How much is a share of FAS stock?

One share of FAS stock can currently be purchased for approximately $116.57. How much money does Direxion Daily Financial Bull 3X Shares make? Direxion Daily Financial Bull 3X Shares has a market capitalization of $3.04 billion.

What does FAS stand for?

View the latest Direxion Daily Financial Bull 3x Shares (FAS) stock price and news, and other vital information for better exchange traded fund investing.

Is FAS a buy-and-hold ETF?

As a leveraged product, FAS is not a buy-and-hold ETF, it is a short-term tactical instrument. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. Over longer periods, returns can vary significantly from 3x exposure to its underlying index.

Is FAS a bullish leveraged EFT on the financial sector?

FAS bullish leveraged EFT on the financial sector FAS is one of the Direxion leveraged ETFs focused on the financial sector. As can be seen on the 15 minute the price action has had increasing volatility in the past month. Increasing volatility is the hallmark of the megaphone pattern ( a megaphone is a cone like hand held plastic device used