FAZ vs FAS

Comparison between DIREXION DAILY FINANCIAL BEAR 3X SHARES (FAZ, ETF) and DIREXION DAILY FINANCIAL BULL 3X SHARES (FAS, ETF).

5-Year PerformanceFAS has outperformed FAZ, delivering a return of +12.5% compared to -31.7%

FAZ vs FAS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FAZ(ETF)	FAS(ETF)
Net Assets	$101M	$2.20B
Max Drawdown	100.00%	91.62%
Sharpe Ratio	-0.35	0.31
5Y Beta	0.00	2.34
P/E Ratio	N/A	17.63
Forward P/E	N/A	16.33
PEG Ratio	N/A	0.58
5Y Dividends CAGR	N/A	101.86%
5Y EPS CAGR	N/A	11.58%
Debt to Equity	N/A	71.95%
P/S Ratio	N/A	3.64
P/B Ratio	N/A	2.42

Net Assets

FAZ

$101M

Winner

FAS

$2.20B

Max Drawdown

FAZ

100.00%

Winner

FAS

91.62%

Sharpe Ratio

FAZ

-0.35

Winner

FAS

0.31

5Y Beta

Winner

FAZ

0.00

FAS

2.34

P/E Ratio

FAZ

N/A

FAS

17.63

Forward P/E

FAZ

N/A

FAS

16.33

PEG Ratio

FAZ

N/A

FAS

0.58

5Y Dividends CAGR

FAZ

N/A

FAS

101.86%

5Y EPS CAGR

FAZ

N/A

FAS

11.58%

Debt to Equity

FAZ

N/A

FAS

71.95%

P/S Ratio

FAZ

N/A

FAS

3.64

P/B Ratio

FAZ

N/A

FAS

2.42

FAZ vs FAS - Holdings Comparison

FAZ and FAS have 0 common holdings. Overlap is 0.00%

FAZ's top 25 holdings weight is 29.49%. FAS's top 25 holdings weight is 90.95%.

Rank	FAZ	FAS
#1	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 29.49%	DREYFUS GOVT CASH MAN INS (n/a) - 21.03%
#2	N/A	FINANCIAL SELECT SECTOR INDEX SWAP (n/a) - 12.06%
#3	N/A	JPMORGAN CHASE & CO (JPM) - 7.78%
#4	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 7.62%
#5	N/A	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 6.04%
#6	N/A	VISA INC CLASS A (V) - 5.00%
#7	N/A	MASTERCARD INC CLASS A (MA) - 3.68%
#8	N/A	BANK OF AMERICA CORP (BAC) - 3.35%
#9	N/A	THE GOLDMAN SACHS GROUP INC (GS) - 2.85%
#10	N/A	MORGAN STANLEY (MS) - 2.31%
#11	N/A	WELLS FARGO & CO (WFC) - 2.21%
#12	N/A	DREYFUS TRSRY SECURITIES CASH MGMT (n/a) - 2.10%
#13	N/A	CITIGROUP INC (C) - 1.92%
#14	N/A	AMERICAN EXPRESS CO (AXP) - 1.60%
#15	N/A	CHARLES SCHWAB CORP (SCHW) - 1.40%
#16	N/A	BLACKROCK INC (BLK) - 1.25%
#17	N/A	S&P GLOBAL INC (SPGI) - 1.13%
#18	N/A	PROGRESSIVE CORP (PGR) - 1.12%
#19	N/A	CAPITAL ONE FINANCIAL CORP (COF) - 1.08%
#20	N/A	CHUBB LTD (CB) - 1.06%
#21	N/A	GOLDMAN SACHS FIN GOV 465 INSTITUT (n/a) - 1.00%
#22	N/A	BANK OF NEW YORK MELLON CORP (BNY) - 0.90%
#23	N/A	PNC FINANCIAL SERVICES GROUP INC (PNC) - 0.86%
#24	N/A	U.S. BANCORP (USB) - 0.82%
#25	N/A	BLACKSTONE INC (BX) - 0.78%
Total Holdings	1	82

FAZ vs FAS - Historical Returns

Returns include dividend reinvestment.

Period	FAZ	FAS
1 month	-12.23%	+12.72%
3 months	-19.08%	+20.30%
6 months	-15.63%	+9.00%
1 year	-19.80%	+8.73%
5 years(CAGR)	-31.72%	+12.47%
10 years(CAGR)	-44.16%	+21.65%
Max(CAGR)	-54.32%	+16.00%

FAZ

-12.23%

Winner

FAS

+12.72%

FAZ

-19.08%

Winner

FAS

+20.30%

FAZ

-15.63%

Winner

FAS

+9.00%

FAZ

-19.80%

Winner

FAS

+8.73%

5Y(CAGR)

FAZ

-31.72%

Winner

FAS

+12.47%

10Y(CAGR)

FAZ

-44.16%

Winner

FAS

+21.65%

Max(CAGR)

FAZ

-54.32%

Winner

FAS

+16.00%

FAZ vs FAS - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	FAZ	FAS
2026	-8.78%	-0.58%
2025	-37.56%	+22.20%
2024	-50.52%	+82.86%
2023	-25.83%	+13.54%
2022	+4.28%	-44.79%
2021	-68.28%	+125.70%
2020	-73.44%	-36.19%
2019	-58.51%	+112.21%
2018	+15.86%	-33.41%
2017	-44.75%	+63.15%
2016	-49.97%	+49.22%
2015	-18.62%	-8.83%
2014	-41.99%	+42.99%
2013	-61.39%	+109.19%
2012	-56.57%	+73.17%
2011	-16.07%	-55.93%
2010	-48.75%	+7.53%
2009	-94.34%	-42.40%
2008	-72.39%	+21.68%

FAZ vs FAS Drawdown Comparison

The maximum drawdown for FAZ was -100.00%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The maximum drawdown for FAS was -91.61%, occurring on Mar 6, 2009. Recovery took 1268 trading sessions.

The current FAZ drawdown is -100.00%. The current FAS drawdown is -8.06%.

Rank	FAZ	FAS
#1	-100.00% Nov 20, 2008 - Jul 16, 2026	-91.61% Dec 8, 2008 - Dec 20, 2013
#2	N/A	-85.99% Feb 14, 2020 - Apr 28, 2021
#3	N/A	-66.89% Jan 12, 2022 - Oct 16, 2024
#4	N/A	-53.73% Jan 26, 2018 - Jul 24, 2019
#5	N/A	-53.35% Jul 22, 2015 - Nov 14, 2016
#6	N/A	-43.11% Feb 6, 2025 - Dec 22, 2025
#7	N/A	-43.03% Nov 28, 2008 - Dec 8, 2008
#8	N/A	-40.88% Jan 6, 2026 - Mar 27, 2026
#9	N/A	-30.14% Nov 19, 2008 - Nov 24, 2008
#10	N/A	-24.26% Jun 4, 2021 - Aug 11, 2021
#11	N/A	-22.51% Nov 29, 2024 - Jan 30, 2025
#12	N/A	-21.48% Nov 3, 2021 - Jan 7, 2022
#13	N/A	-19.70% Jul 26, 2019 - Oct 30, 2019
#14	N/A	-19.60% Jan 15, 2014 - Mar 6, 2014
#15	N/A	-19.30% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between FAZ and FAS is -0.18 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.18

-101

Dividend Comparison (2008 - 2026)

FAZ vs FAS dividend yield comparison.

Year	FAZ	FAS
2026	1.84%	0.68%
2025	5.07%	8.21%
2024	7.34%	0.76%
2023	4.88%	1.77%
2022	0.00%	0.91%
2021	0.00%	0.60%
2020	0.62%	0.47%
2019	1.63%	0.62%
2018	0.56%	1.43%
2017	0.00%	0.11%
2010	0.00%	0.35%
2009	0.00%	0.40%
2008	0.00%	0.18%

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FAZ vs FAS

FAZ vs FAS - Performance Comparison

Key Characteristics

FAZ vs FAS - Holdings Comparison

FAZ vs FAS - Historical Returns

FAZ vs FAS - Annual Returns (2008 - 2026)

FAZ vs FAS Drawdown Comparison

Correlation

Dividend Comparison (2008 - 2026)

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