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Direxion Daily Financial Bull 3X Shares

etf
FAS
Dividend policy
Active
Price as of:
$54.19 -0.67 0%
primary theme
Leveraged Equity
FAS (ETF)

Direxion Daily Financial Bull 3X Shares

Dividend policy
Active
Price as of:
$54.19 -0.67 0%
primary theme
Leveraged Equity
FAS (ETF)
Direxion Daily Financial Bull 3X Shares
Dividend policy
Active
Price as of:
$54.19 -0.67 0%
primary theme
Leveraged Equity

FAS - Snapshot

Vitals

  • YTD Return -42.7%
  • 3 Yr Annualized Return -16.9%
  • 5 Yr Annualized Return 2.7%
  • Net Assets $1.34 B
  • Holdings in Top 10 64.3%

52 WEEK LOW AND HIGH

$54.86
$15.00
$107.04

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.25%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 29.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Leveraged Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Trading--Leveraged Equity

Compare FAS to Popular Leveraged Equity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$53.13

+1.05%

$23.19 M

4.31%

$2.27

blocked
blocked
blocked

40.54%

-

$13.65

-0.07%

$10.09 M

3.12%

$0.43

blocked
blocked
blocked

-58.98%

-

Compare FAS to Popular Leveraged Equity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$54.19

-1.22%

$1.34 B

0.57%

$0.31

blocked
blocked
blocked

-42.74%

-

$39.57

-0.75%

$426.68 M

0.93%

$0.37

blocked
blocked
blocked

-26.24%

-

$37.93

-3.07%

$342.25 M

7.50%

$2.93

blocked
blocked
blocked

3.78%

-

$15.00

-2.47%

$257.50 M

6.50%

$1.00

blocked
blocked
blocked

-14.29%

-

-

-

$194.61 M

-

$0.10

blocked
blocked
blocked

-70.81%

-

FAS - Profile

Distributions

  • YTD Total Return -42.7%
  • 3 Yr Annualized Total Return -16.9%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.04%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily Financial Bull 3X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Nov 06, 2008
  • Shares Outstanding
    39849289
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. It is non-diversified.


FAS - Performance

Return Ranking - Trailing

Period FAS Return Category Return Low Category Return High Rank in Category (%)
YTD -42.7% -79.2% 1585.5% 89.89%
1 Yr -58.1% -98.2% 340.9% 86.96%
3 Yr -16.9%* -87.4% 39.2% 83.04%
5 Yr 2.7%* -76.3% 58.0% 69.94%
10 Yr 14.1%* -39.7% 45.7% 42.65%

* Annualized

Return Ranking - Calendar

Period FAS Return Category Return Low Category Return High Rank in Category (%)
2019 111.4% -58.1% 806.3% 5.36%
2018 -34.5% -78.0% 36.9% 76.47%
2017 67.2% -70.1% 314.9% 19.51%
2016 40.7% -82.0% 1431.2% 18.01%
2015 -77.1% -83.3% 117.6% 98.08%

Total Return Ranking - Trailing

Period FAS Return Category Return Low Category Return High Rank in Category (%)
YTD -42.7% -97.4% 270.0% 85.96%
1 Yr -58.1% -98.2% 340.9% 86.96%
3 Yr -16.9%* -87.4% 39.2% 83.04%
5 Yr 2.7%* -76.3% 58.0% 69.94%
10 Yr 14.1%* -39.7% 45.7% 42.65%

* Annualized

Total Return Ranking - Calendar

Period FAS Return Category Return Low Category Return High Rank in Category (%)
2019 111.4% -58.1% 229.8% 4.17%
2018 -34.5% -74.3% 36.9% 81.18%
2017 67.2% -40.2% 263.7% 21.95%
2016 40.7% -62.9% 167.0% 17.39%
2015 -8.5% -86.8% 78.8% 61.54%

FAS - Holdings

Concentration Analysis

FAS Category Low Category High FAS % Rank
Net Assets 1.34 B 445 K 7.92 B 3.16%
Number of Holdings 150 6 2036 23.49%
Net Assets in Top 10 751 M 10 20 B 7.83%
Weighting of Top 10 64.29% 11.8% 100.0% 44.14%

Top 10 Holdings

  1. Berkshire Hathaway Inc Class B 9.79%
  2. JPMorgan Chase & Co 7.51%
  3. Russ 1000 Finan Indx Swap 5.33%
  4. Russ 1000 Finan Indx Swap 5.33%
  5. Russ 1000 Finan Indx Swap 5.33%
  6. Russ 1000 Finan Indx Swap 5.33%
  7. Russ 1000 Finan Indx Swap 5.33%
  8. Russ 1000 Finan Indx Swap 5.33%
  9. Russ 1000 Finan Indx Swap 5.33%
  10. Russ 1000 Finan Indx Swap 5.33%

Asset Allocation

Weighting Return Low Return High FAS % Rank
Stocks
76.20% -7.43% 300.12% 50.60%
Cash
22.25% -200.12% 96.68% 39.16%
Other
1.55% -2.82% 182.99% 18.07%
Preferred Stocks
0.00% 0.00% 0.01% 24.70%
Convertible Bonds
0.00% 0.00% 18.86% 56.02%
Bonds
0.00% 0.00% 41.01% 34.94%

Stock Sector Breakdown

Weighting Return Low Return High FAS % Rank
Financial Services
97.54% 0.00% 100.00% 3.73%
Industrials
1.09% 0.00% 100.00% 57.46%
Real Estate
0.84% 0.00% 100.00% 27.61%
Technology
0.53% 0.00% 100.00% 63.43%
Utilities
0.00% 0.00% 100.00% 55.22%
Healthcare
0.00% 0.00% 100.00% 70.90%
Energy
0.00% 0.00% 100.00% 59.70%
Communication Services
0.00% 0.00% 100.00% 73.13%
Consumer Defense
0.00% 0.00% 64.77% 63.43%
Consumer Cyclical
0.00% 0.00% 92.71% 68.66%
Basic Materials
0.00% 0.00% 100.00% 66.42%

Stock Geographic Breakdown

Weighting Return Low Return High FAS % Rank
US
73.89% -7.43% 300.12% 46.99%
Non US
2.31% 0.00% 194.19% 31.33%

FAS - Expenses

Operational Fees

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.25% 0.91% 9.92% 76.54%
Management Fee 0.75% 0.00% 0.95% 26.32%
12b-1 Fee 0.00% 0.00% 1.00% 11.28%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 368.00% 17.52%

FAS - Distributions

Dividend Yield Analysis

FAS Category Low Category High FAS % Rank
Dividend Yield 0.58% 0.00% 30.87% 14.21%

Dividend Distribution Analysis

FAS Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

FAS Category Low Category High FAS % Rank
Net Income Ratio 1.04% -2.08% 3.47% 14.20%

Capital Gain Distribution Analysis

FAS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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FAS - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Nov 06, 2008

11.99

12.0%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tony Ng


Start Date

Tenure

Tenure Rank

Sep 30, 2015

5.09

5.1%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 27.32 6.84 7.09

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