Direxion Daily Financial Bull 3X Shares (FAS)
- Previous Close
93.21 - Open
94.25 - Bid --
- Ask --
- Day's Range
93.50 - 96.53 - 52 Week Range
48.73 - 113.08 - Volume
543,909 - Avg. Volume
773,238 - Net Assets 2.45B
- NAV 93.24
- PE Ratio (TTM) 27.75
- Yield 1.48%
- YTD Daily Total Return 13.17%
- Beta (5Y Monthly) 2.85
- Expense Ratio (net) 0.94%
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, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; Capital Markets; Insurance; and Mortgage REITs. It is non-diversified.
Direxion Funds
Fund Family
Trading--Leveraged Equity
Fund Category
2.45B
Net Assets
2008-11-06
Inception Date
Performance Overview: FAS
Trailing returns as of 4/17/2024. Category is Trading--Leveraged Equity.
People Also Watch
Holdings: FAS
Top 7 Holdings (30.77% of Total Assets)
Sector Weightings
Related ETF News
Research Reports: FAS
Analyst Report: The Boeing Company
Boeing is a major aerospace and defense firm. It operates in three segments: commercial airplanes, defense, space & security, and global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.
RatingBullishPrice TargetAnalyst Report: ASML Holding N.V.
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingNeutralPrice TargetAnalyst Report: Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.
RatingNeutralPrice TargetAnalyst Report: Meta Platforms, Inc.
Meta is the world’s largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm’s total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.
RatingBearishPrice Target