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 provides 3x leveraged exposure to the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index—a subset from the Russell 1000 Index consisting of large-cap financial companies, where weights greater than 4.5% in aggregate are no more than 22.5% of the index, and no individual company in the index has a weight greater than 15% of the index. FAS charges a fee for such exposure, however, the product isn’t designed for long-term investors. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. As a levered product, FAS is not a buy-and-hold ETF, it's a short-term tactical instrument. The fund rebalances daily. 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.

PERFORMANCE [as of 06/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FAS -15.05% -51.23% -52.51% -39.75% -4.73% 6.53% 24.87%
FAS (NAV) -15.00% -51.19% -52.45% -39.50% -4.68% 6.56% 24.88%
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%
$1.65B
0.07%

FAS Portfolio Data

0.82%
N/A

FAS Index Data

Market Cap
Market Cap
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 06/23/22
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

1,682,241
$134.73M
1,697,251
$133.78M
0.07%
$0.06
0.04%
0.57% / -4.32%
None
99.00%
50,000
33.95
0.01%
--
51,815
$62.15
5

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