Direxion Daily Financial Bull 3X Shares (FAS)

NYSEARCA: FAS · IEX Real-Time Price · USD
75.94
-0.30 (-0.39%)
At close: Aug 8, 2022 4:00 PM
75.95
+0.01 (0.01%)
After-hours: Aug 8, 2022 5:26 PM EDT
-0.39%
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.

Asset Class Equity
Sector Financial Services
Region North America
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol FAS
Index Tracked Financial Select Sector TR Index

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%
View More Holdings

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
Full Dividend History

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...

Other symbols: FAZTPOR

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A Guide to the 10 Most-Popular Leveraged ETFs

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ETF Odds & Ends: Quiet Yet Eventful Week

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Direxion Makes Index, Expense Ratio Changes

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Top Performing Leveraged/Inverse ETFs: 02/06/2022

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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 ETF...

Leveraged ETFs That Have More Than Doubled This Year

The major indices have reached series of record highs this year on the back of improving economy and return of strong corporate earnings growth.

Other symbols: HIBLNAIL

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 infla...

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...

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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

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...

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.

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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...

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.

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

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...

3 Leveraged Direxion ETFs Just Saw Huge 1-Week Inflows

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Other symbols: SOXLSPXS

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...

Big Banks Finally Beckon, Providing Juice To This Exciting ETF

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3 Leveraged ETFs that Could Profit from a Blue Wave

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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.