(FAZ) Direxion Daily Financial - Overview
Etf: ETF, Leveraged, Inverse, Financials
Dividends
| Dividend Yield | 4.10% |
| Yield on Cost 5y | 0.08% |
| Yield CAGR 5y | 224.60% |
| Payout Consistency | 52.4% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 46.3% |
| Relative Tail Risk | -10.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.15 |
| Alpha | 7.40 |
| Character TTM | |
|---|---|
| Beta | -2.523 |
| Beta Downside | -2.758 |
| Drawdowns 3y | |
|---|---|
| Max DD | 84.33% |
| CAGR/Max DD | -0.40 |
Description: FAZ Direxion Daily Financial January 19, 2026
The Direxion Daily Financial Bear 3X Shares (FAZ) is an ultra-leveraged inverse ETF that seeks to deliver three times the daily opposite return of a benchmark financial-services index. At least 80 % of its net assets are allocated to derivatives and short positions in securities representing banks, insurers, capital-market firms, mortgage REITs, and consumer-finance companies. Because it is non-diversified and employs daily rebalancing, its performance diverges from the index over longer horizons due to compounding and volatility decay.
Key quantitative facts (as of the latest filing): an expense ratio of 0.95 % (higher than typical passive ETFs), a 30-day SEC yield of -0.12 % (reflecting the cost of leverage), and an average daily turnover of roughly 1.2 million shares, indicating strong short-term trader interest. The fund’s returns are highly sensitive to macro drivers such as Federal Reserve policy, changes in the federal funds rate, and credit-spread movements in the banking sector; a 100-basis-point rise in rates historically correlates with a 1.5-2 % daily gain for FAZ, though this relationship can weaken during periods of market stress.
For a deeper, data-driven assessment of FAZ’s risk-adjusted performance and scenario analysis, you may find the analytics on ValueRay useful.
What is the price of FAZ shares?
Over the past week, the price has changed by +0.35%, over one month by +10.30%, over three months by -5.69% and over the past year by -21.55%.
Is FAZ a buy, sell or hold?
What are the forecasts/targets for the FAZ price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 30 | -25.3% |
FAZ Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 104.6m USD (104.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 104.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 104.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -3.38% (negative - check inputs) (E(104.6m)/V(104.6m) * Re(-3.38%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)