FAS icon

Direxion Daily Financial Bull 3x Shares

175.51 USD
-1.64
0.93%
At close Feb 4, 4:00 PM EST
After hours
175.21
-0.30
0.17%
1 day
-0.93%
5 days
-0.56%
1 month
15.94%
3 months
29.04%
6 months
80.29%
Year to date
17.26%
1 year
97.76%
5 years
78.09%
10 years
505.83%
0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

206% more call options, than puts

Call options by funds: $311M | Put options by funds: $102M

108% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 12

18% more funds holding

Funds holding: 65 [Q2] → 77 (+12) [Q3]

3.73% less ownership

Funds ownership: 7.9% [Q2] → 4.17% (-3.73%) [Q3]

38% less capital invested

Capital invested by funds: $164M [Q2] → $102M (-$62.2M) [Q3]

39% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 18

Research analyst outlook

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

Financial journalist opinion

Positive
Zacks Investment Research
9 hours 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
1 week 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
1 month 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
2 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
3 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
3 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
4 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
5 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
Positive
ETF Trends
5 months ago
Looming Rate Cuts Could Push These ETFs Higher
Looming interest rate cuts could be a boon for financial sector exchange-traded funds (ETFs), including a pair of leveraged options from Direxion. In particular, the Direxion Daily Financial Bull 3X ETF (FAS) and the Direxion Daily Regional Banks Bull 3X Shares (DPST).
Looming Rate Cuts Could Push These ETFs Higher
Positive
ETF Trends
6 months ago
Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally
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