Direxion Daily Financial Bull 3X Shares (FAS)

Direxion Daily Financial Bull 3X Shares (FAS) is an exchange-traded fund in the Trading Leveraged Equity category. It has $2.18B in assets, an expense ratio of 0.88% and a 1.20% dividend yield. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes securities of companies from the following industries: financial services; insurance; banks; capital markets; mortgage real estate investment trusts; and consumer finance. It is non-diversified.