Market Tracker

07/02 12:35pm ET

Direxion Daily Financial Bull 3X Shares (FAS)

32.06
BATS BZX Real-Time Price
As of 12:34pm ET
 -0.54 / -1.66%
Today’s Change
20.93
Today|||52-Week Range
34.66
+0.86%
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.

Performance

1 month+1.06% 3 years+63.43%
3 months+7.03% 5 years+33.11%
1 year+27.67% Since inception-0.55%
Data through 07/02/2015

Quote Details

Previous close$32.60
Open day’s range32.00 – 32.84
Net asset value (NAV)32.54 (07/01/2015)
Daily volume1,401,760
Average volume (3 months)3,943,183
Data as of 12:34pm ET, 07/02/2015

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+33.11%+21.46%
Expense Gross exp ratio0.98%0.89%
Risk 5 year sharpe ratio0.73--
Net assets$1.2B$185.5M
Average market cap----
Average P/E----
Dividend / Share--0.20%

Competitors

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

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
-- 84.62%
-- 51.89%
-- 46.29%
-- 45.08%
-- 30.35%
-- 21.85%
-- 16.96%
WFC Wells Fargo0.54%
BRKB Berkshire Hathaway0.52%
JPM JPMorgan Chase0.50%