NYSEARCA:FAS

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

$104.40
+1.14 (+1.10%)
(As of 05/8/2024 ET)
Today's Range
$102.18
$104.96
50-Day Range
$92.67
$112.20
52-Week Range
$48.73
$113.08
Volume
252,755 shs
Average Volume
725,483 shs
Market Capitalization
$2.30 billion
Assets Under Management
$2.21 billion
Dividend Yield
1.59%
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

Exposed: 10 CENT Crypto to Explode May 20th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Direxion Daily Financial Bull 3X Shares (FAS)
Exposed: 10 CENT Crypto to Explode May 20th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
FAS: Nearly Impossible To Trade
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
101

Fund Statistics

Assets Under Management
$2.21 billion
Average Daily Volume
$630,732.40
Discount/Premium
0.03%
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
5,354
Put Options
1,899
Call Options
3,455
Short Interest
608,300 shs

Miscellaneous

Beta
3.13
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%0.51%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%0.58%0.58%

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

Top 10 FAS Holdings

  • Financial Select Sector Index SWAP
    Holding Weight: 49.39%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 40.29%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 30.36%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 24.02%
  • Financial Select Sector Index SWAP
    Holding Weight: 23.02%
  • Financial Select Sector Index SWAP
    Holding Weight: 21.54%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 21.18%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 16.59%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 16.16%
  • Berkshire Hathaway(NYSE:BRK.B)
    Holding Weight: 9.64%

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 start of the year. Since then, FAS stock has increased by 26.3% and is now trading at $104.40.
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 $2.21 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 Simplex Trading LLC (0.60%), Toth Financial Advisory Corp (0.06%), Rovin Capital UT ADV (0.03%), Edge Financial Advisors LLC (0.02%), Retirement Planning Co of New England Inc. (0.01%) and 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 5/9/2024 by MarketBeat.com Staff

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