Market Tracker

07/29 10:46am ET

Direxion Daily Financial Bull 3X Shares (FAS)

102.48
Data as of 10:31am ET
 +0.62 / +0.61%
Today’s Change
62.22
Today|||52-Week Range
104.12
+13.49%
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+2.26% 3 years+38.23%
3 months+17.67% 5 years+28.17%
1 year+35.55% Since inception-4.80%
Data through 07/29/2014

Quote Details

Previous close$101.86
Open day’s range101.36 – 102.67
Net asset value (NAV)101.91 (07/28/2014)
Daily volume346,747
Average volume (3 months)2,005,613
Data as of 10:31am ET, 07/29/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+28.17%+33.59%
Expense Gross exp ratio1.02%0.92%
Risk 5 year sharpe ratio0.781.02
Net assets$1.1B$185.6M
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 Swap102.25%
-- Russ 1000 Finan Indx Swap41.12%
-- Russ 1000 Finan Indx Swap38.55%
-- Russ 1000 Finan Indx Swap36.14%
-- Russ 1000 Finan Indx Swap25.19%
-- Russ 1000 Finan Indx Swap7.40%
-- Russ 1000 Finan Indx Swap4.33%
WFC Wells Fargo & Co0.93%
BRKB Berkshire Hathaway Inc Class B0.86%
JPM JPMorgan Chase & Co0.81%