dividend Investment Plan No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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