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Rating
Sector Rating
Recommendation *
Avoid
Neutral
Fair
Quality
Rating Breakdown
Avg.
Relative Strength
The relative strength of a dividend stock indicates whether the stock is uptrending or not. The major determining factor in this rating is whether the stock is trading close to its 52-week-high.
Overall Yield Attractiveness
If a stock’s yield is above or near the market average then it will be rated higher within this parameter. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors.
Dividend Reliability
A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.
Dividend Uptrend
A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase.
Earnings Growth
A stock’s Earnings Growth rating evaluates a company’s expected EPS for the current financial year and compares it to next financial year’s expected EPS. Stocks with single-digit growth estimates will have a higher rating than others, as our research has shown that well-established dividend-paying companies have modest earnings growth estimates.
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Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Direxion Daily Financial Bull 3X Shares

FAS | ETF

$72.13

$2.36 B

1.81%

$1.30

0.92%

Vitals

YTD Return

-44.3%

1 yr return

-43.4%

3 Yr Avg Return

-7.4%

5 Yr Avg Return

2.0%

Net Assets

$2.36 B

Holdings in Top 10

58.8%

52 WEEK LOW AND HIGH

$71.0
$53.30
$152.77

Expenses

OPERATING FEES

Expense Ratio 0.92%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Direxion Daily Financial Bull 3X Shares

FAS | ETF

$72.13

$2.36 B

1.81%

$1.30

0.92%

FAS - Profile

Distributions

  • YTD Total Return -44.3%
  • 3 Yr Annualized Total Return -7.4%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.56%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily Financial Bull 3X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Nov 06, 2008
  • Shares Outstanding
    26149289
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

FAS - Performance

Return Ranking - Trailing

Period FAS Return Category Return Low Category Return High Rank in Category (%)
YTD -44.3% -53.1% 1035.8% 98.94%
1 Yr -43.4% -66.7% 724.5% 90.96%
3 Yr -7.4%* -63.9% 42.0% 81.10%
5 Yr 2.0%* -56.0% 17.5% 44.87%
10 Yr 22.5%* -44.4% 37.7% 8.27%

* Annualized

Return Ranking - Calendar

Period FAS Return Category Return Low Category Return High Rank in Category (%)
2022 116.6% -91.0% 202.7% 2.40%
2021 -19.4% -100.0% 63.8% 90.48%
2020 28.7% -70.3% 68.6% 3.64%
2019 -9.8% -63.8% 35.0% 92.55%
2018 10.9% -23.8% 19.5% 1.94%

Total Return Ranking - Trailing

Period FAS Return Category Return Low Category Return High Rank in Category (%)
YTD -44.3% -86.2% 1035.8% 95.77%
1 Yr -43.4% -66.7% 724.5% 90.96%
3 Yr -7.4%* -63.9% 42.0% 81.10%
5 Yr 2.0%* -56.0% 17.5% 44.87%
10 Yr 22.5%* -44.4% 37.7% 8.27%

* Annualized

Total Return Ranking - Calendar

Period FAS Return Category Return Low Category Return High Rank in Category (%)
2022 116.6% -91.0% 202.7% 2.40%
2021 -19.4% -100.0% 63.8% 90.48%
2020 28.7% -70.3% 68.6% 3.64%
2019 -9.8% -63.8% 35.0% 92.55%
2018 10.9% -23.8% 32.1% 1.94%

FAS - Holdings

Concentration Analysis

FAS Category Low Category High FAS % Rank
Net Assets 2.36 B 431 K 13.8 B 4.15%
Number of Holdings 146 2 2041 27.53%
Net Assets in Top 10 1.04 B 3.61 K 28.4 B 7.87%
Weighting of Top 10 58.83% 14.2% 100.0% 50.00%

Top 10 Holdings

  1. Russ 1000 Finan Indx Swap 32.47%
  2. Russ 1000 Finan Indx Swap 31.71%
  3. Russ 1000 Finan Indx Swap 31.71%
  4. Russ 1000 Finan Indx Swap 31.71%
  5. Russ 1000 Finan Indx Swap 31.71%
  6. Russ 1000 Finan Indx Swap 31.71%
  7. Russ 1000 Finan Indx Swap 31.71%
  8. Russ 1000 Finan Indx Swap 31.71%
  9. Russ 1000 Finan Indx Swap 31.71%
  10. Russ 1000 Finan Indx Swap 31.71%

Asset Allocation

Weighting Return Low Return High FAS % Rank
Stocks 		61.90% -10.88% 300.00% 75.84%
Cash 		44.03% -217.86% 1070.64% 20.22%
Preferred Stocks 		0.00% 0.00% 5.99% 6.18%
Convertible Bonds 		0.00% 0.00% 0.32% 12.36%
Bonds 		0.00% 0.00% 17.08% 13.48%
Other 		-5.94% -970.62% 246.44% 92.13%

Stock Sector Breakdown

Weighting Return Low Return High FAS % Rank
Financial Services 		98.89% 0.00% 100.00% 3.65%
Real Estate 		0.69% 0.00% 100.00% 35.77%
Technology 		0.42% 0.00% 100.00% 68.61%
Utilities 		0.00% 0.00% 100.00% 45.99%
Industrials 		0.00% 0.00% 100.00% 67.15%
Healthcare 		0.00% 0.00% 100.00% 67.15%
Energy 		0.00% 0.00% 100.00% 52.55%
Communication Services 		0.00% 0.00% 100.00% 70.07%
Consumer Defense 		0.00% 0.00% 52.46% 56.93%
Consumer Cyclical 		0.00% 0.00% 94.15% 65.69%
Basic Materials 		0.00% 0.00% 100.00% 54.74%

Stock Geographic Breakdown

Weighting Return Low Return High FAS % Rank
US 		59.99% -30.65% 298.07% 69.10%
Non US 		1.91% 0.00% 200.29% 31.46%

FAS - Expenses

Operational Fees

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.45% 2.82% 96.30%
Management Fee 0.75% 0.00% 0.95% 5.15%
12b-1 Fee 0.00% 0.00% 1.00% 2.17%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 266.00% 26.42%

FAS - Distributions

Dividend Yield Analysis

FAS Category Low Category High FAS % Rank
Dividend Yield 1.81% 0.00% 24.60% 7.73%

Dividend Distribution Analysis

FAS Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

FAS Category Low Category High FAS % Rank
Net Income Ratio 0.56% -2.77% 6.66% 7.78%

Capital Gain Distribution Analysis

FAS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FAS - Fund Manager Analysis

Managers

Paul Brigandi

Start Date

Tenure

Tenure Rank

Nov 06, 2008

13.57

13.6%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tony Ng

Start Date

Tenure

Tenure Rank

Sep 30, 2015

6.67

6.7%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.79 28.9 9.76 8.67

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