Direxion FundsInverse EquityFAZ · NYSE Arca

Direxion Daily Financial Bear 3X ETF (FAZ)

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Price: $33.49; —30 Oct 2026
Assets: $96.3M; Total net assets
Expense ratio: 1.03%; Category 0.00%
Yield: 2.52%; Trailing distributions

1Y return: -22.6%+7.4%; Category -30.1%
3Y CAGR: -44.8%-7.1%; Category -37.6%
5Y CAGR: -26.7%-2.9%; Category -23.8%

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Direxion Daily Financial Bear 3X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-15.3%	+2.5%	-22.4%	-11.1%	-22.6%	-44.8%	-26.7%	-43.9%	-53.8%
Inverse Equity average	13.6%	-8.9%	-18.8%	-31.3%	-30.1%	-37.6%	-23.8%	-29.4%	-37.1%
Difference	-28.9%	+11.3%	-3.5%	+20.1%	+7.4%	-7.1%	-2.9%	-14.4%	-16.7%

Holdings

This ETF publishes no holdings breakdown.

ETF details

Issuer: Direxion Funds
Category: Equity · Inverse Equity
Ticker: FAZ
Exchange: NYSE Arca
Inception: 6 Nov 2008 (18.0 years)
Structure: Exchange Traded Fund
Expense ratio: 1.03% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 2.52%
Beta, 3 years: -2.11
Total net assets: $96.3M

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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