Market Tracker

07/23 5:16pm ET

Direxion Daily Financial Bull 3X Shares (FAS)

During the Trading Day
103.01 +0.66 / +0.64%
Data as of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
103.15 +0.14 / +0.14%
 
Volume: 4.5K

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+1.97% 3 years+34.04%
3 months+13.53% 5 years+31.03%
1 year+32.19% Since inception-4.71%
Data through 07/23/2014

Quote Details

Previous close$102.35
Open day’s range102.09 – 103.47
Net asset value (NAV)102.51 (07/22/2014)
Daily volume901,396
Average volume (3 months)2,098,927
Data as of 3:59pm ET, 07/23/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+31.03%+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%