Direxion Daily Financial Bull 3X Shares (FAS)

123.27
BATS BZX Real-Time Price
As of 11:50am ET
 -0.95 / -0.76%
Today’s Change
81.23
Today|||52-Week Range
133.97
-3.05%
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 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+0.03% 3 years+50.60%
3 months-5.58% 5 years+18.41%
1 year+35.63% Since inception-1.28%
Data through 03/31/2015

Quote Details

Previous close$124.22
Open day’s range121.92 – 123.98
Net asset value (NAV)124.37 (03/30/2015)
Daily volume504,741
Average volume (3 months)1,353,484
Data as of 11:50am ET, 03/31/2015

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+18.41%+21.46%
Expense Gross exp ratio0.98%0.89%
Risk 5 year sharpe ratio0.690.81
Net assets$1.4B$202.5M
Average market cap----
Average P/E----
Dividend / Share--0.20%

Competitors

SFLA iPath® Long Extended S&P 500® TR Index...
ROLA iPath® Long Extended Russell 1000® TR ...
SSO ProShares Ultra S&P500

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
-- 79.58%
-- 60.01%
-- 40.92%
-- 37.91%
-- 31.08%
-- 23.08%
-- 20.88%
BRKB Berkshire Hathaway0.59%
WFC Wells Fargo0.57%
JPM JPMorgan Chase0.50%

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