Direxion Daily Financial Bull 3X Shares (FAS)
| Assets | $1.94B |
| NAV | $74.54 |
| Expense Ratio | 0.92% |
| PE Ratio | 12.67 |
| Shares Out | 26.00M |
| Dividend (ttm) | $0.63 |
| Dividend Yield | 0.83% |
| Ex-Dividend Date | Jun 22, 2022 |
| 1-Year Return | -35.71% |
| Volume | 787,243 |
| Open | 77.50 |
| Previous Close | 76.24 |
| Day's Range | 75.77 - 78.56 |
| 52-Week Low | 56.32 |
| 52-Week High | 155.82 |
| Beta | 3.21 |
| Holdings | 86 |
| Inception Date | Nov 6, 2008 |
About FAS
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index measures the performance of U.S. large capitalization companies that are assigned to the Financials Industry by the ICB sector classification framework. It is non-diversified.
Top 10 Holdings
8.9417e+113% of assets| Name | Symbol | Weight |
|---|---|---|
| The Travelers Companies | TRV | 894,170,000,000,000,047,377,699,209,665,449,469,909,181,717,984,512,391,779,740,052,569,988,919,418,379,885,260,732,873,850,789,601,608,384,978,616,320.00% |
| Financial Select Sector Index SWAP | n/a | 43.86% |
| Financial Select Sector Index SWAP | n/a | 35.59% |
| Financial Select Sector Index SWAP | n/a | 35.12% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 32.47% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 29.38% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 28.89% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 22.05% |
| Berkshire Hathaway | BRK.B | 10.49% |
| DREYFUS TREASURY SECURITIES CASH MANAGEMENT | n/a | 8.46% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 22, 2022 | $0.12167 | Jun 29, 2022 |
| Dec 21, 2021 | $0.35754 | Dec 29, 2021 |
| Sep 21, 2021 | $0.153 | Sep 28, 2021 |
| Jun 22, 2021 | $0.14101 | Jun 29, 2021 |
| Mar 23, 2021 | $0.12864 | Mar 30, 2021 |
| Dec 22, 2020 | $0.0792 | Dec 30, 2020 |
News
Direxion Changes Index for Financial and Transportation Leveraged ETFs
Index Changes Take Effect August 1, 2022 NEW YORK , June 2, 2022 /PRNewswire/ -- Direxion (www.direxion.com), a leading provider of leveraged & inverse and thematic ETFs, announced it is changing the un...
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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 (FA...
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, wi...
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 of...
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
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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.