Direxion Daily Financial Bull 3x Shares
0
Funds holding %
of 6,809 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
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
19% more funds holding
Funds holding: 64 [Q2] → 76 (+12) [Q3]
3.74% less ownership
Funds ownership: 7.89% [Q2] → 4.15% (-3.74%) [Q3]
38% less capital invested
Capital invested by funds: $164M [Q2] → $101M (-$62.4M) [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
MarketBeat
3 weeks 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.
Positive
ETF Trends
2 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
Seeking Alpha
2 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.
Positive
Zacks Investment Research
3 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.
Positive
Zacks Investment Research
3 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.
Positive
ETF Trends
3 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).
Positive
ETF Trends
4 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.
Positive
Investors Business Daily
5 months ago
Rotation To Financial Stocks Missing This Element So Far
Rotations and reversals provide great opportunities. But you need follow-through strength in order to make money.
Positive
ETF Trends
7 months ago
Top Performing Leveraged/Inverse ETFs: 05/12/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Positive
Zacks Investment Research
9 months ago
A Guide to the 10 Most Popular Leveraged ETFs
We take a look at the 10 biggest and most popular ETFs for those investors who are new to the leveraged technique.
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