Direxion Daily Financial Bear 3X Shares  

(Public, NYSEARCA:FAZ)   Watch this stock  
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17.36
+0.10 (0.58%)
After Hours: 17.38 +0.02 (0.12%)
Jul 21, 6:19PM EDT  
NYSEARCA real-time data - Disclaimer
Currency in USD
Range 17.31 - 17.56
52 week 16.94 - 33.35
Open 17.40
Vol. 0.00
Mkt cap 381.11M
P/E     -
Div/yield     -
EPS -456.10
Shares 21.85M
Beta -3.25
Inst. own 20%

Key stats and ratios

Q2 (Apr '10) 2009
Net profit margin -212223.30% -305955.50%
Operating margin -1585.39% -947.71%
EBITD margin - -947.71%
Return on average assets -102.55% -
Return on average equity -116.76% -
CDP Score - -

Address


New York, NY 10004
United States - Map

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

Direxion Daily Financial Bear 3x Shares (the Fund) seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending. The Fund invests 80% of its net assets in futures contracts; indices and futures contracts; equity caps, collars and floors; swap agreements, forward contracts; short positions; reverse repurchase agreements; exchanges traded funds and other financial instruments. The Fund�s adviser is Rafferty Asset Management, LLC.