---
ticker: "FAZ"
name: "Direxion Daily Financial Bear 3x ETF"
url: "https://etf.net/etf/FAZ"
grade: "B"
score: 60
graded_at: "2026-10-12"
category: "3x Leveraged Inverse"
category_rank: "5 of 14"
methodology: "https://etf.net/methodology"
---

# FAZ: Direxion Daily Financial Bear 3x ETF

Grade **B**, Score 60 of 100. Rank 5 of 14 in 3x Leveraged Inverse.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 57 | 6 of 14 |
| Mission | Not scored | — |
| Risk | 73 | 3 of 14 |
| Tradability | 59 | 6 of 14 |
| Holdings | Not scored | — |
| Durability | 50 | 7 of 14 |

## Top holdings

The fund holds 5 positions. These are the largest 5, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Ixm Swap Asset Leg (Ixmjps) | 49.37% |
| 2 | — | Ixm Swap Asset Leg (Ixmsgs) | 44.65% |
| 3 | — | Ixm Swap Asset Leg (Ixmgss) | 33.22% |
| 4 | — | Ixm Swap Asset Leg (Ixmmls) | 13.74% |
| 5 | — | Ixm Swap Asset Leg (Ixmubs) | 9.50% |

Source: etf.net, https://etf.net/etf/FAZ. Please cite the page URL.