Direxion Daily Financial Bear 3x Shares
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
238% more call options, than puts
Call options by funds: $5.55M | Put options by funds: $1.64M
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.72% less ownership
Funds ownership: 10.04% [Q3] → 9.32% (-0.72%) [Q4]
20% less capital invested
Capital invested by funds: $11M [Q3] → $8.85M (-$2.15M) [Q4]
26% less funds holding
Funds holding: 27 [Q3] → 20 (-7) [Q4]
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Research analyst outlook
We haven’t received any recent analyst ratings for FAZ.
Financial journalist opinion
Neutral
Seeking Alpha
3 days ago
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.
Negative
Seeking Alpha
4 days ago
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.
Positive
ETF Trends
8 months ago
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.
Positive
ETF Trends
1 year ago
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.
Positive
Zacks Investment Research
1 year ago
4 Best Inverse/Leveraged ETF Areas of Last Week
There was growing uneasiness on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated interest rates.
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