Direxion Daily Financial Bull 3X Sh.. (FAS)

Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US25459Y6941 • Trading--Leveraged Equity

The Direxion Daily Financial Bull 3X Shares (NYSE ARCA:FAS) focuses on providing investors with 3 times the daily performance of the Russell 1000 Financial Services Index. The fund allocates at least 80% of its net assets to financial instruments, including swap agreements, securities of the index, and ETFs tracking the index, offering leveraged exposure.

The Russell 1000 Financial Services Index consists of companies spanning a range of financial sectors, such as Banks, Thrifts & Mortgage Finance, Diversified Financial Services, Consumer Finance, Capital Markets, Insurance, and Mortgage REITs. This targeted exposure allows investors to bet on the performance of these specific industries.

It's essential to note that the Direxion Daily Financial Bull 3X Shares is considered non-diversified, focusing its investments on the financial sector. For more information, investors can visit the official company website at http://www.direxionfunds.com. The fund is domiciled in the United States, providing easy access to US market opportunities for interested investors.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Direxion Daily Financial Bull 3X Sh.. (FAS)

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Direxion Daily Financial Bull 3X Sh.. (FAS)

FAS ETF Overview

Market Cap in USD 2,451m
Category Trading--Leveraged Equity
TER 0.94%
IPO / Inception 2008-11-06

FAS ETF Ratings

Growth 5y 2.61
Fundamental -
Dividend 5.65
Rel. Performance vs Sector 3.26
Analysts -
Fair Price Momentum 91.45 USD
Fair Price DCF -

FAS Dividends

Yield 12m 1.70%
Yield on Cost 5y 2.40%
Dividends CAGR 5y 20.24%
Payout Consistency 51.0%

FAS Growth Ratios

Growth 12m 87.00%
Growth Correlation 12m 65%
Growth Correlation 3m 38%
CAGR 5y 7.20%
Sharpe Ratio 12m 2.19
Alpha vs SP500 12m 10.48
Beta vs SP500 5y weekly 3.35
ValueRay RSI 23.59
Volatility GJR Garch 1y 40.19%
Price / SMA 50 -4%
Price / SMA 200 24.82%
Current Volume 641.6k
Average Volume 20d 676.2k

External Links for FAS ETF

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Fund Manager Positions
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What is the price of FAS stocks?
As of May 03, 2024, the stock is trading at USD 97.90 with a total of 641,606 shares traded.
Over the past week, the price has changed by -3.48%, over one month by -10.13%, over three months by +8.56% and over the past year by +73.46%.
What is the forecast for FAS stock price target?
According to ValueRays Forecast Model, FAS Direxion Daily Financial Bull 3X Sh.. will be worth about 108.1 in May 2025. The stock is currently trading at 97.90. This means that the stock has a potential upside of +10.41%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 108.1 10.4