Direxion Daily Financial Bull 3X Shares (FAS) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FAS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAS
FAS charges 1.00% annually. There are 222 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | FAS vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | FAS vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | FAS vs SPUU | |
| Leverage Shares 2X Long ARM Daily ETF | 0.75% | 75.08M | Jan 2025 | FAS vs ARMG | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 23.74M | Jan 2025 | FAS vs TSMG |
Best Risk-Adjusted Alternatives to FAS
FAS has a PortfoliosLab risk / return rank of 7. There are 164 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | FAS vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | FAS vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | FAS vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | FAS vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 98 | 1.73B | Apr 2013 | FAS vs KORU |
Top Performing FAS Alternatives (YTD)
FAS is at -21.74% YTD. There are 261 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 929.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 929.51% | 3.44B | Oct 2024 | FAS vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 907.48% | 1.11B | Nov 2024 | FAS vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 888.42% | 75.08M | Jan 2025 | FAS vs ARMG | |
| GraniteShares 2x Long DELL Daily ETF | 816.87% | 101.08M | Feb 2025 | FAS vs DLLL | |
| GraniteShares 2x Long MRVL Daily ETF | 779.83% | 568.50M | Mar 2025 | FAS vs MVLL |
Lowest Volatility Alternatives to FAS
FAS has 42.62% 1-year volatility. There are 102 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.69%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.69% | 22.62M | Apr 2021 | FAS vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.57% | 19.26M | Apr 2021 | FAS vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | FAS vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.02% | 22.12M | Jul 2021 | FAS vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | FAS vs XDSQ |
Lowest Drawdown Alternatives to FAS
FAS has a 1-year max drawdown of -40.88%. There are 105 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | FAS vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | FAS vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | FAS vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | FAS vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | FAS vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 6 categories. AUM among these funds goes as high as $23B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Direxion Daily Semiconductor Bull 3X ETF | Leveraged Equities, Semiconductors | 98 | 533.64% | 22.99B | Mar 2010 | FAS vs SOXL | |
| Direxion Daily S&P 500 Bull 3X ETF | Leveraged Equities, S&P 500 | 69 | 30.87% | 6.39B | Nov 2008 | FAS vs SPXL | |
| Direxion Daily 20-Year Treasury Bull 3X | Leveraged Bonds | 9 | -5.05% | 2.58B | Apr 2009 | FAS vs TMF | |
| Direxion Daily Technology Bull 3X Shares | Leveraged Equities | 89 | 132.84% | 5.93B | Dec 2008 | FAS vs TECL | |
| Direxion Daily TSLA Bull 1.5X Shares | Leveraged Equities | 12 | -20.85% | 5.42B | Jun 2022 | FAS vs TSLL | |
| Direxion Daily Semiconductor Bear 3x Shares | Leveraged Equities | 1 | -91.68% | 2.01B | Mar 2010 | FAS vs SOXS | |
| Direxion NASDAQ-100 Equal Weighted Index Shares | Nasdaq-100 | 62 | 19.23% | 1.27B | Mar 2012 | FAS vs QQQE | |
| Direxion Daily NVDA Bull 2X Shares ETF | Leveraged Equities | 45 | 29.37% | 730.17M | Sep 2023 | FAS vs NVDU | |
| Direxion Daily S&P 500 Bear 3X Shares | Inverse Equities, Leveraged Equities | 0 | -27.08% | 388.61M | Nov 2008 | FAS vs SPXS | |
| Direxion Daily Gold Miners Bull 2X Shares | Leveraged Equities | 37 | -10.08% | 977.22M | Apr 2020 | FAS vs NUGT |
Often Compared With FAS
Investors most often compare FAS with FAZ, XLF, DPST. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FAS with Any Fund or Stock
Compare FAS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAS with funds that move differently
Direxion Daily Financial Bull 3X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAS.
Explore FAS Diversifiers