Direxion Daily Financial Bull 3X Shares (FAS)

During the Trading Day
32.01 -0.21 / -0.65%
As of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
32.20 +0.19 / +0.59%
 
Volume: 5.3K

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 creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000 ® Financial Services Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds; etc. It is non-diversified.

Performance

1 month-0.22% 3 years+61.79%
3 months+4.30% 5 years+33.66%
1 year+26.78% Since inception-0.69%
Data through 07/03/2015

Quote Details

Previous close$32.22
Open day’s range31.17 – 32.14
Net asset value (NAV)32.23 (07/02/2015)
Daily volume2,758,790
Average volume (3 months)3,873,553
Data as of 3:59pm ET, 07/06/2015

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+33.66%+21.46%
Expense Gross exp ratio0.98%0.89%
Risk 5 year sharpe ratio0.83--
Net assets$1.2B$169.3M
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
-- 84.62%
-- 51.89%
-- 46.29%
-- 45.08%
-- 30.35%
-- 21.85%
-- 16.96%
WFC Wells Fargo0.54%
BRKB Berkshire Hathaway0.52%
JPM JPMorgan Chase0.50%

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