9-Sep-2026
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The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Financials Select Sector Index (the "Index"). The Index is provided by S&P Dow Jones Indices (the "Index Provider") and includes securities of companies from the following industries: financial services; insurance; banks; capital markets; mortgage real estate investment trusts ("REITs"); and consumer finance. The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 3X daily leveraged exposure to the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically leveraged investment results.
Direxion Daily Financial Bull 3X ETF trades on the ARCA stock market under the symbol FAS.
As of September 9, 2026, FAS stock price declined to $172.41 with 242,432 million shares trading.
FAS has a beta of 1.91, meaning it tends to be more sensitive to market movements. FAS has a correlation of 0.34 to the broad based SPY ETF.
FAS has a market cap of $2.21 billion. This is considered a Mid Cap stock.
In the last 3 years, FAS traded as high as $189.23 and as low as $48.73.
FAS has underperformed the market in the last year with a price return of +9.3% while the SPY ETF gained +18.7%. However, in the short term, FAS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +28.6% vs +3.4% return in SPY. But in the last 2 weeks, FAS shares have been beat by the market, returning -6.8% compared to an SPY return of -0.5%.
FAS support price is $171.27 and resistance is $178.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FAS shares will trade within this expected range on the day.
