Direxion Financial Bear 3X ETF FAZ
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- Unavailable
- Net assets
- $94.6M
- Holdings
- 8
- 12-month distribution yield
- 2.87%
- Asset class
- Derivatives-based
Direxion Financial Bear 3X ETF (FAZ) is an exchange-traded fund listed on NYSE Arca in the United States, issued by Direxion. Its category is Derivatives-based. Its last price was US$34.85 on 20 Oct 2026. It reported net assets of US$94.61 million as of 31 Jul 2026. Its latest holdings report lists 8 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$1.00 a unit, a 12-month distribution yield of 2.87%, paid quarterly.
Fees
No expense ratio found
Size and reporting
- Net assets
- $94,608,435
- Total assets
- $94,672,129
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 8 of 8 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | DREYFUS DREYFUS GOV'T CASH MGMT -INSTITUTIONAL CUSIP 262006208 DGCXX (#289) | No identifier reported | 50.09% | $47.4M | Short-term investment vehicles (cash funds) | United States | USD |
| 2 | DREYFUS DREYFUS TRSRY SECURITIES CASH MGMT | S99991620 | 24.47% | $23.1M | Short-term investment vehicles (cash funds) | United States | USD |
| 3 | GOLDMAN FINANCIAL GOLDMAN FINL SQ TRSRY INST 506 | No identifier reported | 23.95% | $22.7M | Short-term investment vehicles (cash funds) | United States | USD |
| 4 | FINANCIAL SELECT SECTOR INDEX SWAP | No identifier reported | -1.96% | -$1.9M | Other derivatives | United States | USD |
| 5 | Financial Select Sector Index SWAP | No identifier reported | -1.94% | -$1.8M | Other derivatives | United States | USD |
| 6 | FINANCIAL SELECT SECTOR INDEX SWAP | No identifier reported | -1.12% | -$1.1M | Other derivatives | United States | USD |
| 7 | Financial Select Sector Index SWAP | No identifier reported | -0.59% | -$555K | Other derivatives | United States | USD |
| 8 | FINANCIAL SELECT SECTOR INDEX SWAP | No identifier reported | -0.06% | -$54K | Other derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Warning: Uses derivatives
Asset type
| Type | Weight | Bar |
|---|---|---|
| Short-term investment vehicles (cash funds) | 98.50% | |
| Other derivatives | -5.67% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 92.83% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 92.83% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.0000
- 12-month yield
- 2.87%
- Frequency
- Quarterly
- Latest ex-date
- 22 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.0000) ÷ latest price ($34.85) × 100 = 2.87%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (16 payments)
| Ex-date | Amount per unit |
|---|---|
| 22 Sep 2026 | $0.2050 |
| 23 Jun 2026 | $0.2530 |
| 24 Mar 2026 | $0.3790 |
| 23 Dec 2025 | $0.1630 |
| 23 Sep 2025 | $0.3800 |
| 24 Jun 2025 | $0.3800 |
| 25 Mar 2025 | $1.0300 |
| 23 Dec 2024 | $0.4200 |
| 24 Sep 2024 | $1.0200 |
| 25 Jun 2024 | $1.4500 |
| 19 Mar 2024 | $1.8000 |
| 21 Dec 2023 | $0.8000 |
| 19 Sep 2023 | $1.4900 |
| 21 Jun 2023 | $1.6900 |
| 21 Mar 2023 | $2.6900 |
| 20 Dec 2022 | $0.0100 |
Filings and sources
Compare with
Largest funds in the same category:
- FAZ and TQQQ ProShares UltraPro QQQ
- FAZ and SOXL Direxion Daily Semiconductor Bull 3X ETF
- FAZ and BBJP JPMorgan BetaBuilders Japan ETF
- FAZ and QLD ProShares Ultra QQQ