Free Trial
NYSEARCA:FAS

Direxion Daily Financial Bull 3X Shares (FAS) Price, Holdings, & News

Direxion Daily Financial Bull 3X Shares logo
$157.91 -3.73 (-2.31%)
(As of 12/17/2024 ET)

About Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Key Stats

Today's Range
$156.40
$159.53
50-Day Range
$131.80
$182.00
52-Week Range
$77.68
$184.88
Volume
506,881 shs
Average Volume
652,513 shs
Market Capitalization
$2.57 billion
Assets Under Management
$2.64 billion
Dividend Yield
0.84%
Net Expense Ratio
0.94%
Aggregate Rating
Moderate Buy

ETF Overview

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (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 United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending. The Fund invests 80% of its net assets in futures contracts; indices and futures contracts; equity caps, collars and floors; swap agreements, forward contracts; short positions; reverse repurchase agreements; exchanges traded funds and other financial instruments. The Fund's adviser is Rafferty Asset Management, LLC.

Direxion Daily Financial Bull 3X Shares Expenses

TypeFASFinancials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.50%0.55%0.51%0.52%
Other Expenses0.19%1.53%0.49%0.57%0.53%
Total Expense0.94%1.21%0.71%0.73%0.71%
Fee Waiver0.00%-0.48%-0.51%-0.67%-0.56%
Net Expense0.94%1.11%0.61%0.58%0.59%
Receive FAS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Direxion Daily Financial Bull 3X Shares and its competitors with MarketBeat's FREE daily newsletter.

FAS ETF News Headlines

ETFs for bullish investors
Top 3 ETFs for Bullish Investors Post-Election (FAS)
For investors expecting markets to continue to rise into the new year and administration, broad-based leveraged funds offer short-term potential.
DeFi Coin on Verge of Breakout!
The blueprint for millionaires is here. Don't let this be the missed opportunity you regret for years.
See More Headlines

FAS ETF - Frequently Asked Questions

Direxion Daily Financial Bull 3X Shares' stock was trading at $82.65 on January 1st, 2024. Since then, FAS stock has increased by 91.1% and is now trading at $157.91.
View the best growth stocks for 2024 here
.

Top institutional shareholders of Direxion Daily Financial Bull 3X Shares include Wolverine Trading LLC, Jane Street Group LLC, Capital Investment Advisors LLC (0.11%) and IMC Chicago LLC (0.09%).
View institutional ownership trends
.

Shares of FAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Financial Bull 3X Shares investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and SPDR S&P 500 ETF Trust (SPY).

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Financial Bull 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FAS
Inception Date
11/6/2008
Fund Manager
Paul Brigandi, Tony Ng
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Financials Select Sector Index
Category
Sector
Focus
Financials
Development Level
Developed Markets
Region
North America
Number of Holdings
84

Fund Statistics

Assets Under Management
$2.64 billion
Average Daily Volume
$510,619.20
Discount/Premium
0.17%
Leveraged
3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1,758
Put Options
426
Call Options
1,332
Short Interest
952,100 shs

Miscellaneous

Beta
3.16
Creation Unit
50,000
Creation Fee
$625.00
2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report

Top 10 FAS Holdings

  • Financial Select Sector Index SWAP
    Holding Weight: 63.49%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 39.11%
  • Financial Select Sector Index SWAP
    Holding Weight: 32.79%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 26.17%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 22.04%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 19.59%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 18.48%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 18.45%
  • Financial Select Sector Index SWAP
    Holding Weight: 12.25%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 10.28%

FAS Sector Exposure

FAS Industry Exposure


This page (NYSEARCA:FAS) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners