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 assetsName | 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

ETFs to Note as Hedge Funds Trim Short Bets on Regional Banks
Hedge funds could be sensing that regional banks could be making a move to the upside. These funds started to trim their bets on shorting those banks, which is a potential sign that rate hikes could b...

Top Performing Leveraged/Inverse ETFs: 07/23/2023
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3 ETFs to Consider Amid the SVB Financial Fallout
The collapse of SVB Financial Group has been dumping a large bucket of volatility in bank stocks, opening up trade opportunities in leveraged exchange-traded funds (ETFs) from Direxion Investments.

Financial Stocks: Fight or Flight?
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are ...

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 ...

Direxion Makes Index, Expense Ratio Changes
Direxion had a number of index changes that will be effective on or about April 22nd, 2022. They are: Direxion Daily MSCI Real Estate Bull 3X Shares (DRV) Fund name changed to the Direxion Daily Real ...

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
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 ...

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 th...

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.