Market Tracker

04/17 6:05pm ET

Direxion Daily Financial Bull 3X Shares (FAS)

88.58
Data as of Apr 17
 +0.14 / +0.16%
Today’s Change
50.87
Today|||52-Week Range
98.98
-1.90%
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-3.38% 3 years+21.94%
3 months-2.88% 5 years+27.91%
1 year+67.45% Since inception-7.46%
Data through 04/18/2014

Quote Details

Previous close$88.44
Open day’s range87.64 – 89.25
Net asset value (NAV)88.55 (04/17/2014)
Daily volume2,660,890
Average volume (3 months)5,303,903
Data as of 3:59pm ET, 04/17/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+27.91%+42.82%
Expense Gross exp ratio1.02%0.92%
Risk 5 year sharpe ratio0.921.16
Net assets$1.3B$209.4M
Average market cap----
Average P/E----
Dividend / Share--0.17%

Competitors

SSO ProShares Ultra S&P500
BXUC Barclays Long C Leveraged S&P 500 TR ETN
BXUB Barclays Long B Leveraged S&P 500 TR ETN

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 Swap102.06%
-- Russ 1000 Finan Indx Swap49.19%
-- Russ 1000 Finan Indx Swap39.44%
-- Russ 1000 Finan Indx Swap36.74%
-- Russ 1000 Finan Indx Swap33.07%
-- Russ 1000 Finan Indx Swap30.03%
WFC Wells Fargo & Co0.20%
BRKB Berkshire Hathaway Inc Class B0.19%
JPM JPMorgan Chase & Co0.19%
BAC Bank of America Corporation0.16%