DirexionLeveraged#76 of 232 by YTD

Direxion Daily Financial Bull 3X ETFFAS

S&P 500 Bucket avg Compare

$177.98+5.5%

+$9.31 · Nov 9 close

Buy

AUM: $2.1B
Fee: 0.92%
Yield: 8.2%

Bumpy · 1Y: 3.3×S&P
Volume: 291K
NAV: $169

52-week range9% below the high

$107$196

Returns	Today	1W	1M	3M	YTD	1Y	3Y	5Y	Max
Total return	+5.5%	+2.7%	+18.1%	−1.2%	+7.3%	+21.2%	+242.5%	+42.1%	+531.6%
Peer average	+8.3%	+0.9%	−4.9%	−16.3%	+10.3%	+20.3%	+141.5%	+4.0%	—
S&P 500 · VOO	+2.3%	+0.1%	−3.3%	−2.1%	+11.3%	+13.6%	+81.6%	+75.4%	—

FAS in One Breath

FAS Among An Index ETFs

YTD

#1WTIUREX Microsectors+116.2%$30.1M

#2OILUREX Microsectors+93.0%$65.7M

#3CUREDirexion+59.3%$200M

#4LABUDirexion+53.8%$567M

#5PILLDirexion+37.3%$14.4M

#6SOXLDirexion+33.8%$15.2B

#7TNADirexion+29.6%$1.2B

#8URTYProShares+29.4%$265M

#24FASDirexion+7.3%$2.1B

End-of-day Nov 9, 2026 · 40 An index ETFs by YTD

$10,000 in FAS

$10,000 in FAS became

$14,212

In the S&P 500 (VOO)

$17,543

Total return, dividends in · Nov 1, 2021 – Nov 9, 2026 · S&P 500 uses VOO

FAS Returns by Period

Today

YTD

MAX

FAS

+5.5%

+18.1%

−1.2%

+7.3%

+21.2%

+242.5%

+42.1%

+531.6%

Peer average

+8.3%

−4.9%

−16.3%

+10.3%

+20.3%

+141.5%

+4.0%

—

S&P 500 · VOO

+2.3%

−3.3%

−2.1%

+11.3%

+13.6%

+81.6%

+75.4%

—

End-of-day Nov 9, 2026 · total return, dividends in · peers = 48 An index ETFs

FAS’s Leveraged Rank

YTD

#76of 232
leveraged ETFs

Best · ZSL+535.8%

FAS+7.3%

Average−8.8%

Worst · CRCD−91.7%

Leveraged ETFs by YTD return · Nov 9, 2026

FAS Price and 52-Week Range

From the 52-week high

−9.1%

From the 52-week low

+66.5%

Today $169.55 – $178.45

Previous close $168.67

$177.98 now

52-week low$106.9152-week high$195.77

End-of-day Nov 9, 2026 · box = today’s range, dashed = previous close

FAS’s Share of An Index ETFs

Today

1.7%

of the $121B in 404 An index ETFs

FAS$2.1B1.7%

TQQQ$29.1B23.9%

SOXL$15.2B12.5%

401 others$75.1B61.8%

An index ETF AUM · Nov 9, 2026

FAS Fee per $100 vs Peers

Today

$0.92a year
per $100

$92 a year on $10,000

UPRO$0.88

SOXL$0.91

FAS$0.92

TQQQ$0.94

TECL$0.94

SPXL$0.95

Expense ratio · An index peers · Nov 9, 2026

Inside FAS

84 holdings

FAS

Direxion Daily Financial Bull 3X ETF

Today

FAS gets its 3× exposure through swaps and futures, so a list of holdings would not show what you own: […]

Direxion FAS · holdings

How It Compares

FAS

Direxion Daily Financial Bull 3X ETF’s Peers

Today


TQQQ	ProSharesRead Desk	0.94%	+10.2%	+8.5%	$29.1B
SOXL	DirexionRead Desk	0.91%	+22.3%	+30.8%	$15.2B
SPXL	DirexionRead Desk	0.95%	+7.0%	+25.1%	$5.9B
UPRO	ProSharesRead Desk	0.88%	+7.0%	+24.5%	$4.9B
TECL	DirexionRead Desk	0.94%	+11.1%	+17.5%	$3.7B
FAS	DirexionThis fundRead Desk	0.92%	+5.5%	+21.2%	$2.1B

An index peers · Today’s and past-year returns · as of Nov 10, 2026 · sorted by AUM

Head to Head

Put FAS head to head with TQQQ →

TQQQ vs FAS

YTD

TQQQProShares · An indexFASDirexion · An index

Year to date

+9.9%

+7.3%

TQQQ wins+2.6 pts

Past year

+8.5%

+21.2%

FAS wins+12.6 pts

Fee

0.94%

0.92%

FAS winslower fee

Yield

0.8%

8.2%

FAS wins+7.4 pts

AUM

$29.1B

$2.1B

TQQQ14.0× more

3–1FAS wins

ProShares TQQQ and Direxion FAS · year-to-date · as of Nov 10, 2026 · AUM not scored

FAS vs VOO

YTD

FAS · Direxion Daily Financial Bull 3X

+7.3%

VOO · S&P 500

+11.3%

Gap

4.0 pts

Direxion FAS and Vanguard VOO · Today total return · as of Nov 10, 2026

FAS vs Its Peer Average

YTD

FASAvsBPeer average

1D+5.5%+8.3%

1M+18.1%−4.9%

3M−1.2%−16.3%

YTD+7.3%+10.3%

1Y+21.2%+20.3%

3Y+242.5%+141.5%

5Y+42.1%+4.0%

5–2FAS wins

48 An index peers · each row scaled to its leader

How Bumpy Is FAS?

View

FAS

How Bumpy

3.3×the S&P 500’s swings

CalmerBumpierS&P 1×FAS

S&P 500 swings · 1Y13.7%

Direxion FAS · daily swings over the past year vs the S&P 500

FAS

Worst Drop

−40.9%from its Jan 6 high

Still below the high−5.0%

$10,000 at the high is now$9,500

Direxion FAS · fall from the highest close, past year

FAS

On a Bad Day

1.9×the S&P 500’s fall

FAS’s worst day: Monday, Feb 23

FAS

−9.9%

S&P 500

−1.0%

Up days53 of every 100

S&P 500 up days52 of every 100

Direxion FAS · average move on days the S&P 500 fell

FAS

Return for the Bumps

1Y#3 of 7 index funds

#1SPXLDirexion · 3×

most for the bumps

#2UPROProShares · 3×

#3FASDirexion · 3×

#4SOXLDirexion · 3×

#5TECLDirexion · 3×

#6TQQQProShares · 3×

#7TMFDirexion · 3×

lost money

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

FAS

Cost

Today

$92a year per $10,000

UPRO

$88

SOXL

$91

FAS

$92

TQQQ

$94

TECL

$94

SPXL

$95

TMF

$101

Expense ratio 0.92%, taken from the fund’s value

FAS

Volatility & Beta

45.3%annual volatility

S&P 500 volatility13.7%

Downside volatility31.4%

Beta vs SPY1.81

Correlation vs SPY0.55

Beta rank, lowest first, of 7#2

Daily total returns × √252 · past 254 trading days

FAS

Max Drawdown

−40.9%peak to trough

Peak closeJan 6, 2026

Current drawdown−5.0%

Worst day−9.87% · Feb 23

Closing prices, dividends in

FAS

Up / Down Capture

190%down capture vs SPY

Down days

190%

Up days

195%

S&P 500

100%

Up ÷ down capture1.03

Up days52.8% (S&P 52.4%)

Average daily move on SPY up days and down days

FAS

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
SPXL 3×	0.45	0.63	41.1%	−26.8%	2.99	$95
UPRO 3×	0.43	0.61	41.0%	−26.8%	2.99	$88
FAS 3×	0.38	0.55	45.3%	−40.9%	1.81	$92
SOXL 3×	0.19	0.26	146.6%	−86.4%	8.00	$91
TECL 3×	0.09	0.13	85.2%	−54.3%	5.33	$94
TQQQ 3×	0.01	0.01	63.6%	−41.9%	4.32	$94
TMF 3×	−0.99	−1.33	28.1%	−38.0%	0.52	$101

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

FAS

Trading

Today

+5.58%above its holdings’ value

Close$177.98

NAV$168.58

Fee per $10,000$92 a year

Avg. volume 30D461K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 9

The Details

FAS

Fund Facts

Today

2008launched Nov 6

Tracks[…]

Exchange · CUSIPAMEX · 25459Y694

StructureETF

Leverage3x

Cost on $10,000$92 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Direxion FAS · fund facts · as of Nov 10, 2026

FAS

Payouts by Year

10Y

$1.00per share, Sep 2026

Distribution yield8.2%

PaidEvery quarter

Latest ex-date · paidSep 22 · Sep 29, 2026

12 payouts added up$17.10 a share

Direxion FAS · distributions by ex-date · 2017–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-10-31 ↗SEC reported portfolio · 2025-07-31 ↗SEC reported portfolio · 2025-04-30 ↗

Trading & Liquidity

Net asset value$168.58

Premium / discount[…]

Median spread · 30D[…]

Volume today291K

Average volume · 30D461K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.92%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$92.00

Our risk indicator5/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 22, 2026	Sep 29, 2026	$1.00
Jun 23, 2026	Jun 30, 2026	$0.53
Mar 24, 2026	Mar 31, 2026	$0.60
Dec 23, 2025	Dec 31, 2025	$0.39
Dec 10, 2025	Dec 17, 2025	$12.09
Sep 23, 2025	Sep 30, 2025	$0.39
Jun 24, 2025	Jul 1, 2025	$0.49
Mar 25, 2025	Apr 1, 2025	$0.46
Dec 23, 2024	Dec 31, 2024	$0.19
Sep 24, 2024	Oct 1, 2024	$0.32
Jun 25, 2024	Jul 2, 2024	$0.27
Mar 19, 2024	Mar 26, 2024	$0.36

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