FAZ icon

Direxion Daily Financial Bear 3x Shares
FAZ

Overview Fund Activity
4.06 USD
-0.12
2.87%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
4.05
-0.01
0.25%
1 day
-2.87%
5 days
-4.47%
1 month
-7.73%
3 months
-19.6%
6 months
-33%
Year to date
-36.66%
1 year
-49.57%
5 years
-96.41%
10 years
-99.79%
0
Funds holding %
of 7,463 funds
–
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

157% more call options, than puts

Call options by funds: $8.11M | Put options by funds: $3.15M

0.5% less ownership

Funds ownership: 12.49% [Q1] → 11.99% (-0.5%) [Q2]

1% less capital invested

Capital invested by funds: $12M [Q1] → $11.9M (-$160K) [Q2]

16% less funds holding

Funds holding: 25 [Q1] → 21 (-4) [Q2]

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

55% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 11

See Fund Rankings

Financial journalist opinion

Neutral
Seeking Alpha
4 months 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.
Direxion Daily Financial Bear 3X Shares ETF: For Trading, Not Holding
Negative
Seeking Alpha
4 months 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.
FAZ: A Tactical Risk-Enhancement Tool For A Financials Sector Bear Market
Positive
ETF Trends
1 year 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.
Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally
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.
4 Best Inverse/Leveraged ETF Areas of Last Week
See News Rankings
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