10 Worst Leveraged ETFs of 2013

Direxion Daily Financial Bear 3X Shares (NYSEArca: FAZ)

YTD loss: 60.6%

Comment: FAZ had its glory days during the financial crisis when it spent significant time with a four-digit price tag.  This year, the ETF is experiencing dark days with financial services being one of the leading sectors. FAZ can still work as an occasional short-term trade, but this is not a long-term hold by any stretch.