Direxion Daily Financial Bull 3x Shares (FAS)
| Assets | $2.24B |
| Expense Ratio | 0.94% |
| PE Ratio | 29.90 |
| Shares Out | 21.65M |
| Dividend (ttm) | $1.66 |
| Dividend Yield | 1.64% |
| Ex-Dividend Date | Mar 19, 2024 |
| Payout Ratio | 49.51% |
| 1-Year Return | +70.87% |
| Volume | 528,232 |
| Open | 101.41 |
| Previous Close | 103.20 |
| Day's Range | 98.69 - 102.41 |
| 52-Week Low | 48.73 |
| 52-Week High | 113.08 |
| Beta | 2.53 |
| Holdings | 83 |
| 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
254.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Financial Select Sector Index SWAP | n/a | 47.58% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 38.82% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 37.52% |
| Financial Select Sector Index SWAP | n/a | 24.65% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 23.14% |
| Financial Select Sector Index SWAP | n/a | 20.75% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 20.41% |
| DREYFUS GOVT CASH MAN INS | n/a | 17.04% |
| FINANCIAL SELECT SECTOR INDEX SWAP | n/a | 15.57% |
| Berkshire Hathaway Inc. | BRK.B | 9.35% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 19, 2024 | $0.36359 | Mar 26, 2024 |
| Dec 21, 2023 | $0.38289 | Dec 29, 2023 |
| Sep 19, 2023 | $0.29278 | Sep 26, 2023 |
| Jun 21, 2023 | $0.62055 | Jun 28, 2023 |
| Mar 21, 2023 | $0.16632 | Mar 28, 2023 |
| Dec 20, 2022 | $0.3259 | Dec 28, 2022 |
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 ...
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 servic...
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 ...
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.
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.
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.
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.
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.
3 ETFs For A Big Week Of Bank Earnings
Earnings season arrives in earnest this week with the traditional launch of a spate of reports from the financial services sector, the S&P 500's third-largest sector allocation.
Figuring Out The Way To Play Financials With Leverage
The financial services sector, the third-largest sector weight in the S&P 500 is under siege thanks in part to declining interest rates.
A Curious Trend With Bank ETFs
The Financial Select Sector SPDR Fund (NYSE: XLF), the largest exchange-traded fund tracking stocks in the S&P 500's third-largest sector, lost 1.56% last week.
Once Again, It's Time For These Leveraged ETFs
The second quarter is still in its nascent stages, but that also means first-quarter earnings season will be soon arriving.