Direxion Daily Financial Bull 3X Shares (FAS)

U.S. Markets are not yet open, but FAS is being traded in the pre-market session. Pre-Market quote »
107.20
Data as of Sep 22
 -2.56 / -2.33%
Today’s Change
64.38
Today|||52-Week Range
112.70
+18.72%
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.

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

Performance

1 month+2.76% 3 years+84.65%
3 months+6.58% 5 years+16.57%
1 year+45.29% Since inception-3.86%
Data through 09/23/2014

Quote Details

Previous close$109.76
Open day’s range-- – --
Net asset value (NAV)107.14 (09/22/2014)
Daily volume1,565,934
Average volume (3 months)1,665,377
Data as of 09/22/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+16.57%+33.59%
Expense Gross exp ratio1.02%0.91%
Risk 5 year sharpe ratio0.610.91
Net assets$1.2B$179.5M
Average market cap----
Average P/E----
Dividend / Share--0.18%

Competitors

SSO ProShares Ultra S&P500
BXUC Barclays ETN+ Long C Leveraged Exchange ...
BXUB Barclays ETN+ Long B Leveraged Exchange ...

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 Swap112.36%
-- Russ 1000 Finan Indx Swap47.62%
-- Russ 1000 Finan Indx Swap45.58%
-- Russ 1000 Finan Indx Swap36.78%
-- Russ 1000 Finan Indx Swap28.69%
-- Russ 1000 Finan Indx Swap13.76%
-- Russ 1000 Finan Indx Swap1.25%
BRKB Berkshire Hathaway Inc Class B0.75%
WFC Wells Fargo & Co0.73%
JPM JPMorgan Chase & Co0.67%

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