Company Name:: Direxion Daily Financial Bull 3X ETF
Benchmark Index: Russell 1000 Financial Services Index
Ticker Symbol: FAS
Types of Stocks Included in this ETF: A selection of large and mid-sized publicly traded U.S. companies in the financial services sector. The majority of these companies are large-caps.
Daily Target: 3x
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking a daily target equal to 300% of the benchmark index.
Related Links: