Direxion Daily Financial Bull 3X Shares company info

What does Direxion Daily Financial Bull 3X Shares do?
Direxion Daily Financial Bull 3X Shares (NYSE:FAS) is a financial instrument designed to provide investors with leveraged exposure to the finance sector. Specifically, it seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 Financial Services Index. As a leveraged ETF, Direxion Daily Financial Bull 3X Shares aims to magnify the returns for investors who have a bullish outlook on the sector, making it a tool for experienced traders who can manage the risks of leverage. Its main operations involve employing financial derivatives such as swaps and futures contracts to achieve its investment objective. This ETF is particularly appealing to those looking to capitalize on short-term movements in the financial services sector, with the objective of delivering triple the daily performance of its underlying index. However, it's important to note the increased risk that comes with leveraged ETFs, making them suitable for more sophisticated investors.
Direxion Daily Financial Bull 3X Shares company media
Company Snapshot

Is Direxion Daily Financial Bull 3X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily Financial Bull 3X Shares employ?

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Employees
55

What sector is Direxion Daily Financial Bull 3X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily Financial Bull 3X Shares?

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Head Office
New York, United States

What year was Direxion Daily Financial Bull 3X Shares founded?

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Year Founded
2008
What does Direxion Daily Financial Bull 3X Shares specialise in?
/Leveraged ETF /Financial Sector /Stock Index /Triple Performance /Investment Asset /Tradeable Security

What are the products and/or services of Direxion Daily Financial Bull 3X Shares?

Overview of Direxion Daily Financial Bull 3X Shares offerings
Leveraged ETFs provide amplified exposure to the financial sector, aiming for triple the daily performance.
Inverse ETFs offer opportunities to profit from declines in financial sector indexes.
Sector-specific ETFs enable targeted investment in parts of the financial market.
Geared ETFs give experienced traders tools for short-term trading strategies.
Global ETFs expand investment opportunities beyond domestic markets, offering exposure to international financial sectors.
Enhanced liquidity services facilitate efficient trading and execution for investors in fast-moving markets.