Premium Access    ETF Search:   

Direxion Financial Bear 3X Shares (FAZ) - ETF


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Avg Vol2m
52 wk High45.92
52 wk Low17.00
Inception:Nov 2008
(as of 2017-03-24)
Total Returns:
1 day0.1%
5 day8.5%
1 month9.6%
3 month-6.6%
6 month-35.9%
9 month-45.8%
1 year-55.1%
Compare Funds:
Correlated Group: Financial (View cGroup) (All Groups)


Correlated Funds

Most Directly Correlated
Proshares UltraShort FinancialsSKF1.00  
Proshares UltraShort Dow30DXD0.86  
ProShares UltraPro Short Dow30SDOW0.85  
ProShares Short Dow 30DOG0.85  
Proshares Short Russell 2000RWM0.85  
Direxion Small Cap Bear 3X SharesTZA0.84  
ProShares UltraPro Short Russell2000SRTY0.84  
Proshares UltraShort Russell2000TWM0.84  
ProShares UltraPro Short S&P 500SPXU0.82  
Direxion S&P 500 Bear 3X SharesSPXS0.82  
Least Correlated
AdvisorShares Newfleet Multi-Sector IncomeMINC0.02  
SPDR Barclays 1-3 Month T-Bill ETFBIL0.01  
Guggenheim S&P Equal Weight Utilities ETFRYU0.01  
Teucrium Corn Fund ETFCORN0.00  
iShares Short Maturity Bond ETFNEAR-0.01  
iPath DJ AIG Grains ETNJJG-0.01  
WisdomTree Emer Mkts Corporate Bond ETFEMCB-0.02  
SPDR Dorsey Wright Fixed Income Allocation ETFDWFI-0.03  
iShares S&P Gbl Consumer StaplesKXI-0.03  
VanEck Vectors Preferred Securities ETFPFXF-0.03  
Most Inversely Correlated
iShares S&P Global Financial Index FundIXG-0.92  
Select Sector SPDR Fund - FinancialXLF-0.94  
Guggenheim S&P Equal Weight Financial ETFRYF-0.95  
Fidelity MSCI FinancialsFNCL-0.96  
iShares US Financial SvcsIYG-0.96  
Vanguard FinancialsVFH-0.96  
First Trust Financials AlphaDEX FundFXO-0.97  
Proshares Ultra FinancialsUYG-1.00  
iShares US FinancialsIYF-1.00  
Direxion Financial Bull 3X SharesFAS-1.00  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-03-24.

Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.

Important Disclaimer: The information provided by is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite