FAS Performance — Direxion Daily Financial Bull 3X Shares
Data updated: 2026-09-28
FAS returned +4.22% year to date and +13.80% over one year to Jul 2026. Annualised returns are +38.80% over 3 years and +13.22% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $267, against $136 for the category, and to $114 over one year, against $105. Volatility over the past three years was 45.16% a year. In the 12 months to Jul 2026 the fund lost a net $330.9M, and assets reached $2.35B.
FAS Growth of $100
What $100 invested in Direxion Daily Financial Bull 3X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | FAS | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $114 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $267 | $136 |
| 5 years (Aug 2021 – Jul 2026) | $186 | $130 |
| Since data start (Aug 2019 – Jul 2026) | $255 | $147 |
FAS Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.22% |
| 1 year | +13.80% |
| 3 years (annualised) | +38.80% |
| 5 years (annualised) | +13.22% |
FAS Annual Returns
Calendar-year total returns of Direxion Daily Financial Bull 3X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +4.22% |
| 2025 | +21.00% |
| 2024 | +84.46% |
| 2023 | +14.54% |
| 2022 | −43.11% |
| 2021 | +116.64% |
| 2020 | −35.21% |
| 2019 (Aug–Dec) | +19.75% |
FAS Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −8.5% | −12.5% | −11.6% | +16.1% | −4.2% | +12.2% | +17.9% | — | — | — | — | — |
| 2025 | +19.0% | +2.9% | −14.0% | −11.9% | +12.1% | +8.1% | −1.4% | +8.1% | −0.8% | −9.8% | +4.3% | +8.2% |
| 2024 | +8.0% | +11.5% | +13.5% | −13.4% | +8.1% | −3.8% | +18.8% | +11.8% | −2.9% | +6.6% | +31.0% | −16.8% |
| 2023 | +20.2% | −7.8% | −29.0% | +8.4% | −14.0% | +19.6% | +13.7% | −9.1% | −10.4% | −8.9% | +34.4% | +15.4% |
| 2022 | −2.0% | −6.1% | −2.8% | −28.8% | +8.3% | −30.0% | +21.5% | −7.6% | −23.2% | +36.0% | +20.0% | −16.3% |
| 2021 | −6.1% | +36.2% | +16.7% | +19.4% | +12.5% | −9.9% | −2.2% | +16.0% | −6.8% | +25.0% | −15.8% | +7.7% |
| 2020 | −1.7% | −27.6% | −65.0% | +24.9% | +10.1% | −2.6% | +11.7% | +13.1% | −14.1% | −1.1% | +52.0% | +19.1% |
| 2019 | — | — | — | — | — | — | — | −8.4% | +6.9% | +4.3% | +11.2% | +5.4% |
FAS Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 45.16%
- 3-year Sharpe ratio: 0.76 (vs 4.5% risk-free rate)
- Best month: +34.41% (Nov 2023)
- Worst month: −16.83% (Dec 2024)
FAS Fund Flows
Monthly money in and out of Direxion Daily Financial Bull 3X Shares, from SEC Form N-PORT.
- 12-month net flow: −$330.9M
- 12-month gross sales (incl. reinvestments): $2.3B
- Sales ÷ redemptions: 0.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $220.3M | −$220.3M |
| Jun 2026 | $40.1M | $183.1M | −$143.1M |
| May 2026 | $313.1M | $113.5M | $199.7M |
| Apr 2026 | $26.9M | $305.6M | −$278.7M |
| Mar 2026 | $195.8M | $71.9M | $123.9M |
| Feb 2026 | $88.2M | $98.5M | −$10.3M |
| Jan 2026 | $187.7M | $71.7M | $116.0M |
| Dec 2025 | $0 | $119.7M | −$119.7M |
| Nov 2025 | $15.9M | $49.4M | −$33.5M |
| Oct 2025 | $959.4M | $843.9M | $115.5M |
| Sep 2025 | $383.1M | $443.3M | −$60.1M |
| Aug 2025 | $138.5M | $158.7M | −$20.2M |
FAS Assets Under Management
Net assets of Direxion Daily Financial Bull 3X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.35B |
| 2026-04-30 | $1.97B |
| 2026-01-31 | $2.36B |
| 2025-10-31 | $2.48B |
| 2025-07-31 | $2.54B |
| 2025-04-30 | $2.25B |
| 2025-01-31 | $2.88B |
| 2024-10-31 | $2.37B |
| 2024-07-31 | $2.45B |
| 2024-04-30 | $2.10B |
| 2024-01-31 | $2.06B |
| 2023-10-31 | $1.45B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.