Market Tracker

09/15 5:14am ET

Direxion Daily Financial Bull 3X Shares (FAS)

105.93
Data as of Sep 12
 -1.06 / -0.99%
Today’s Change
64.38
Today|||52-Week Range
109.40
+17.31%
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+10.59% 3 years+72.42%
3 months+9.12% 5 years+20.09%
1 year+51.89% Since inception-4.06%
Data through 09/13/2014

Quote Details

Previous close$106.99
Open day’s range-- – --
Net asset value (NAV)105.93 (09/12/2014)
Daily volume1,140,783
Average volume (3 months)1,679,154
Data as of 09/12/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+20.09%+33.59%
Expense Gross exp ratio1.02%0.91%
Risk 5 year sharpe ratio0.610.91
Net assets$1.2B$179.5M
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 Swap112.36%
-- Russ 1000 Finan Indx Swap47.62%
-- Russ 1000 Finan Indx Swap45.58%
-- Russ 1000 Finan Indx Swap36.78%
-- Russ 1000 Finan Indx Swap28.69%
-- Russ 1000 Finan Indx Swap13.76%
-- Russ 1000 Finan Indx Swap1.25%
BRKB Berkshire Hathaway Inc Class B0.75%
WFC Wells Fargo & Co0.73%
JPM JPMorgan Chase & Co0.67%