About
FAZ provides 3x inverse exposure to a market cap-weighted index of US large-cap financial companies.
- Name
- Direxion Daily Financial Bear 3X ETF
- Index tracked
- Financials Select Sector TR USD
- Type
- Other
- Expense ratio
- 1.03%
- Management fee
- 0.75%
- Dividend policy
- Quarterly
- NAV
- USD 31.137 (08/28/2026)
- Issued units
- 2.98M (08/28/2026)
- Listing date
- Nov 6, 2008
- Sponsor
- Direxion Funds
- Custodian
- The Bank of New York Mellon