Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
FAS
Upturn stock ratingUpturn stock rating

Direxion Daily Financial Bull 3X Shares (FAS)

Upturn stock ratingUpturn stock rating
$180.01
Last Close (24-hour delay)
Profit since last BUY1.59%
upturn advisory
Consider higher Upturn Star rating
BUY since 4 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/29/2025: FAS (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit 99.98%
Avg. Invested days 50
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/29/2025

Key Highlights

Volume (30-day avg) -
Beta 2.99
52 Weeks Range 92.36 - 188.10
Updated Date 06/29/2025
52 Weeks Range 92.36 - 188.10
Updated Date 06/29/2025

ai summary icon Upturn AI SWOT

Direxion Daily Financial Bull 3X Shares

stock logo

ETF Overview

overview logo Overview

The Direxion Daily Financial Bull 3X Shares (FAS) seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Russell 1000 Financial Services Index. It provides leveraged exposure to the financial sector, focusing on companies providing financial services.

reliability logo Reputation and Reliability

Direxion is a well-known provider of leveraged and inverse ETFs. They have a proven track record in managing such products, though leveraged ETFs are inherently riskier.

reliability logo Management Expertise

Direxion's management team has experience in managing various ETFs, including leveraged and inverse funds. Their expertise lies in replicating the target index's daily performance with leverage.

Investment Objective

overview logo Goal

To seek daily investment results, before fees and expenses, of 300% of the daily performance of the Russell 1000 Financial Services Index.

Investment Approach and Strategy

Strategy: This ETF aims to provide 3x leveraged exposure to the daily performance of the Russell 1000 Financial Services Index.

Composition The ETF's assets primarily consist of financial instruments designed to track the index's daily performance with 3x leverage, including derivatives such as swap agreements, futures contracts, and other financial instruments.

Market Position

Market Share: FAS's market share is influenced by investor demand for leveraged financial sector exposure.

Total Net Assets (AUM): 409000000

Competitors

overview logo Key Competitors

  • ProShares UltraPro Financials (FINU)
  • MicroSectors U.S. Big Banks Index 3X Leveraged ETN (BNKU)

Competitive Landscape

The competitive landscape includes other leveraged financial sector ETFs and ETNs. FAS differentiates itself through its specific index tracking and leverage factor. Advantages include potential for higher returns in a rapidly rising financial sector market. Disadvantages include amplified losses in a declining market and the effects of compounding, which can cause significant deviation from the index performance over longer periods.

Financial Performance

Historical Performance: Historical performance is highly volatile due to the 3x leverage. Past performance is not indicative of future results, and significant gains or losses are possible.

Benchmark Comparison: Performance should be compared to a hypothetical investment that provides 3x leverage to the Russell 1000 Financial Services Index's daily performance. Due to the daily reset, the ETF's longer-term performance can deviate significantly from 3x the index's overall return.

Expense Ratio: 0.91

Liquidity

Average Trading Volume

The average trading volume of FAS is high, indicating good liquidity.

Bid-Ask Spread

The bid-ask spread is generally tight, reflecting its high trading volume and liquidity.

Market Dynamics

Market Environment Factors

Economic indicators such as interest rates, inflation, and overall market sentiment significantly impact FAS's performance. Sector growth prospects, particularly in the financial industry, also play a crucial role.

Growth Trajectory

FAS's growth is tied to the performance of the financial sector and investor appetite for leveraged products. Changes to strategy and holdings are infrequent as the ETF aims to track the index daily.

Moat and Competitive Advantages

Competitive Edge

FAS's competitive advantage lies in its 3x leveraged exposure to the Russell 1000 Financial Services Index, offering investors a tool for aggressive short-term bets on the financial sector. Its high trading volume and tight bid-ask spread also enhance its attractiveness. However, its leveraged nature increases risk compared to unleveraged ETFs. Its daily reset mechanism is its unique selling point that offers a very short-term and precise investment approach to the financial sector.

Risk Analysis

Volatility

FAS is highly volatile due to its 3x leverage. Investors should expect significant fluctuations in value.

Market Risk

FAS is subject to market risk associated with the financial sector, including interest rate risk, credit risk, and regulatory changes.

Investor Profile

Ideal Investor Profile

FAS is suitable for sophisticated investors with a high-risk tolerance who seek short-term, leveraged exposure to the financial sector. It is not intended for buy-and-hold investors.

Market Risk

FAS is best suited for active traders with a short-term investment horizon. It is not appropriate for long-term investors or passive index followers.

Summary

The Direxion Daily Financial Bull 3X Shares (FAS) provides 3x leveraged exposure to the daily performance of the Russell 1000 Financial Services Index. This makes it a tool for short-term, tactical bets on the financial sector. Due to the daily reset, FAS is not suitable for long-term investors and should only be considered by experienced traders who understand the risks of leveraged ETFs. Its high volatility and potential for significant losses make it a high-risk, high-reward investment option. The long term value may deviate significantly from the index due to the effect of compounding.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • DirexionShares.com
  • ETF.com
  • Yahoo Finance

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Leveraged ETFs are inherently risky and may not be suitable for all investors. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Direxion Daily Financial Bull 3X Shares

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

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. It is non-diversified.