Direxion Daily Financial Bull 3X Shares (FAS)

106.76
Data as of Jan 30
 -4.41 / -3.97%
Today’s Change
74.61
Today|||52-Week Range
133.97
-16.04%
Year-to-Date

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.

Performance

1 month-19.15% 3 years+59.73%
3 months-3.23% 5 years+22.61%
1 year+27.17% Since inception-3.74%
Data through 01/31/2015

Quote Details

Previous close$111.17
Open day’s range106.52 – 111.44
Net asset value (NAV)106.49 (01/30/2015)
Daily volume1,941,902
Average volume (3 months)1,351,389
Data as of 3:59pm ET, 01/30/2015

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+22.61%+21.46%
Expense Gross exp ratio1.02%0.92%
Risk 5 year sharpe ratio0.710.77
Net assets$1.4B$199.8M
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
-- Russ 1000 Finan Indx Swap102.09%
-- Russ 1000 Finan Indx Swap81.52%
-- Russ 1000 Finan Indx Swap37.12%
-- Russ 1000 Finan Indx Swap26.63%
-- Russ 1000 Finan Indx Swap19.10%
-- Russ 1000 Finan Indx Swap16.46%
-- Russ 1000 Finan Indx Swap15.86%
BRKB Berkshire Hathaway Inc Class B0.56%
WFC Wells Fargo & Co0.54%
JPM JPMorgan Chase & Co0.48%

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