DIREXION DAILY FINANCIAL BEAR 3X SHARES

NYSE ARCA: FAZ
$11.66
-$0.10 (-0.9%)
Closing price April 18, 2024
Direxion Daily Financial Bear 3X Shares is an exchange-traded fund (ETF) designed for investors looking to capitalize on declines in the financial sector. Managed by Rafferty Asset Management, this fund achieves its goal by investing in derivatives and other funds, specifically targeting large-cap companies within the financial sector. It aims to offer three times the inverse daily performance of the Financials Select Sector Index, making it a strategic choice for those anticipating downturns in financial stocks.
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