FAZDIREXION DAILY FINANCIAL BEAR 3X SHARESINDEX
DIREXION DAILY FINANCIAL BEAR 3X SHARES
$33.30-3.20% vs prior close
305652-WK
Price through Oct 22, 2026 · Flows through Oct 21, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 22, 2026. Holdings snapshot retrieved Oct 22, 2026.
FAZ price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | FAZ close |
|---|---|
| Oct 22, 2025 | $43.90 |
| Oct 23, 2025 | $43.56 |
| Oct 24, 2025 | $42.22 |
| Oct 27, 2025 | $41.78 |
| Oct 28, 2025 | $42.58 |
| Oct 29, 2025 | $44.74 |
| Oct 30, 2025 | $44.34 |
| Oct 31, 2025 | $44.20 |
| Nov 3, 2025 | $44.69 |
| Nov 4, 2025 | $44.02 |
| Nov 5, 2025 | $43.65 |
| Nov 6, 2025 | $44.07 |
| Nov 7, 2025 | $43.21 |
| Nov 10, 2025 | $42.78 |
| Nov 11, 2025 | $42.27 |
| Nov 12, 2025 | $41.11 |
| Nov 13, 2025 | $42.77 |
| Nov 14, 2025 | $44.04 |
| Nov 17, 2025 | $46.59 |
| Nov 18, 2025 | $46.85 |
| Nov 19, 2025 | $46.28 |
| Nov 20, 2025 | $47.52 |
| Nov 21, 2025 | $46.03 |
| Nov 24, 2025 | $45.50 |
| Nov 25, 2025 | $43.85 |
| Nov 26, 2025 | $42.80 |
| Nov 28, 2025 | $41.94 |
| Dec 1, 2025 | $42.95 |
| Dec 2, 2025 | $43.09 |
| Dec 3, 2025 | $41.45 |
| Dec 4, 2025 | $41.22 |
| Dec 5, 2025 | $41.22 |
| Dec 8, 2025 | $41.66 |
| Dec 9, 2025 | $42.14 |
| Dec 10, 2025 | $40.78 |
| Dec 11, 2025 | $38.54 |
| Dec 12, 2025 | $38.45 |
| Dec 15, 2025 | $38.27 |
| Dec 16, 2025 | $39.12 |
| Dec 17, 2025 | $39.15 |
| Dec 18, 2025 | $39.34 |
| Dec 19, 2025 | $38.74 |
| Dec 22, 2025 | $37.30 |
| Dec 23, 2025 | $36.95 |
| Dec 24, 2025 | $36.38 |
| Dec 26, 2025 | $36.63 |
| Dec 29, 2025 | $37.23 |
| Dec 30, 2025 | $37.55 |
| Dec 31, 2025 | $38.43 |
| Jan 2, 2026 | $38.16 |
| Jan 5, 2026 | $35.59 |
| Jan 6, 2026 | $35.11 |
| Jan 7, 2026 | $36.63 |
| Jan 8, 2026 | $36.08 |
| Jan 9, 2026 | $36.42 |
| Jan 12, 2026 | $37.37 |
| Jan 13, 2026 | $39.49 |
| Jan 14, 2026 | $39.68 |
| Jan 15, 2026 | $39.24 |
| Jan 16, 2026 | $39.16 |
| Jan 20, 2026 | $41.75 |
| Jan 21, 2026 | $41.26 |
| Jan 22, 2026 | $40.50 |
| Jan 23, 2026 | $42.17 |
| Jan 26, 2026 | $41.40 |
| Jan 27, 2026 | $42.34 |
| Jan 28, 2026 | $42.39 |
| Jan 29, 2026 | $41.10 |
| Jan 30, 2026 | $41.31 |
| Feb 2, 2026 | $40.03 |
| Feb 3, 2026 | $41.12 |
| Feb 4, 2026 | $40.15 |
| Feb 5, 2026 | $41.65 |
| Feb 6, 2026 | $39.41 |
| Feb 9, 2026 | $40.17 |
| Feb 10, 2026 | $41.12 |
| Feb 11, 2026 | $42.91 |
| Feb 12, 2026 | $45.54 |
| Feb 13, 2026 | $45.64 |
| Feb 17, 2026 | $44.25 |
| Feb 18, 2026 | $43.32 |
| Feb 19, 2026 | $44.39 |
| Feb 20, 2026 | $43.61 |
| Feb 23, 2026 | $47.91 |
| Feb 24, 2026 | $47.35 |
| Feb 25, 2026 | $44.87 |
| Feb 26, 2026 | $43.21 |
| Feb 27, 2026 | $45.88 |
| Mar 2, 2026 | $46.23 |
| Mar 3, 2026 | $46.51 |
| Mar 4, 2026 | $45.72 |
| Mar 5, 2026 | $46.48 |
| Mar 6, 2026 | $48.33 |
| Mar 9, 2026 | $49.15 |
| Mar 10, 2026 | $49.86 |
| Mar 11, 2026 | $51.09 |
| Mar 12, 2026 | $53.63 |
| Mar 13, 2026 | $53.51 |
| Mar 16, 2026 | $52.24 |
| Mar 17, 2026 | $51.44 |
| Mar 18, 2026 | $53.31 |
| Mar 19, 2026 | $53.28 |
| Mar 20, 2026 | $52.97 |
| Mar 23, 2026 | $51.69 |
| Mar 24, 2026 | $51.20 |
| Mar 25, 2026 | $51.10 |
| Mar 26, 2026 | $52.05 |
| Mar 27, 2026 | $55.94 |
| Mar 30, 2026 | $54.04 |
| Mar 31, 2026 | $50.74 |
| Apr 1, 2026 | $50.57 |
| Apr 2, 2026 | $50.30 |
| Apr 6, 2026 | $49.30 |
| Apr 7, 2026 | $49.34 |
| Apr 8, 2026 | $45.47 |
| Apr 9, 2026 | $45.06 |
| Apr 10, 2026 | $46.55 |
| Apr 13, 2026 | $44.21 |
| Apr 14, 2026 | $43.86 |
| Apr 15, 2026 | $42.94 |
| Apr 16, 2026 | $43.27 |
| Apr 17, 2026 | $42.27 |
| Apr 20, 2026 | $41.81 |
| Apr 21, 2026 | $42.70 |
| Apr 22, 2026 | $42.90 |
| Apr 23, 2026 | $43.96 |
| Apr 24, 2026 | $44.90 |
| Apr 27, 2026 | $43.94 |
| Apr 28, 2026 | $43.78 |
| Apr 29, 2026 | $43.67 |
| Apr 30, 2026 | $43.21 |
| May 1, 2026 | $43.68 |
| May 4, 2026 | $44.46 |
| May 5, 2026 | $44.66 |
| May 6, 2026 | $44.11 |
| May 7, 2026 | $44.73 |
| May 8, 2026 | $45.62 |
| May 11, 2026 | $45.77 |
| May 12, 2026 | $44.81 |
| May 13, 2026 | $46.22 |
| May 14, 2026 | $45.48 |
| May 15, 2026 | $46.05 |
| May 18, 2026 | $44.41 |
| May 19, 2026 | $45.96 |
| May 20, 2026 | $44.57 |
| May 21, 2026 | $44.34 |
| May 22, 2026 | $43.97 |
| May 26, 2026 | $44.05 |
| May 27, 2026 | $45.16 |
| May 28, 2026 | $45.68 |
| May 29, 2026 | $44.94 |
| Jun 1, 2026 | $45.30 |
| Jun 2, 2026 | $45.23 |
| Jun 3, 2026 | $46.79 |
| Jun 4, 2026 | $43.20 |
| Jun 5, 2026 | $42.92 |
| Jun 8, 2026 | $43.78 |
| Jun 9, 2026 | $42.62 |
| Jun 10, 2026 | $43.12 |
| Jun 11, 2026 | $42.18 |
| Jun 12, 2026 | $40.54 |
| Jun 15, 2026 | $39.98 |
| Jun 16, 2026 | $38.28 |
| Jun 17, 2026 | $38.92 |
| Jun 18, 2026 | $40.01 |
| Jun 22, 2026 | $39.37 |
| Jun 23, 2026 | $38.68 |
| Jun 24, 2026 | $39.01 |
| Jun 25, 2026 | $39.57 |
| Jun 26, 2026 | $39.51 |
| Jun 29, 2026 | $39.10 |
| Jun 30, 2026 | $39.39 |
| Jul 1, 2026 | $36.78 |
| Jul 2, 2026 | $35.20 |
| Jul 6, 2026 | $34.15 |
| Jul 7, 2026 | $34.38 |
| Jul 8, 2026 | $36.39 |
| Jul 9, 2026 | $35.24 |
| Jul 10, 2026 | $35.02 |
| Jul 13, 2026 | $34.35 |
| Jul 14, 2026 | $34.08 |
| Jul 15, 2026 | $33.44 |
| Jul 16, 2026 | $33.14 |
| Jul 17, 2026 | $34.01 |
| Jul 20, 2026 | $34.44 |
| Jul 21, 2026 | $34.33 |
| Jul 22, 2026 | $34.49 |
| Jul 23, 2026 | $34.85 |
| Jul 24, 2026 | $33.98 |
| Jul 27, 2026 | $32.94 |
| Jul 28, 2026 | $31.79 |
| Jul 29, 2026 | $33.25 |
| Jul 30, 2026 | $32.73 |
| Jul 31, 2026 | $32.87 |
| Aug 3, 2026 | $32.11 |
| Aug 4, 2026 | $31.33 |
| Aug 5, 2026 | $31.08 |
| Aug 6, 2026 | $31.41 |
| Aug 7, 2026 | $31.77 |
| Aug 10, 2026 | $31.50 |
| Aug 11, 2026 | $31.52 |
| Aug 12, 2026 | $31.31 |
| Aug 13, 2026 | $30.83 |
| Aug 14, 2026 | $30.99 |
| Aug 17, 2026 | $31.91 |
| Aug 18, 2026 | $31.50 |
| Aug 19, 2026 | $32.04 |
| Aug 20, 2026 | $32.99 |
| Aug 21, 2026 | $32.09 |
| Aug 24, 2026 | $30.87 |
| Aug 25, 2026 | $30.73 |
| Aug 26, 2026 | $30.83 |
| Aug 27, 2026 | $31.40 |
| Aug 28, 2026 | $31.15 |
| Aug 31, 2026 | $31.77 |
| Sep 1, 2026 | $32.60 |
| Sep 2, 2026 | $31.85 |
| Sep 3, 2026 | $30.40 |
| Sep 4, 2026 | $31.10 |
| Sep 8, 2026 | $32.41 |
| Sep 9, 2026 | $32.84 |
| Sep 10, 2026 | $33.22 |
| Sep 11, 2026 | $32.62 |
| Sep 14, 2026 | $32.97 |
| Sep 15, 2026 | $33.31 |
| Sep 16, 2026 | $34.87 |
| Sep 17, 2026 | $35.01 |
| Sep 18, 2026 | $35.03 |
| Sep 21, 2026 | $34.69 |
| Sep 22, 2026 | $36.58 |
| Sep 23, 2026 | $37.08 |
| Sep 24, 2026 | $37.09 |
| Sep 25, 2026 | $36.54 |
| Sep 28, 2026 | $37.84 |
| Sep 29, 2026 | $38.22 |
| Sep 30, 2026 | $39.55 |
| Oct 1, 2026 | $39.44 |
| Oct 2, 2026 | $39.42 |
| Oct 5, 2026 | $38.58 |
| Oct 6, 2026 | $38.32 |
| Oct 7, 2026 | $38.90 |
| Oct 8, 2026 | $37.83 |
| Oct 9, 2026 | $36.82 |
| Oct 12, 2026 | $36.25 |
| Oct 13, 2026 | $36.64 |
| Oct 14, 2026 | $37.38 |
| Oct 15, 2026 | $35.82 |
| Oct 16, 2026 | $35.39 |
| Oct 19, 2026 | $36.25 |
| Oct 20, 2026 | $34.97 |
| Oct 21, 2026 | $34.40 |
| Oct 22, 2026 | $33.30 |
Price history on file begins Oct 22, 2025, so 5Y shows all of it.
Monthly net flows, 5Y
Net outflow over the range: −$239M
- Inflow / above zero
- Outflow / below zero
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Aug ’24 | $68.3M |
| Sep ’24 | $78.7M |
| Oct ’24 | $226.6M |
| Nov ’24 | $77.3M |
| Dec ’24 | −$250.2M |
| Jan ’25 | $206.8M |
| Feb ’25 | $160.8M |
| Mar ’25 | −$276.3M |
| Apr ’25 | $56.3M |
| May ’25 | $268.3M |
| Jun ’25 | −$11M |
| Jul ’25 | −$22.1M |
| Aug ’25 | $87.4M |
| Sep ’25 | −$903.7M |
| Oct ’25 | $1.9M |
| Nov ’25 | −$8.8M |
| Dec ’25 | −$4.2M |
| Jan ’26 | −$600K |
| Feb ’26 | $6.5M |
| Mar ’26 | $13.8M |
| Apr ’26 | $450K |
| May ’26 | −$11.3M |
| Jun ’26 | $2M |
| Jul ’26 | $3.3M |
| Aug ’26 | $9.6M |
| Sep ’26 | −$22.2M |
| Oct ’26 | $3.1M |
The desk’s read
Money is leaving — −$19M in net outflows over the past month, about 21.8% of the fund's asset base, while the price has returned -13.3% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$87Massets under management
—expense ratio
−$19Mnet flow, trailing month
961Kavg daily volume, 30 days
1holdings · US-domiciled
2024listed May 7, 2024 · beta -1.70
Sector weights
- Cash100%
- Cash & Others100%
- Other100%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Cash | 100% |
| Cash & Others | 100% |
| Other | 100% |
Country weights
- United States100%
- Other100%
- Cash100%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| United States | 100% |
| Other | 100% |
| Cash | 100% |
Performance
| 1 week | -5.9% |
| 1 month | -9.0% |
| 3 months | -3.5% |
| 6 months | -20.4% |
| YTD | -13.3% |
| 1 year | -24.1% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | +$2M |
| 1 month | −$19M |
| 3 months | −$6M |
| YTD | +$5M |
| 1 year | −$10M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
- Inflow / above zero
- Outflow / below zero
Source: Daily creation/redemption records, trailing twelve months
Show as table
| Label | Value ($) |
|---|---|
| Nov | −$8.8M |
| Dec | −$4.2M |
| Jan | −$600K |
| Feb | $6.5M |
| Mar | $13.8M |
| Apr | $450K |
| May | −$11.3M |
| Jun | $2M |
| Jul | $3.3M |
| Aug | $9.6M |
| Sep | −$22.2M |
| Oct | $3.1M |
The risk read
36%realized volatility, 30 days (annualized)
43%realized volatility, 1 year
-45.7%deepest fall from a peak, 1 year
-40.5%latest close versus that peak
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
244calls · latest snapshot
12puts · latest snapshot
0.05put/call ratio
1.4Mshares traded
The case against FAZ
Due diligence cuts both ways. These funds sit on the same shelf and beat FAZ on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $123.5B | +$2.3B | 1420× the assets · +$2.3B in over the month | Head-to-head |
| SGOV iShares 0-3 Month Treasury Bond ETF | 0.07% | $113.5B | +$6.2B | 1304× the assets · +$6.2B in over the month | Head-to-head |
| IJR iShares Core S&P Small-Cap ETF | 0.06% | $104.3B | +$383M | 1198× the assets · +$383M in over the month | Head-to-head |
| BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETF | 0.14% | $50.8B | +$1.2B | 584× the assets · +$1.2B in over the month | Head-to-head |
| IUSB iShares Core Total USD Bond Market ETF | 0.06% | $48.1B | +$5.2B | 553× the assets · +$5.2B in over the month | Head-to-head |