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Direxion Daily Financial Bull 3X Shares (FAS)

NYSEARCA: FAS · IEX Real-Time Price · USD
142.31
-0.35 (-0.25%)
After-hours:Oct 21, 2021 7:59 PM EDT
142.66
-0.33 (-0.23%)
At close: Oct 21, 4:00 PM
Assets$3.50B
NAV$139.37
Expense Ratio0.99%
PE Ratio12.67
Shares Out25.10M
Dividend (ttm)$0.50
Dividend Yield0.36%
Ex-Dividend DateSep 21, 2021
1-Year Return
-
Volume985,518
Open142.75
Previous Close142.99
Day's Range140.04 - 144.33
52-Week Low30.96
52-Week High144.33
Beta3.37
Holdings159
Inception DateNov 6, 2008

About FAS

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Russell 1000® Financial Services Index. 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 is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. It is non-diversified.

Asset ClassEquity
SectorFinancial Services
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolFAS
Index TrackedRussell 1000 Financial Services Index

Top 10 Holdings

80.15% of assets
NameSymbolWeight
RUSS 1000 FINAN INDX SWAPN/A15.13%
RUSS 1000 FINAN INDX SWAPN/A13.89%
RUSS 1000 FINAN INDX SWAPN/A11.07%
RUSS 1000 FINAN INDX SWAPN/A10.62%
RUSS 1000 FINAN INDX SWAPN/A10.29%
DREYFUS GOVT CASH MGMTN/A5.49%
RUSS 1000 FINAN INDX SWAPN/A5.04%
RUSS 1000 FINAN INDX SWAPN/A4.57%
Berkshire HathawayBRK.B2.08%
JPMorgan ChaseJPM1.97%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Sep 21, 2021$0.153Sep 28, 2021
Jun 22, 2021$0.14101Jun 29, 2021
Mar 23, 2021$0.12864Mar 30, 2021
Dec 22, 2020$0.0792Dec 30, 2020
Sep 22, 2020$0.04742Sep 29, 2020
Jun 23, 2020$0.03642Jun 30, 2020
Full Dividend History

News

Best Leveraged ETF Areas of Past Decade

Fed's massive stimulus, record-bottom rates, fat fiscal stimulus in times of crisis, a divided Congress, a faster-than-expected rollout of coronavirus vaccines and chances of an antiviral treatment have...

10 hours ago - Zacks Investment Research

Play Soaring Financial Sector With These Leveraged ETFs

The financial sector has been soaring lately on rising yields with many stocks hitting new highs.

Other symbols:DPSTUYG
1 week ago - Zacks Investment Research

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...

2 weeks ago - ETF Trends

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...

3 months ago - ETF Trends

6 Best Leveraged ETF Areas of Last Week

Last Week was extremely upbeat for U.S. stocks on lower-than-expected inflation data and Biden's infrastructure plan.

Other symbols:DPSTGUSHHIBLRETLURTY
3 months ago - Zacks Investment Research

A Guide to 10 Most-Popular Leveraged ETFs

Leveraged ETFs provide multiple exposure (2X or 3X) to the daily performance of the underlying index. These funds employ various investment strategies such as use of swaps, futures contracts and other d...

4 months ago - Zacks Investment Research

Leveraged ETFs That Gained Double Digits in April

Wall Street had a solid run last month, with the S&P 500 and the Dow Jones logging in gains for the fourth consecutive month, rising about 5% and 2.7%, respectively.

5 months ago - Zacks Investment Research

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...

6 months ago - ETF Trends

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.

6 months ago - ETF Trends

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...

7 months ago - ETF Trends

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 Direxion ...

Other symbols:SOXLSPXS
8 months ago - ETF Trends

Buoyant Bank Outlook, Federal Reserve Support Could Make FAS ETF Great Again

The Federal Reserve hit bank stocks and the related exchange traded funds on multiple fronts this year, which is to say any examination of the best ETFs in 2020 isn't going to include financial services...

9 months ago - Benzinga

Big Banks Finally Beckon, Providing Juice To This Exciting ETF

Thanks in large part to the Federal Reserve taking interest rates to historic lows, it's been awhile since investors had anything to cheer about with bank stocks and the corresponding exchange traded fu...

Other symbols:XLF
10 months ago - Benzinga

3 Leveraged ETFs that Could Profit from a Blue Wave

A Democratic “blue wave” in the White House is already prompting traders to position themselves for gains should a new administration under presidential hopeful Joe Biden take over as the leader of the ...

Other symbols:DRNDUSL
11 months ago - ETF Trends

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.

1 year ago - Benzinga

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.

Other symbols:FAZ
1 year ago - Benzinga

Are leveraged and inverse ETFs worth the risk? Two industry pros break it down

Leveraged and inverse exchange-traded funds can be dangerous for investors who don't do their homework, two industry leaders warn.

Other symbols:SOXLSPXLTECL
1 year ago - CNBC

Unpacking leveraged and inverse ETFs with two industry pros

Tom Lydon, CEO of ETF Trends and ETF Database, and David Mazza, head of product at Direxion, explain the mechanics behind leveraged and inverse ETFs. With CNBC's Bob Pisani.

Other symbols:SOXLSPXLTECL
1 year ago - CNBC Television

Murky Dividend Picture Puts Bearish Bank ETF In The Spotlight

On June 25, the Federal Reserve will release the results of the Comprehensive Capital Analysis and Review (CCAR), also known as the stress test.

1 year ago - Benzinga

Travel And Financial ETFs Gain As S&P 500 Hits Positive Territory

After stocks finished the day near their highs, building on gains made last week, U.S. stock index futures are attempting to hold steady during the overnight session Monday evening as investors are seek...

Other symbols:JETS
1 year ago - ETF Trends

Financial ETFs Jump as Partial Reopening Dates Emerge

Here's why banks stocks bounced back on Friday after selling off earlier in the week. Trade the sector using these three ETFs.

Other symbols:KBWBXLF
1 year ago - Investopedia

Leveraged ETFs That Gained More Than 50% Last Week

The series of developments last week have spurred huge demand for leveraged ETFs as investors seek to register big gains in a shorter span of time.

1 year ago - Zacks Investment Research

Can the Financial Sector Weather the Coronavirus Outbreak Storm?

The financial sector has been one of the hardest hit as stay-at-home orders across the national are forcing places like banks to readjust their businesses in order to keep pace with the social distancin...

Other symbols:ARKFFAZFINX
1 year ago - ETF Trends

International and Leveraged Financials: 2 ETFs to Watch on Outsized Volume

ACWX and FAS saw outsized volume in yesterday trading session.

Other symbols:ACWX
1 year ago - Zacks Investment Research

An Uncertain 2020 for Finance Sector Puts Fintech ETFs in Focus

As with most sectors, 2019 saw the financial sector manage strong gains amid the U.S.-China trade war, but with a murky outlook to start 2020, it could mean looking into niche areas for investors.

Other symbols:ARKFFINX
1 year ago - ETF Trends