Direxion Daily Financial Bull 3X Shares (FAS)

62.77
BATS BZX Real-Time Price
As of 3:37pm ET
 -1.89 / -2.92%
Today’s Change
41.32
Today|||52-Week Range
82.80
-8.20%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 300% of the daily performance of the Russell 1000- Financial Services Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index- exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track 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-capitalization U.S. equity market. It is non-diversified.

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

Performance

1 month+8.57% 3 years+27.53%
3 months-18.38% 5 years+35.82%
1 year+50.80% Since inception+7.16%
Data through 04/24/2018

Quote Details

Previous close$64.66
Open day’s range62.22 – 66.34
Net asset value (NAV)64.73 (04/23/2018)
Daily volume251,770
Average volume (3 months)2,085,956
Data as of 3:37pm ET, 04/24/2018

Peer Comparisonvs. Trading--leveraged equity ETFs

 FASCategory
Performance 5-yr return+35.82%+16.48%
Expense Gross exp ratio1.01%2.01%
Risk 5 year sharpe ratio1.03--
Net assets$1.9B$87.8M
Average market cap$49.8B--
Average P/E18.6--
Dividend / Share--0.31%

Competitors

PPLC Portfolio+ S&P 500® ETF
SFLAF iPath® Long Extended S&P 500® TR Index...
SPLX UBS ETRACS Monthly Reset 2xLeveraged S&P...

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
BRKB Berkshire Hathaway5.04%
JPM JPMorgan Chase4.99%
BAC Bank of America3.77%
WFC Wells Fargo3.05%
V Visa2.86%
C Citigroup2.28%
MA MasterCard2.13%
GS Goldman Sachs1.16%
PYPL PayPal Holdings Inc1.13%
-- 1.08%