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FAS
-2.64 · -1.60%
$161.65 · NYSE ARCA

Direxion Daily Financial Bull 3X Shares (FAS) ETF Analysis | Trading--Leveraged Equity

Direxion Funds · United States
AUM:$2.2B
#– of – in Trading--Leveraged Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 11.3% over the past year, indicating modest price weakness.

Cost Efficiency

Ongoing charge of 0.94% — above average for this category.

What is FAS?

The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes securities of companies from the following industries: financial services; insurance; banks; capital markets; mortgage real estate investment trusts; and consumer finance.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Negative 12-Month Return
FAS returned -11.3% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 0.94% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 39.9% of the ETF — a moderate level of name concentration.
ETF Information
AUM$2.2B
Expense Ratio0.94%
Dividend Yield8.97%
Holdings46
Inception DateNov 2008
DomicileUnited States
DistributionNA
Index–
ProviderDirexion Funds
Beta2.74
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+36.3%
1Y
+11.3%
3Y
+207.5%
5Y
+62.4%
OpenBook InsightIf you had invested £10,000 in FAS 5 years ago, it would have grown to £16,236 — a gain of £6,236.

Annual Returns

Calendar year performance

FAS delivered positive returns in 4 of the last 5 calendar years.
YearFAS
2026 YTD+8.3%
2025+22.5%
2024+82.9%
2023+13.6%
2022-44.8%
CAGR 4yr+8.9%
4/5 positive yearsAvg return: +16.5%Worst year: -44.8% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
32.0%
High
Momentum
+9.6%
30-day change
Support Level
172.89
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Monitor key support and resistance levels as part of broader risk assessment.
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