Direxion Daily Financial Bull 3X Shares FAS

Direxion Daily Financial Bull ETF is an investment fund that seeks daily investment results of 300% of the performance of the Russell 1000 Financial Services Index. It was first established in 2008 and is based out of the US, where it primarily operates.

Direxion Daily Financial Bull ETF is listed on the NYSE Arca exchange and can be found under the FAS ticker. In total, it has net assets of around $1.54bn, with the FAS fund posting a 52-week range of between $14.25-$108.13. It has a divided rate of $0.05.

The Direxion Daily Financial Bull ETF looks to daily investment results, before fees and expenses are included, of 300% of the daily performance of the Russell 1000 Financial Services index. Of this, around 80% of the net assets of the fund will be invested into financial instruments and securities of the Russell 1000 Financial Services Index, as well as other financial instruments that provide leveraged exposure to ETFs. It is a non-diversified ETF and measures the performance of the securities classified in the financial services sector of the US equity market. This gives the fund a focus on equities in banking, mortgage finance, consumer finance, various types of specialised finance, investment banking and brokerages, asset management companies, corporate lending, insurance, and real estate.

To keep track of all the latest news and price data on the Direxion Daily Financial Bull ETF stock, add the FAS ticker to your eToro watchlist.