FAS:ARCA-Direxion Financial Bull 3X Shares (USD)

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 112.2

Change

+1.44 (+1.30)%

Market Cap

USD 1.39B

Volume

0.60M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000? Financial Services Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000? Financial Services Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000? Index that measures the performance of the securities classified in the financial services sector of the large-cap U.S. equity market. It is non-diversified.

Inception Date: 06/11/2008

Primary Benchmark: Russell 1000 Financial Services TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.97%

Management Expense Ratio: 1.04 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

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ETFs Containing FAS

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Leveraged Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 35.75% 94% A 97% N/A
Dividend Return 0.44% 75% C 27% F
Total Return 36.19% 94% A 97% N/A
Trailing 12 Months  
Capital Gain 100.86% 91% A- 97% N/A
Dividend Return 2.97% 90% A- 45% F
Total Return 103.83% 91% A- 97% N/A
Trailing 5 Years  
Capital Gain 81.38% 68% D+ 81% B-
Dividend Return 5.89% 77% C+ 20% F
Total Return 87.27% 68% D+ 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 30.93% 76% C+ 91% A-
Dividend Return 31.80% 76% C+ 90% A-
Total Return 0.87% 73% C 23% F
Risk Return Profile  
Volatility (Standard Deviation) 114.16% 28% F 6% D-
Risk Adjusted Return 27.86% 67% D+ 53% F
Market Capitalization 1.39B 88% B+ 63% D

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.