Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Jim HuangDirex Financial Bear 3x E.T.F.FAZCOMMENTAug 24, 2009

US financials bear x3 ETF. In the short term, US financials could have some upside. Some short-term pullback is inevitable. If you're nimble next few weeks you could probably use this instrument but there is a lot of leverage in this product. Be careful.
$24.38

Stock price when the opinion was issued

$40.54

As of Jun 12, 2026. Market Open.

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

DON'T BUY
FAS/FAZ pairing. Doesn’t recommend.
DON'T BUY
Shorting US financials is not unreasonable but a risky thing to do right now. However, you could hedge this by having a long position in Canadian financials. In this particular case, this ETF is 3 times, which is outrageously risky.
DON'T BUY
Tripled levered on the daily move of the US financial sector. More of a gambling vehicle. More for day trading.