Direxion Daily Financial Bull 3x Shares (FAS)
| Assets | $1.69B |
| Expense Ratio | 0.96% |
| PE Ratio | 18.19 |
| Shares Out | n/a |
| Dividend (ttm) | $1.41 |
| Dividend Yield | 2.28% |
| Ex-Dividend Date | Sep 19, 2023 |
| Payout Ratio | 41.42% |
| 1-Year Return | +0.65% |
| Volume | 542,789 |
| Open | 63.33 |
| Previous Close | 63.14 |
| Day's Range | 61.60 - 63.43 |
| 52-Week Low | 48.86 |
| 52-Week High | 92.29 |
| Beta | n/a |
| Holdings | 84 |
| Inception Date | Nov 6, 2008 |
About FAS
Fund Home PageThe Direxion Daily Financial Bull 3x Shares (FAS) is an exchange-traded fund that is based on the Financial Select Sector index. The fund provides 3x leveraged exposure to a market cap-weighted index of US large-cap financial companies. FAS was launched on Nov 6, 2008 and is issued by Direxion.
Top 10 Holdings
251.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Financial Select Sector Index SWAP | n/a | 52.06% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 30.73% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 29.93% |
| Financial Select Sector Index SWAP | n/a | 28.29% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 27.50% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 24.72% |
| DREYFUS GOVT CASH MAN INS | n/a | 20.58% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 15.54% |
| Financial Select Sector Index SWAP | n/a | 11.92% |
| Berkshire Hathaway Inc. | BRK.B | 10.21% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-09-19 | $0.29278 | 2023-09-26 |
| 2023-06-21 | $0.62055 | 2023-06-28 |
| 2023-03-21 | $0.16632 | 2023-03-28 |
| 2022-12-20 | $0.3259 | 2022-12-28 |
| 2022-09-20 | $0.22257 | 2022-09-27 |
| 2022-06-22 | $0.12167 | 2022-06-29 |
News
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Direxion Changes Index for Financial and Transportation Leveraged ETFs
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Direxion Makes Index, Expense Ratio Changes
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Financials ETF Jumps Higher as Investors Digest Corporate Earnings
Corporate earnings are providing the fodder for traders to capitalize on opportunities in flourishing sectors like financials. In particular, traders can look at the Direxion Daily Financial Bull 3X E...
Volatility Hits Bank Stocks, but Bullish Optimism Remains
Like the rest of the market sectors, the Omicron variant sent bank stocks in a daze of volatility, but bullish optimism remains heading into 2022. The prospect of rising interest rates amid rising inf...
As Interest Rates Rise, Leverage Financial Sector Strength
The Federal Reserve has already signaled that it plans to raise rates in 2022, which means opportunities to lever up trades within the financial sector using the Direxion Daily Financial Bull 3X ETF (...
As Banks Dominate Earnings, Get Bullish on Financials
In the early going of second quarter earnings, banks have posted strong earnings, which should give the Direxion Daily Financial Bull 3X ETF (FAS) a boost. “Earnings season is off to a monster start, ...
Aided by Recent Bank Earnings, This ETF Is Up 260% the Past Year
Up close to 70% for the year, the Direxion Daily Financial Bull 3X ETF (FAS) is heading higher thanks to a positive week of bank earnings. Amongst the prominent holdings of FAS are JP Morgan and Bank ...
Betting on Finance? Up Your Leverage with the FAS ETF
With the first quarter of 2021 in the books, financials are looking powerful. Savvy traders can use funds like the Direxion Daily Financial Bull 3X ETF (FAS) to play the short-term momentum.
Sure of Rising Rates? This Leveraged Direxion ETF Is for You
Talk of rising Treasury yields and inflation is increasing in the capital markets, which is causing some investors to fret. Traders looking for an opportunity can try the Direxion Daily Financial Bull...
3 Leveraged Direxion ETFs Just Saw Huge 1-Week Inflows
As hot air slowly empties from the Reddit retail trading mania, the markets can re-focus on where the money is actually flowing. Traders the past week have been moving into leveraged ETFs from Direxio...
Buoyant Bank Outlook, Federal Reserve Support Could Make FAS ETF Great Again
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Big Banks Finally Beckon, Providing Juice To This Exciting ETF
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This Bank ETF Could Finally Be Beckoning
It's been a dreadful 2020 for bank stocks as the combination of low interest rates and investors' preference for growth fare are punishing this cyclical value group.
Fantastic Time For FAS, FAZ As Bank Earnings Roll In
Second-quarter earnings season starts next week with the quarterly kick-off ritual of reports from the major investment and money center banks.