Direxion Daily Financial Bull 3X Shares (FAS)

Add to Watchlists
Create an Alert
32.22 -0.38  -1.17% NYSE Arca Jul 2, 8:00PM Delayed 2m USD
View Full Chart
FAS Price Chart

FAS Description

Direxion Daily Financial Bull 3X Shares is a long-short equity fund managed by Direxion Funds that tracks the Russell 1000/Financial Services TR USD index and has 1.313B USD assets under management. It has an forecasted dividend yield of 2.24%, a forecasted PE ratio of 15.82, and a forecasted price to book value of 1.448. The fund has a net expense ratio of 0.97%, turns over its positions 118.0% per year, and is traded on the New York Stock Exchange Arca.

FAS Key Info

Expense Ratio (2-27-15) 0.97%
Assets Under Management (7-2-15) 1.313B
30-Day Average Volume (7-2-15) 2.982M
Net Asset Value (7-2-15) 32.23
Discount or Premium to NAV (7-2-15) -0.03%
Turnover Ratio (10-31-14) 118.0%

FAS Asset Allocation

Type % Net % Long % Short
Cash -205.2% 97.38% 302.5%
Stock 305.2% 305.2% 0.00%
Bond 0.00% 0.00% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 0.00% 0.00% 0.00%
As of May 31, 2015

FAS Region Exposure

Americas 99.11%
North America 99.03%
Latin America 0.08%
Greater Europe 0.89%
United Kingdom 0.69%
Europe Developed 0.89%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of May 31, 2015
Region breakdown data is calculated by using the long position holdings of the portfolio.

FAS Stock Sector Exposure

Basic Materials 0.00%
Communication Services 0.00%
Consumer Cyclical 0.00%
Consumer Defensive 0.00%
Energy 0.00%
Financial Services 0.00%
Healthcare 0.00%
Industrials 0.00%
Real Estate 0.00%
Technology 0.00%
Utilities 0.00%
As of May 31, 2015

FAS Stock Market Capitalization

Giant --
Large --
Medium --
Small --
Micro --
As of May 31, 2015
View More Holdings

FAS Top 10 Holdings

Name % Weight Price % Chg
Russ 1000 Finan Indx Swap 84.62% -- --
Russ 1000 Finan Indx Swap 51.89% -- --
Russ 1000 Finan Indx Swap 46.29% -- --
Russ 1000 Finan Indx Swap 45.08% -- --
Russ 1000 Finan Indx Swap 30.35% -- --
Russ 1000 Finan Indx Swap 21.85% -- --
Russ 1000 Finan Indx Swap 16.96% -- --
Wells Fargo & Co 0.54% 56.74 -0.30%
Berkshire Hathaway Inc Class B 0.52% 137.39 -0.09%
JPMorgan Chase & Co 0.50% 67.52 -0.81%
As of May 31, 2015
Advertisement

FAS Basic Info

Style
Equity Style Large Cap/Blend
Broad Asset Class Alternative
Broad Category Alternative
Prospectus Objective Specialty - Financial
Fund Owner Firm Name Direxion Funds
Benchmark Index
Russell 1000/Financial Services TR USD 300.0%

FAS Manager Info

Name Tenure
Paul Brigandi 6.40 yrs

FAS Risk Info

Beta 3.631
Max Drawdown (All) 94.80%
Historical Sharpe (10y) --
Historical Sortino (All) 0.56
30-Day Rolling Volatility 37.58%
Daily Value at Risk (VaR) 1% (All) 18.00%
Monthly Value at Risk (VaR) 1% (All) 56.52%

FAS Fundamentals

Dividend Yield TTM (7-2-15) 0.00%
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield 2.24%
Forecasted PE Ratio 15.82
Forecasted Price to Sales Ratio 2.474
Forecasted Price to Book Ratio 1.448
Number of Holdings 253
As of May 31, 2015

FAS Growth Estimates

Forecasted 5 Yr Earnings Growth 9.35%
Forecasted Book Value Growth 5.30%
Forecasted Cash Flow Growth -30.79%
Forecasted Earnings Growth 9.83%
Forecasted Revenue Growth 1.08%
As of May 31, 2015

FAS Performance

  Returns Total Returns
1M -0.19% -0.19%
3M 4.29% 4.29%
6M 1.05% 1.05%
1Y 26.71% 26.71%
3Y 324.1% 324.1%
5Y 325.3% 325.3%
As of July 2, 2015

FAS Net Flows

1M 106.61M
3M -130.96M
6M -109.62M
YTD -109.62M
1Y -225.63M
3Y -1.822B
5Y -2.766B
As of June 30, 2015

FAS Attributes

Key Dates
Inception Date 11/6/2008
Last Annual Report Date 10/31/2014
Last Prospectus Date 2/27/2015
Attributes
Exchange Traded Share Yes
Exchange Traded Note No
Enhanced Index Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund Yes
Has Dividend Investment Plan No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Advertisement

You've hit the 10 page limit on YCharts.

Experience the power of YCharts.
Start your Free 7-Day Trial.

Start My Free Trial No credit card required.

Already a subscriber? Sign in.

{{root.upsell.info.feature_headline}}.

{{root.upsell.info.feature_description}}
Start your free 7-Day Trial.

{{root.upsell.info.button_text}} No credit card required.

Already a subscriber? Sign in.