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Direxion Daily Financial Bull 3x Shares ETF
FAS performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 27, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +25.28% | -9.74% | -19.25% | +9.40% | +151.74% | +46.70% |
| Flows | -$15M | +$113M | +$185M | -$107M | -$1.42B | -$1.91B |
Characteristics
The Direxion Daily Financial Bull 3x Shares ETF is built to track the S&P Financials Select Sector Total Return Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Leveraged |
| Provider | Direxion |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 6, 2008 |
| ESG | No |
More data and info about FAS on Trackinsight
FAS's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +52.79% | +44.11% | +48.59% | +57.32% |
Max drawdown | -32.45% | -40.86% | -43.25% | -66.88% |
Max drawdown duration | 78d | 111d | 304d | 1007d |
Time to recover | N/A | N/A | 256d | 355d |
Replication quality
Data as of April 28, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is FAS?
FAS is a Passive ETF that provides exposure to Equity assets. It is managed by Direxion.
What index does FAS track?
FAS tracks the S&P Financials Select Sector Total Return Index - USD, aiming to replicate its performance through unfunded swap.
What does FAS invest in?
This ETF provides leveraged exposure (3x) to Large Cap US Financials Equities. It is part of the segment: Leveraged Equity.
What is the expense ratio of FAS?
The total expense ratio (TER) of FAS is 0.91%, representing the annual fee charged by the fund manager.
When was FAS launched?
FAS was launched on November 6, 2008, marking its entry into the ETF market.
Who is the issuer of FAS?
FAS is issued by Direxion.
What is the AUM of FAS?
As of April 27, 2026, FAS manages $2.16 B, reflecting the total assets held in the fund.
How has FAS performed recently?
As of April 27, 2026, FAS delivered a return of 25.28% over the past month (1M performance), -9.74% over the past three months (3M), and -19.25% year-to-date (YTD).
What are the recent fund flows for FAS?
As of April 27, 2026, FAS has seen net flows of -$15M in the past month (1M flow) and +$185M year-to-date (YTD).
Does FAS pay dividends?
As of April 27, 2026, FAS has a trailing 12-month distribution yield of 10.33%.
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