Direxion Daily Financial Bull 3X Shares (FAS)
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-CapAsset 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
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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.
FASReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | -33.14% | -12.57% |
| YTD | -44.10% | -18.14% |
| 6M | -46.49% | -17.07% |
| 1Y | -36.01% | -5.21% |
| 5Y | 12.12% | 10.37% |
| 10Y | 27.99% | 11.49% |
FASMonthly Returns Heatmap
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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.
| Period | TTM | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2020 | 25 | Mar 23, 2020 | 276 | Apr 27, 2021 | 301 |
| -76.2% | Apr 15, 2010 | 372 | Oct 3, 2011 | 404 | May 14, 2013 | 776 |
| -53.73% | Jan 29, 2018 | 229 | Dec 24, 2018 | 145 | Jul 24, 2019 | 374 |
| -53.35% | Jul 23, 2015 | 141 | Feb 11, 2016 | 192 | Nov 14, 2016 | 333 |
| -52.16% | Jan 13, 2022 | 89 | May 20, 2022 | — | — | — |
| -28.16% | Jan 8, 2010 | 21 | Feb 8, 2010 | 21 | Mar 10, 2010 | 42 |
| -24.26% | Jun 7, 2021 | 30 | Jul 19, 2021 | 17 | Aug 11, 2021 | 47 |
| -21.48% | Nov 4, 2021 | 32 | Dec 20, 2021 | 13 | Jan 7, 2022 | 45 |
| -19.7% | Jul 29, 2019 | 13 | Aug 14, 2019 | 54 | Oct 30, 2019 | 67 |
| -19.6% | Jan 16, 2014 | 12 | Feb 3, 2014 | 22 | Mar 6, 2014 | 34 |
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.
Portfolios with Direxion Daily Financial Bull 3X Shares
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