FASDirexion Daily Financial Bull 3X Shares

Take a bet17y track recordRanked #34 of 995 in this goal

Seeks daily investment results of 300% of the daily performance of the Index.

By Direxion Funds · Launched 2008

Annual Cost

0.88%

#4,802 of 6,040 · expensive

Fund Size

$2.4B

#716 of 6,040 · large

Return (1Y)

+1.0%

Track Record

17 years

#625 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,255-7.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Financials

Index tracked

S&P 500 Financials Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE

22.1%

Berkshire Hathaway Inc.

8.4%

JP MORGAN CHASE & COMPANY

8.2%

Visa Inc

5.4%

GOLDMAN SACHS LIQ ES FD A

4.7%

DREYFUS

4.2%

MasterCard Incorporated

4.0%

Bank of America Corp.

3.4%

GOLDMAN SACHS GROUP INC (THE)

2.7%

Wells Fargo & Co.

2.5%

Asset allocation

Other

73.1%

Stocks

21.8%

Cash

5.1%

By sector

Financial Services

98.1%

Technology

1.6%

Industrials

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

43.3%High

Year-on-year price swings

Max drawdown

-86.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.85Decent risk-adjusted returns

Sortino (3Y)

1.21Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 300% of the daily performance of the Index.
Strategy: Invests at least 80% of net assets in financial instruments and securities of the Index to provide 3X daily leveraged exposure. The Fund is concentrated in the financials sector and uses swap and futures agreements to achieve its investment objective.
Inception date: November 6, 2008
Fund family: Direxion Funds