Market Tracker

08/28 8:25am ET

Direxion Daily Financial Bull 3X Shares (FAS)

Thursday’s Trading Day
28.54 +2.00 / +7.54%
As of Aug 27
Day’s Change
Friday’s Pre-Market   Switch to standard view »
28.00 -0.54 / -1.89%
 
Volume: 2.2K

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 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.

No recent news for Direxion Daily Financial Bull 3X Shares.

Performance

1 month-16.78% 3 years+53.03%
3 months-11.84% 5 years+29.80%
1 year+10.51% Since inception-2.16%
Data through 08/22/2015

Quote Details

Previous close$26.54
Open day’s range27.12 – 28.76
Net asset value (NAV)29.11 (08/21/2015)
Daily volume6,877,612
Average volume (3 months)3,414,967
Data as of 08/27/2015

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+29.80%+21.46%
Expense Gross exp ratio0.98%0.89%
Risk 5 year sharpe ratio0.80--
Net assets$1.3B$173.4M
Average market cap----
Average P/E----
Dividend / Share--0.21%

Competitors

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

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
-- 74.87%
-- 59.91%
-- 49.74%
-- 46.85%
-- 35.44%
-- 8.89%
-- 2.46%
WFC Wells Fargo1.13%
BRKB Berkshire Hathaway1.12%
JPM JPMorgan Chase1.07%