PortfoliosLab logo

Direxion Daily Financial Bull 3X Shares (FAS)

ETF · Currency in USD · Last updated May 21, 2022

FAS is a passive ETF by Direxion tracking the investment results of the Russell 1000 Financial Services Index (300%). FAS launched on Nov 6, 2008 and has a 1.00% expense ratio.

ETF Info

  • ISINUS25459Y6941
  • CUSIP25459Y694
  • IssuerDirexion
  • Inception DateNov 6, 2008
  • RegionNorth America (U.S.)
  • CategoryLeveraged Equities, Leveraged
  • Leveraged3x
  • Expense Ratio1.00%
  • Index TrackedRussell 1000 Financial Services Index (300%)
  • ETF Home Pagewww.direxion.com
  • Asset ClassEquity
  • Asset Class Size

    Large-Cap
  • Asset Class Style

    Blend

Trading Data

  • Previous Close$73.08
  • Year Range$73.08 - $152.77
  • EMA (50)$96.57
  • EMA (200)$113.03
  • Average Volume$1.63M

FASShare Price Chart


Chart placeholderClick Calculate to get results

FASPerformance

The chart shows the growth of $10,000 invested in Direxion Daily Financial Bull 3X Shares on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $70,419 for a total return of roughly 604.19%. All prices are adjusted for splits and dividends.


FAS (Direxion Daily Financial Bull 3X Shares)
Benchmark (^GSPC)

FASReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-33.14%-12.57%
YTD-44.10%-18.14%
6M-46.49%-17.07%
1Y-36.01%-5.21%
5Y12.12%10.37%
10Y27.99%11.49%

FASMonthly Returns Heatmap


Chart placeholderClick Calculate to get results

FASSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily Financial Bull 3X Shares Sharpe ratio is -0.61. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


FAS (Direxion Daily Financial Bull 3X Shares)
Benchmark (^GSPC)

FASDividend History

Direxion Daily Financial Bull 3X Shares granted a 0.89% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $0.65 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.65$0.78$0.29$0.58$0.64$0.08$0.00$0.00$0.00$0.00$0.00$0.00$0.04

Dividend yield

0.89%0.60%0.47%0.63%1.47%0.12%0.00%0.00%0.00%0.00%0.00%0.00%0.36%

FASDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


FAS (Direxion Daily Financial Bull 3X Shares)
Benchmark (^GSPC)

FASWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily Financial Bull 3X Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily Financial Bull 3X Shares is 85.99%, recorded on Mar 23, 2020. It took 276 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-85.99%Feb 18, 202025Mar 23, 2020276Apr 27, 2021301
-76.2%Apr 15, 2010372Oct 3, 2011404May 14, 2013776
-53.73%Jan 29, 2018229Dec 24, 2018145Jul 24, 2019374
-53.35%Jul 23, 2015141Feb 11, 2016192Nov 14, 2016333
-52.16%Jan 13, 202289May 20, 2022
-28.16%Jan 8, 201021Feb 8, 201021Mar 10, 201042
-24.26%Jun 7, 202130Jul 19, 202117Aug 11, 202147
-21.48%Nov 4, 202132Dec 20, 202113Jan 7, 202245
-19.7%Jul 29, 201913Aug 14, 201954Oct 30, 201967
-19.6%Jan 16, 201412Feb 3, 201422Mar 6, 201434

FASVolatility Chart

Current Direxion Daily Financial Bull 3X Shares volatility is 75.70%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


FAS (Direxion Daily Financial Bull 3X Shares)
Benchmark (^GSPC)

Portfolios with Direxion Daily Financial Bull 3X Shares


Loading data...

More Tools for Direxion Daily Financial Bull 3X Shares