(FAS) Direxion Daily Financial - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25459Y6941 • Trading--Leveraged Equity
FAS: Banks, Thrifts, Financial Services, Insurance, REITs, Capital Markets
Direxion Daily Financial Bull 3X Shares (FAS) is a leveraged ETF designed to deliver three times the daily return of the Russell 1000 Financial Services Index. It achieves this through a combination of swap agreements, direct holdings of index securities, and ETFs tracking the same index. The fund is non-diversified, meaning it can take larger positions in individual securities, which can amplify both gains and losses.
The underlying index covers a broad swath of the financial sector, including Banks, Thrifts & Mortgage Finance, Diversified Financial Services, Consumer Finance, Capital Markets, Insurance, and Mortgage REITs. This exposure makes FAS particularly sensitive to macroeconomic trends, regulatory changes, and consumer behavior in finance. The fund is domiciled in the United States and managed by Direxion, a well-known issuer of leveraged ETFs.
With over $2.8 billion in assets under management, FAS is one of the larger and more liquid leveraged financial ETFs. However, leveraged funds like FAS are designed for short-term trading rather than long-term holding. The daily reset mechanism means returns over periods longer than a day can diverge significantly from expectations, especially in volatile markets. For sophisticated investors and fund managers, FAS can be a powerful tool for expressing strong views on the financial sector, but it requires careful monitoring and understanding of its risks.
For more details, visit the funds homepage: http://www.direxionfunds.com.
Additional Sources for FAS ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FAS ETF Overview
Market Cap in USD | 2,176m |
Category | Trading--Leveraged Equity |
TER | 0.94% |
IPO / Inception | 2008-11-06 |
FAS ETF Ratings
Growth 5y | 75.3% |
Fundamental | - |
Dividend | 47.7% |
Rel. Strength Industry | 30.5 |
Analysts | - |
Fair Price Momentum | 151.51 USD |
Fair Price DCF | - |
FAS Dividends
Dividend Yield 12m | 0.84% |
Yield on Cost 5y | 4.88% |
Annual Growth 5y | 31.97% |
Payout Consistency | 49.5% |
FAS Growth Ratios
Growth Correlation 3m | 25.5% |
Growth Correlation 12m | 89.9% |
Growth Correlation 5y | 50.7% |
CAGR 5y | 44.22% |
CAGR/Max DD 5y | 0.66 |
Sharpe Ratio 12m | 1.87 |
Alpha | 25.48 |
Beta | 2.27 |
Volatility | 78.04% |
Current Volume | 676.6k |
Average Volume 20d | 714.3k |
As of March 15, 2025, the stock is trading at USD 146.30 with a total of 676,608 shares traded.
Over the past week, the price has changed by -4.10%, over one month by -19.32%, over three months by -9.38% and over the past year by +44.40%.
Yes. Based on ValueRay Analyses, Direxion Daily Financial (NYSE ARCA:FAS) is currently (March 2025) a good stock to buy. It has a ValueRay Growth Rating of 75.29 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FAS as of March 2025 is 151.51. This means that FAS is currently overvalued and has a potential downside of 3.56%.
Direxion Daily Financial has no consensus analysts rating.
According to ValueRays Forecast Model, FAS Direxion Daily Financial will be worth about 181.8 in March 2026. The stock is currently trading at 146.30. This means that the stock has a potential upside of +24.27%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 181.8 | 24.3% |