Direxion Daily Financial Bear 3X Shares company info

What does Direxion Daily Financial Bear 3X Shares do?
Direxion Daily Financial Bear 3X Shares (NYSE:FAZ) is a financial instrument designed to provide investors with leveraged inverse exposure to the U.S. financial sector. This means it aims to return three times the inverse of the daily performance of an index composed of U.S. financial companies. Essentially, it profits when financial stocks fall and loses value when they rise, making it a tool for speculative trading or hedging against declines in the financial sector. The primary objective of Direxion Daily Financial Bear 3X Shares is to meet its daily performance targets, offering a way for advanced investors to capitalize on or protect against short-term downward movements in the financial industry. However, due to its leverage, it involves a high level of risk and is generally recommended for sophisticated investors familiar with the implications of leveraging.
Direxion Daily Financial Bear 3X Shares company media
Company Snapshot

Is Direxion Daily Financial Bear 3X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily Financial Bear 3X Shares employ?

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Employees
56

What sector is Direxion Daily Financial Bear 3X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily Financial Bear 3X Shares?

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Head Office
New York, United States

What year was Direxion Daily Financial Bear 3X Shares founded?

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Year Founded
2008
What does Direxion Daily Financial Bear 3X Shares specialise in?
/Leveraged ETF /Inverse Exposure /Financial Sector /Daily Trading /Risk Management /Investment Strategy

What are the products and/or services of Direxion Daily Financial Bear 3X Shares?

Overview of Direxion Daily Financial Bear 3X Shares offerings
Leveraged ETFs providing triple inverse exposure to the financial sector, aiming at high short-term profits from declines in financial stocks.
Educational resources for investors to understand the mechanics and risks of leveraged and inverse ETFs.
Risk management tools designed to help investors assess potential losses and gains from volatile markets.
Daily rebalancing of portfolio to maintain consistent leverage ratios and exposure levels.
Strategies for hedging against market downturns, especially within the financial industry.
Market analysis and insights to guide investors on when to utilize leveraged inverse ETFs.