Direxion Daily Financial Bear 3X Shares (FAZ)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
42.27 USD
-1.00
(-2.311%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 42.35 +0.08 (0.189%) ⇧ (April 17, 2026, 7:54 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 1:32 p.m. EDT
FAZ is a leveraged inverse ETF designed to provide 3x daily exposure to the inverse performance of the financial sector. Given the recent price history, which shows a mix of upward and downward movements, and the current dividend yield, it's a potentially attractive option for short-term traders looking to capitalize on volatility. However, the long-term investment rating is low due to the inherent risks of leveraged ETFs and the potential for significant losses in a prolonged downturn. Dividend investors may find it appealing due to the consistent payouts, but it's important to note that these dividends are not a reliable indicator of long-term growth. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.116844 |
| AutoETS | 0.116847 |
| MSTL | 0.122157 |
| AutoTheta | 0.165812 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 32.73 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.163 |
| Excess Kurtosis | -1.39 |
As of April 11, 2026, 1:32 p.m. EDT: Options speculators are showing mixed signals. The calls and puts data indicate a significant amount of activity around the current price range, with notable spikes in volume and open interest (OI) for both calls and puts. The ATM (at-the-money) strikes are showing increased IV (implied volatility) and OI, suggesting a consensus that the price might move significantly in either direction. However, there are also signs of bearish sentiment with a focus on lower strike prices for puts, indicating potential downside risk. The overall options activity suggests a volatile environment with traders anticipating a move, but the lack of clear direction makes it challenging to determine the exact trajectory.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.74% | 2.98% | 4.27% | 2.84% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.379 | 0.740234 |
| 2025-12-23 | 0.163 | 0.444395 |
| 2025-09-23 | 0.380 | 0.947012 |
| 2025-06-24 | 0.380 | 0.847443 |
| 2025-03-25 | 1.030 | 1.945611 |
| 2024-12-23 | 0.420 | 0.697975 |
| 2024-09-24 | 1.020 | 1.340800 |
| 2024-06-25 | 1.450 | 1.478092 |
| 2024-03-19 | 1.800 | 1.848507 |
| 2023-12-21 | 0.800 | 0.628319 |
| 2023-09-19 | 1.490 | 0.951708 |
| 2023-06-21 | 1.690 | 0.953137 |
| 2023-03-21 | 2.690 | 1.356993 |
| 2022-12-20 | 0.010 | 0.005574 |
| 2020-03-24 | 3.600 | 0.105758 |
| 2019-12-23 | 5.840 | 0.294902 |
| 2019-09-24 | 19.280 | 0.789446 |
| 2019-03-19 | 10.800 | 0.343009 |
| 2018-12-27 | 16.400 | 0.339923 |
| 2018-09-25 | 8.400 | 0.263421 |
| 2018-03-20 | 6.000 | 0.168037 |
| Attribute | Value |
|---|---|
| All Time High | 64,595,200.0 |
| All Time Low | 8.03 |
| Ask | 42.35 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 910,650 |
| Average Daily Volume3 Month | 1,100,517 |
| Average Volume | 1,100,517 |
| Average Volume10Days | 910,650 |
| Beta3 Year | -2.6 |
| Bid | 41.3 |
| Bid Size | 400 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 42.5199 |
| Day Low | 40.94 |
| Dividend Yield | 2.56 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.4976 |
| Fifty Day Average Change | -5.2276 |
| Fifty Day Average Change Percent | -0.1100603 |
| Fifty Two Week Change Percent | -37.191677 |
| Fifty Two Week High | 69.4 |
| Fifty Two Week High Change | -27.130001 |
| Fifty Two Week High Change Percent | -0.3909222 |
| Fifty Two Week Low | 34.87 |
| Fifty Two Week Low Change | 7.4000015 |
| Fifty Two Week Low Change Percent | 0.21221685 |
| Fifty Two Week Range | 34.87 - 69.4 |
| First Trade Date Milliseconds | 1,227,105,000,000 |
| Five Year Average Return | -0.3088092 |
| Full Exchange Name | NYSEArca |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,225,929,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index includes securities of companies from the following industries: financial services; insurance; banks; capital markets; mortgage real estate investment trusts (“REITs”); and consumer finance. It is non-diversified. |
| Long Name | Direxion Daily Financial Bear 3X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_51234429 |
| Nav Price | 42.284 |
| Net Assets | 140,830,544.0 |
| Net Expense Ratio | 1.03 |
| Open | 42.48 |
| Phone | 866-476-7523 |
| Post Market Change | 0.07999802 |
| Post Market Change Percent | 0.18925482 |
| Post Market Price | 42.35 |
| Post Market Time | 1,776,470,056 |
| Previous Close | 43.27 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.0 |
| Regular Market Change Percent | -2.31107 |
| Regular Market Day High | 42.5199 |
| Regular Market Day Low | 40.94 |
| Regular Market Day Range | 40.94 - 42.5199 |
| Regular Market Open | 42.48 |
| Regular Market Previous Close | 43.27 |
| Regular Market Price | 42.27 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 992,087 |
| Short Name | Direxion Financial Bear 3X ETF |
| Source Interval | 15 |
| Symbol | FAZ |
| Three Year Average Return | -0.3781265 |
| Total Assets | 140,830,544 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 32.76826 |
| Trailing Three Month Returns | 32.76826 |
| Triggerable | 1 |
| Two Hundred Day Average | 43.35855 |
| Two Hundred Day Average Change | -1.0885506 |
| Two Hundred Day Average Change Percent | -0.025105787 |
| Type Disp | ETF |
| Volume | 992,087 |
| Yield | 0.0256 |
| Ytd Return | 32.76826 |