FAS Direxion Daily Financial Bull 3x Shares

*Unless otherwise stated, data provided by FactSet.

FAS Fund Description

FAS provides 3x leveraged exposure to a market cap-weighted index of US large-cap financial companies.

FAS Factset Analytics Insight

FAS is an aggressive and bullish one-day bet on large-cap US financials stocks. It provides 3x leveraged exposure to a market cap-weighted index that captures the financials segment of the S&P 500 based on GICS. To gain exposure to the index, FAS invests in swap agreements, securities of the index, and ETFs that track the index. As a leveraged product, FAS is not a buy-and-hold ETF, it is a short-term tactical instrument. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. Over longer periods, returns can vary significantly from 3x exposure to its underlying index. Prior to February 28, 2022, the fund tracked the Russell 1000 Financials Services Index. On August 1, 2022, the fund ceased tracking the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index.

PERFORMANCE [as of 09/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FAS -23.86% -13.24% -57.04% -53.49% -9.56% 0.81% 20.90%
FAS (NAV) -23.83% -13.31% -57.08% -53.50% -9.61% 0.78% 20.87%
N/A -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FAS Summary Data

Direxion
11/06/08
Open-Ended Fund
0.92%
$1.56B
0.06%

FAS Portfolio Data

0.86%
N/A

FAS Index Data

N/A
Market Cap
Committee
N/A

FAS Fund Structure

Yes
Yes
-- / --
N/A
N/A
Low
3
Daily

FAS Tax Exposures

20.00% / 39.60%
--
No

FAS Factset Analytics Block Liquidity

As of 09/30/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FAS. FAS is rated a 5 out of 5.

FAS Tradability

1,386,730
$96.59M
1,231,925
$98.56M
0.06%
$0.04
0.03%
0.57% / -4.32%
None
100.00%
50,000
24.64
0.01%
--
53,942
$56.00
5

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