S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSEARCA:FAS

Direxion Daily Financial Bull 3X Shares (FAS) Price, Holdings, & News

$94.45
-1.77 (-1.84%)
(As of 04/15/2024 ET)
Today's Range
$93.63
$100.79
50-Day Range
$88.50
$112.20
52-Week Range
$48.73
$113.08
Volume
1.13 million shs
Average Volume
784,206 shs
Market Capitalization
$2.12 billion
Assets Under Management
$2.10 billion
Dividend Yield
1.76%
Net Expense Ratio
0.92%
FAS stock logo

About Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (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 cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending. The Fund invests 80% of its net assets in futures contracts; indices and futures contracts; equity caps, collars and floors; swap agreements, forward contracts; short positions; reverse repurchase agreements; exchanges traded funds and other financial instruments. The Fund’s adviser is Rafferty Asset Management, LLC.

FAS Stock Price History

FAS ETF News Headlines

Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Direxion Daily Financial Bull 3X Shares (FAS)
Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Financial Bull 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FAS
Inception Date
11/6/2008
Fund Manager
Paul Brigandi, Tony Ng
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Financials Select Sector Index
Category
Sector
Focus
Financials
Development Level
Developed Markets
Region
North America
Number of Holdings
92

Fund Statistics

Assets Under Management
$2.10 billion
Average Daily Volume
$732,186.00
Discount/Premium
0.20%
Leveraged
3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
13,912
Put Options
4,622
Call Options
9,290
Short Interest
569,000 shs

Miscellaneous

Beta
3.14
Creation Unit
50,000
Creation Fee
$625.00
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Direxion Daily Financial Bull 3X Shares Expenses

TypeFASFinancials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.50%0.54%0.50%0.51%
Other Expenses0.17%1.74%0.54%0.64%0.58%
Total Expense0.92%1.26%0.70%0.74%0.70%
Fee Waiver0.00%-0.48%-0.55%-0.68%-0.57%
Net Expense0.92%1.16%0.60%0.57%0.58%

Direxion Daily Financial Bull 3X Shares (FAS) Holdings & Exposure

Top 10 FAS Holdings

  • Financial Select Sector Index SWAP
    Holding Weight: 51.97%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 35.61%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 30.52%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 23.61%
  • Financial Select Sector Index SWAP
    Holding Weight: 21.27%
  • Financial Select Sector Index SWAP
    Holding Weight: 21.17%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 20.82%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 15.88%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 11.95%
  • Berkshire Hathaway(NYSE:BRK.B)
    Holding Weight: 10.50%

FAS Sector Exposure

FAS Industry Exposure


FAS ETF - Frequently Asked Questions

How have FAS shares performed in 2024?

Direxion Daily Financial Bull 3X Shares' stock was trading at $82.65 at the beginning of 2024. Since then, FAS shares have increased by 14.3% and is now trading at $94.45.
View the best growth stocks for 2024 here
.

What does FAS invest in?

Direxion Daily Financial Bull 3X Shares is a equity fund issued by Direxion. FAS focuses on financials investments and follows the Financials Select Sector Index. The fund's investments total to approximately $2.10 billion assets under management.

What stocks does Direxion Daily Financial Bull 3X Shares hold?
What is the management fee for Direxion Daily Financial Bull 3X Shares?

Direxion Daily Financial Bull 3X Shares' management fee is 0.75% and has other expenses of 0.17%. The net expense ratio for FAS is 0.92%.

What other stocks do shareholders of Direxion Daily Financial Bull 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Financial Bull 3X Shares investors own include Bank of America (BAC), Boeing (BA), Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA), SPDR S&P 500 ETF Trust (SPY), Alibaba Group (BABA), ProShares UltraPro QQQ (TQQQ), Citigroup (C) and Delta Air Lines (DAL).

Who are Direxion Daily Financial Bull 3X Shares' major shareholders?

Direxion Daily Financial Bull 3X Shares' stock is owned by a number of retail and institutional investors. Top institutional investors include Grandview Asset Management LLC (0.01%).
View institutional ownership trends
.

How do I buy shares of Direxion Daily Financial Bull 3X Shares?

Shares of FAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FAS) was last updated on 4/15/2024 by MarketBeat.com Staff

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