Direxion Daily Financial Bull 3X Shares (FAS)

During the Trading Day
123.98 -2.41 / -1.91%
As of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
123.86 -0.12 / -0.10%
 
Volume: 2.7K

Investment Objective

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 ® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000 ® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000 ® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

No recent news for Direxion Daily Financial Bull 3X Shares.

Performance

1 month+14.99% 3 years+60.22%
3 months+3.75% 5 years+24.51%
1 year+43.76% Since inception-0.89%
Data through 03/03/2015

Quote Details

Previous close$126.39
Open day’s range122.74 – 125.43
Net asset value (NAV)127.60 (03/02/2015)
Daily volume857,469
Average volume (3 months)1,391,860
Data as of 3:59pm ET, 03/04/2015

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+24.51%+21.46%
Expense Gross exp ratio0.98%0.89%
Risk 5 year sharpe ratio0.690.81
Net assets$1.4B$202.5M
Average market cap----
Average P/E----
Dividend / Share--0.20%

Competitors

SFLA iPath® Long Extended S&P 500® TR Index...
SSO ProShares Ultra S&P500
ROLA iPath® Long Extended Russell 1000® TR ...

Holdings

Top 5 Sectors
Portfolio weighting
Financial service 92.51%
Business service 5.75%
Industrial materials 0.92%
Consumer service 0.47%
Healthcare 0.26%
Top 10 Holdings
Portfolio weighting
-- 85.26%
-- 64.79%
-- 40.01%
-- 33.87%
-- 26.43%
-- 19.34%
-- 19.09%
BRKB Berkshire Hathaway1.35%
WFC Wells Fargo1.27%
JPM JPMorgan Chase1.05%

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