Direxion Daily Financial Bull 3X Shares (FAS)

During the Trading Day
32.86 -0.07 / -0.21%
As of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
33.00 +0.14 / +0.43%
 
Volume: 4.1K

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.

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

Performance

1 month+7.10% 3 years+70.55%
3 months+5.94% 5 years+25.33%
1 year+41.24% Since inception-0.38%
Data through 05/28/2015

Quote Details

Previous close$32.93
Open day’s range32.34 – 32.92
Net asset value (NAV)32.93 (05/27/2015)
Daily volume1,049,593
Average volume (3 months)4,674,377
Data as of 3:59pm ET, 05/28/2015

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+25.33%+21.46%
Expense Gross exp ratio0.98%0.89%
Risk 5 year sharpe ratio0.57--
Net assets$1.3B$192.5M
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
-- 75.50%
-- 57.37%
-- 41.32%
-- 39.89%
-- 38.13%
-- 17.10%
-- 16.27%
BRKB Berkshire Hathaway1.07%
WFC Wells Fargo1.05%
JPM JPMorgan Chase0.93%

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