fool.com·Feb 22, 2026
The Direxion Daily Financial Bear 3X Shares ETF, known for its performance during the 2008 financial crisis, remains useful for short-term trades against the financial sector but is risky for long-term holding due to daily rebalancing.
The Direxion Daily Financial Bear 3X Shares ETF (FAZ) can be a strategic tool for short-term traders looking to make contrarian bets against the financial services sector. However, it is crucial to recognize that this leveraged ETF is designed for daily trading and not for long-term holding due to the risks of significant deviation from expected performance over extended periods. If you are not a nimble trader, it might be best to avoid this ETF.