Direxion Daily Financial Bear 3X Shares ETF rStock RFAZ
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RFAZ
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Description
FAZ is an inverse 3x leveraged ETF providing daily investment results equal to -300% of the performance of the Russell 1000 Financial Services Index. When facing banking liquidity crises, rising credit default risks, or systemic financial shocks, the fund acts as a core defensive asset for investors looking to short the financial sector.