FAS icon

Direxion Daily Financial Bull 3x Shares

138.78 USD
+0.46
0.33%
At close Apr 30, 4:00 PM EDT
Pre-market
138.80
+0.02
0.01%
1 day
0.33%
5 days
7.11%
1 month
-12.24%
3 months
-23.97%
6 months
-3.63%
Year to date
-7.28%
1 year
42.46%
5 years
372.84%
10 years
356.51%
0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

180% more call options, than puts

Call options by funds: $389M | Put options by funds: $139M

22% more capital invested

Capital invested by funds: $102M [Q3] → $124M (+$22.7M) [Q4]

0.77% more ownership

Funds ownership: 4.16% [Q3] → 4.93% (+0.77%) [Q4]

7% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 15

3% less funds holding

Funds holding: 77 [Q3] → 75 (-2) [Q4]

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

Research analyst outlook

We haven’t received any recent analyst ratings for FAS.

Financial journalist opinion

Positive
Seeking Alpha
2 weeks ago
Direxion Daily Financial Bull 3X: Not For Building Long-Term Investment Portfolios
Leveraged ETFs, like the Direxion Daily Financial Bull 3X ETF, are designed for day trading, not long-term investing, due to their daily reset mechanism. Holding leveraged ETFs beyond a single day can result in losses, even if the underlying index remains flat, due to the compounding effects of leverage. Leveraged ETFs are suitable for traders looking to hedge short-term positions or speculate on market movements, not for building long-term investment portfolios.
Direxion Daily Financial Bull 3X: Not For Building Long-Term Investment Portfolios
Positive
Zacks Investment Research
1 month ago
4 Best Leveraged ETFs of Last Week
Wall Street was moderately upbeat last week.
4 Best Leveraged ETFs of Last Week
Positive
Zacks Investment Research
2 months ago
5 Leveraged ETFs That Witnessed Double-Digit Gains in January
We highlight a bunch of the best-performing leveraged equity ETFs of January.
5 Leveraged ETFs That Witnessed Double-Digit Gains in January
Neutral
ETF Trends
3 months ago
Top Performing Leveraged/Inverse ETFs: 01/19/2025
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 01/19/2025
Positive
Zacks Investment Research
3 months ago
5 Best Leveraged ETFs of 2024
We highlight a bunch of the best-performing leveraged equity ETFs of 2024.
5 Best Leveraged ETFs of 2024
Positive
MarketBeat
5 months ago
Top 3 ETFs for Bullish Investors Post-Election
In the period following the U.S. presidential election of 2024, financial markets are preparing for a second Trump administration and, with it, the potential for a host of new financial policies, regulations, and other decisions likely to impact the economy. It remains early to predict the exact nature of these changes, but the market has generally moved upward since the date of the election, with the S&P 500 climbing about 3.2% since that day.
Top 3 ETFs for Bullish Investors Post-Election
Positive
ETF Trends
6 months ago
Positive Bank Earnings Can Push These ETFs Higher
The S&P 500 Financials sector is up about 25% this year and a spate of positive bank earnings can continue to push the sector higher. Additionally, it opens up opportunities in leveraged ETFs.
Positive Bank Earnings Can Push These ETFs Higher
Positive
Seeking Alpha
6 months ago
FAS: A Leveraged Bet On Large Capitalization US Financials
The Direxion Daily Financial Bull 3X Shares ETF tracks a concentrated index of US financials exhibiting a large capitalization tilt. FAS's top ten holdings trade at a forward P/E of 20.96 and have an upside potential of 5.64% over the next twelve months. I expect the underlying index to deliver a mid-single-digit return going forward, potentially resulting in a low double-digit gain for FAS investors after 300% leverage.
FAS: A Leveraged Bet On Large Capitalization US Financials
Positive
Zacks Investment Research
7 months ago
Here's How to Go Long on Rate-Sensitive Sectors With ETFs
Investors could make a short-term bullish play on the rate-sensitive sectors as these spaces are likely to see huge gains in the wake of rate cuts.
Here's How to Go Long on Rate-Sensitive Sectors With ETFs
Positive
Zacks Investment Research
7 months ago
5 Leveraged ETFs With Double-Digit Gains in August
After witnessing steep sell-offs at the start of August, all three major indices end the month with double-digit gains.
5 Leveraged ETFs With Double-Digit Gains in August
Charts implemented using Lightweight Charts™