Bears or aggressive hedgers in the sector may look to FAZ (Direxion Daily Financial Bear 3X Shares, Expense Ratio 0.95%) which has become a rather popular short term trading vehicle (5.7 million
shares traded in ADV), SEF (ProShares Short Financials, Expense Ratio 0.95%), SKF (ProShares UltraShort Financials, Expense Ratio 0.95%) and FINZ (ProShares UltraPro Short Financials, Expense Ratio 0.95%), which deliver 1X short leverage, and 2X and 3X daily inverse leverage to U.S. Financials respectively. All three of these funds remain rather small in terms of asset size and daily turnover in comparison to Direxion’s FAZ.
Direxion Daily Financial Bull 3X Shares
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
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