Market Tracker

10/31 7:05pm ET

Direxion Daily Financial Bull 3X Shares (FAS)

During the Trading Day
113.76 +3.76 / +3.42%
Data as of 4:00pm ET
Day’s Change
During After-Hours   Switch to standard view »
113.80 +0.04 / +0.04%
 
Volume: 3.2K

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+7.12% 3 years+59.31%
3 months+8.71% 5 years+24.14%
1 year+40.57% Since inception-3.36%
Data through 10/31/2014

Quote Details

Previous close$110.00
Open day’s range112.40 – 114.22
Net asset value (NAV)110.05 (10/30/2014)
Daily volume1,957,643
Average volume (3 months)1,915,552
Data as of 4:00pm ET, 10/31/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+24.14%+23.84%
Expense Gross exp ratio1.02%0.91%
Risk 5 year sharpe ratio0.580.81
Net assets$1.2B$176.6M
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 Swap106.15%
-- Russ 1000 Finan Indx Swap45.46%
-- Russ 1000 Finan Indx Swap44.57%
-- Russ 1000 Finan Indx Swap37.25%
-- Russ 1000 Finan Indx Swap36.40%
-- Russ 1000 Finan Indx Swap13.00%
-- Russ 1000 Finan Indx Swap8.03%
BRKB Berkshire Hathaway Inc Class B0.68%
WFC Wells Fargo & Co0.67%
JPM JPMorgan Chase & Co0.62%