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- Upturn Summary
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Upturn AI Summary
Direxion Daily Financial Bear 3X Shares(FAZ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FAZ
10/07/2026: FAZ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
FAZ provides 300% daily inverse exposure to the Financial Select Sector Index, allowing traders to profit from market declines in financial stocks. It is a highly liquid tool favored by active traders for tactical hedging or speculation. The fund's primary risk is its daily reset mechanism, which leads to significant compounding decay over periods longer than one day. It is unsuitable for most long-term investors and requires constant monitoring of market conditions and sector-specific news.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed for short-term tactical trading and is unsuitable for long-term growth strategies. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders can use this to capitalize on rapid downward trends in the financial sector. |
| Value investor | Weak fit | Value investors focus on long-term fundamentals, which conflicts with the short-term, compounding nature of this fund. |
| Dividend/Income investor | Weak fit | This fund does not provide income and is intended for speculative trading rather than wealth accumulation. |
| Low-risk investor | Weak fit | The 3X leverage and inverse nature make this an extremely high-risk vehicle. |
Investor Profile
Ideal Investor Profile
Sophisticated, active traders with a high risk tolerance.
Suitability
Designed strictly for short-term tactical trading and is not suitable for passive or long-term investors.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The fund's 3X leverage magnifies price swings, leading to extreme volatility. |
| Market risk | High | It is directly exposed to the systemic risk of the entire financial sector. |
| Concentration | High | The fund is entirely concentrated in the financial sector, offering no diversification. |
| Tracking/expense | Medium / high | Daily resetting and high expenses can lead to significant tracking error over time. |
| Liquidity | Low | The fund itself is liquid, but the underlying derivatives can experience liquidity issues during market stress. |
| Business/sector quality | Medium | The fund reflects the health of the banking and finance industry, which is sensitive to credit cycles. |
Risk Analysis
Volatility
Extremely high due to the 3X multiplier and daily compounding nature.
Market Risk
High sensitivity to sector-wide news and systemic banking failures.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | Financial Select Sector Index — seeks -3x daily inverse return | 95 | The fund uses swap agreements to provide three times the inverse daily performance of the underlying financial index. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Cash is held to serve as collateral for the derivative instruments used to achieve the fund's investment objective. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type ETF | Historic Profit -31.28% | Avg. Invested days 21 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/07/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 7, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $95.85M |
| Issuer | Direxion Funds |
| Expense Ratio | 1.08% |
| Distribution Yield | 2.52% |
| Inception | Nov 6, 2008 |
Performance
| Period | Total Return |
|---|---|
| YTD | +4.65% |
| 1 Year | -3.02% |
| 3 Year | -39.38% |
| 5 Year | -27.16% |
| 10 Year | -42.91% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 43.86% |
| 3Y Volatility | 42.19% |
| 3Y Sharpe Ratio | -1.05 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Benchmark | S&P 500 TR USD |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Holdings Turnover | 0.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares | 33.96% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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