Market Tracker

08/21 3:59pm ET

Direxion Daily Financial Bull 3X Shares (FAS)

105.27
Real-Time Quote
 +2.88 / +2.81%
Today’s Change
62.22
Today|||52-Week Range
105.75
+16.58%
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+0.46% 3 years+72.86%
3 months+17.72% 5 years+20.50%
1 year+51.99% Since inception-4.65%
Data through 08/21/2014

Quote Details

Previous close$102.39
Open day’s range102.53 – 105.75
Net asset value (NAV)102.52 (08/20/2014)
Daily volume1,800,593
Average volume (3 months)1,942,293
Data as of 3:59pm ET, 08/21/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+20.50%+33.59%
Expense Gross exp ratio1.02%0.91%
Risk 5 year sharpe ratio0.680.90
Net assets$1.1B$173.3M
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 Swap119.08%
-- Russ 1000 Finan Indx Swap48.82%
-- Russ 1000 Finan Indx Swap48.81%
-- Russ 1000 Finan Indx Swap43.48%
-- Russ 1000 Finan Indx Swap27.98%
-- Russ 1000 Finan Indx Swap8.41%
-- Russ 1000 Finan Indx Swap1.33%
WFC Wells Fargo & Co0.95%
BRKB Berkshire Hathaway Inc Class B0.89%
JPM JPMorgan Chase & Co0.85%