DirexionLeveraged#74 of 232 by YTD

Direxion Daily Financial Bull 3X ETFFAS

1D 1M 3M YTD 1Y 3Y 5Y MAX

Compare

$168.67−1.9%

−$3.22 · Nov 6 close

Buy

AUM: $2.1B
Fee: 0.92%
Yield: 8.7%

Bumpy · 1Y: 3.3×S&P
Volume: 387K
NAV: $172

52-week range14% below the high

$107$196

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−1.9%	+14.8%	−6.4%	+1.7%	+13.8%	+247.6%	+34.8%	+498.5%
Peer average	+1.8%	−10.0%	−22.2%	+2.2%	+8.8%	+134.2%	−3.1%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

FAS in One Breath

FAS Among An Index ETFs

YTD

#1WTIUREX Microsectors+111.8%$30.4M

#2OILUREX Microsectors+89.9%$65.6M

#3CUREDirexion+50.3%$200M

#4LABUDirexion+40.4%$516M

#5PILLDirexion+23.7%$13.0M

#6DPSTDirexion+20.8%$300M

#7DRNDirexion+20.6%$38.6M

#8TNADirexion+18.2%$1.2B

#20FASDirexion+1.7%$2.1B

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

$10,000 in FAS

$10,000 in FAS became

$13,483

In the S&P 500 (VOO)

$17,177

Total return, dividends in · Oct 29, 2021 – Nov 6, 2026 · S&P 500 uses VOO

FAS Returns by Period

Today

YTD

MAX

FAS

−1.9%

+14.8%

−6.4%

+1.7%

+13.8%

+247.6%

+34.8%

+498.5%

Peer average

+1.8%

−10.0%

−22.2%

+2.2%

+8.8%

+134.2%

−3.1%

—

S&P 500 · VOO

+0.3%

−5.0%

−4.6%

+8.7%

+9.8%

+80.8%

+71.8%

—

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

FAS’s Leveraged Rank

YTD

#74of 232
leveraged ETFs

Best · ZSL+571.3%

FAS+1.7%

Average−9.9%

Worst · CRCD−91.8%

Leveraged ETFs by YTD return · Nov 9, 2026

FAS Price and 52-Week Range

From the 52-week high

−13.8%

From the 52-week low

+57.8%

Today $163.80 – $173.37

Previous close $171.89

$168.67 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

1.8%

of the $120B in 404 An index ETFs

FAS$2.1B1.8%

TQQQ$29.1B24.1%

SOXL$13.6B11.3%

401 others$75.7B62.8%

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

YTD


TQQQ	ProSharesRead Desk	0.94%	−0.3%	−7.0%	$29.1B
SOXL	DirexionRead Desk	0.91%	+9.5%	−1.8%	$13.6B
SPXL	DirexionRead Desk	0.95%	+12.5%	+13.1%	$5.9B
UPRO	ProSharesRead Desk	0.88%	+12.1%	+12.7%	$4.9B
TECL	DirexionRead Desk	0.94%	+10.9%	−0.4%	$3.6B
FAS	DirexionThis fundRead Desk	0.92%	+1.7%	+13.8%	$2.1B

An index peers · YTD and past-year returns · as of Nov 9, 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

−0.3%

+1.7%

FAS wins+2.0 pts

Past year

−7.0%

+13.8%

FAS wins+20.8 pts

Fee

0.94%

0.92%

FAS winslower fee

Yield

0.9%

8.7%

FAS wins+7.7 pts

AUM

$29.1B

$2.1B

TQQQ13.6× more

4–0FAS wins

ProShares TQQQ and Direxion FAS · year-to-date · as of Nov 9, 2026 · AUM not scored

FAS vs VOO

YTD

FAS · Direxion Daily Financial Bull 3X

+1.7%

VOO · S&P 500

+8.7%

Gap

7.0 pts

Direxion FAS and Vanguard VOO · YTD total return · as of Nov 9, 2026

FAS vs Its Peer Average

YTD

FASAvsBPeer average

1D−1.9%+1.8%

1M+14.8%−10.0%

3M−6.4%−22.2%

YTD+1.7%+2.2%

1Y+13.8%+8.8%

3Y+247.6%+134.2%

5Y+34.8%−3.1%

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 · 1Y13.6%

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−10.0%

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

Direxion FAS · fall from the highest close, past year

FAS

On a Bad Day

1.8×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#1 of 7 index funds

#1FASDirexion · 3×

most for the bumps

#2SPXLDirexion · 3×

#3UPROProShares · 3×

#4SOXLDirexion · 3×

lost money

#5TECLDirexion · 3×

lost money

#6TQQQProShares · 3×

lost money

#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

45.0%annual volatility

S&P 500 volatility13.6%

Downside volatility31.4%

Beta vs SPY1.77

Correlation vs SPY0.53

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−10.0%

Worst day−9.87% · Feb 23

Closing prices, dividends in

FAS

Up / Down Capture

185%down capture vs SPY

Down days

185%

Up days

194%

S&P 500

100%

Up ÷ down capture1.05

Up days52.8% (S&P 52.0%)

Average daily move on SPY up days and down days

FAS

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
FAS 3×	0.28	0.41	45.0%	−40.9%	1.77	$92
SPXL 3×	0.16	0.21	40.6%	−26.8%	2.99	$95
UPRO 3×	0.14	0.20	40.6%	−26.8%	2.99	$88
SOXL 3×	−0.06	−0.09	145.5%	−86.4%	7.98	$91
TECL 3×	−0.13	−0.18	84.9%	−54.3%	5.36	$94
TQQQ 3×	−0.23	−0.32	63.1%	−41.9%	4.32	$94
TMF 3×	−0.97	−1.31	28.1%	−38.0%	0.52	$101

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

FAS

Trading

Today

−2.01%below its holdings’ value

Close$168.67

NAV$172.13

Fee per $10,000$92 a year

Avg. volume 30D463K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

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 9, 2026

FAS

Payouts by Year

10Y

$1.00per share, Sep 2026

Distribution yield8.7%

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$172.13

Premium / discount[…]

Median spread · 30D[…]

Volume today387K

Average volume · 30D463K

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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