Market Tracker

09/01 1:05pm ET

Direxion Daily Financial Bull 3X Shares (FAS)

106.73
Data as of Aug 29
 +1.25 / +1.19%
Today’s Change
62.25
Today|||52-Week Range
108.15
+18.19%
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.

Performance

1 month+6.62% 3 years+60.88%
3 months+14.59% 5 years+19.23%
1 year+67.07% Since inception-3.95%
Data through 08/30/2014

Quote Details

Previous close$105.48
Open day’s range105.63 – 107.21
Net asset value (NAV)106.81 (08/29/2014)
Daily volume779,312
Average volume (3 months)1,855,584
Data as of 3:59pm ET, 08/29/2014

Peer Comparisonvs. Trading-leveraged equity ETFs

 FASCategory
Performance 5-yr return+19.23%+33.59%
Expense Gross exp ratio1.02%0.91%
Risk 5 year sharpe ratio0.680.90
Net assets$1.1B$173.3M
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 Swap119.08%
-- Russ 1000 Finan Indx Swap48.82%
-- Russ 1000 Finan Indx Swap48.81%
-- Russ 1000 Finan Indx Swap43.48%
-- Russ 1000 Finan Indx Swap27.98%
-- Russ 1000 Finan Indx Swap8.41%
-- Russ 1000 Finan Indx Swap1.33%
WFC Wells Fargo & Co0.95%
BRKB Berkshire Hathaway Inc Class B0.89%
JPM JPMorgan Chase & Co0.85%