---
ticker: "FAS"
name: "Direxion Daily Financial Bull 3X ETF"
url: "https://etf.net/etf/FAS"
grade: "A"
score: 81
graded_at: "2026-10-12"
category: "3x Leveraged Long"
category_rank: "1 of 31"
methodology: "https://etf.net/methodology"
---

# FAS: Direxion Daily Financial Bull 3X ETF

Grade **A**, Score 81 of 100. Rank 1 of 31 in 3x Leveraged Long.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 97 | 1 of 31 |
| Mission | Not scored | — |
| Risk | 64 | 7 of 30 |
| Tradability | 75 | 5 of 31 |
| Holdings | Not scored | — |
| Durability | 66 | 5 of 31 |

## Top holdings

The fund holds 88 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Ixm Swap Asset Leg (Ixmmll) | 15.79% |
| 2 | — | Ixm Swap Asset Leg (Ixmbpl) | 12.00% |
| 3 | — | Ixm Swap Asset Leg (Ixmubl) | 10.83% |
| 4 | — | Ixm Swap Asset Leg (Ixmbcl) | 10.41% |
| 5 | — | Ixm Swap Asset Leg (Ixmctl) | 6.85% |
| 6 | — | Ixm Swap Asset Leg (Ixmjpl) | 6.31% |
| 7 | — | Ixm Swap Asset Leg (Ixmsgl) | 5.10% |
| 8 | — | Dreyfus Govt Cash Man Ins | 4.83% |
| 9 | — | Goldman Finl Sq Trsry Inst 506 | 3.07% |
| 10 | BRK.B | Berkshire Hathaway Inc-Cl B | 2.68% |
| 11 | JPM | JPMorgan Chase & Co | 2.47% |
| 12 | — | Ixm Swap Asset Leg (Ixmgsl) | 2.32% |
| 13 | V | Visa Inc-Class A Shares | 1.84% |
| 14 | MA | Mastercard Inc - A | 1.33% |
| 15 | BAC | Bank of America Corp | 0.99% |
| 16 | — | Dreyfus Trsry Securities Cash Mgmt | 0.94% |
| 17 | GS | Goldman Sachs Group Inc | 0.73% |
| 18 | WFC | Wells Fargo & Co | 0.71% |
| 19 | MS | Morgan Stanley | 0.63% |
| 20 | C | Citigroup Inc | 0.61% |
| 21 | AXP | American Express Co | 0.45% |
| 22 | SCHW | Schwab (Charles) Corp | 0.44% |
| 23 | BLK | BlackRock Inc | 0.44% |
| 24 | PGR | Progressive Corp | 0.35% |
| 25 | SPGI | S&P Global Inc | 0.34% |
| 26 | COF | Capital One Financial Corp | 0.34% |
| 27 | CB | Chubb Ltd | 0.33% |
| 28 | CME | Cme Group Inc | 0.28% |
| 29 | BNY | Bank of New York Mellon Corp | 0.27% |
| 30 | USB | Us Bancorp | 0.25% |

Source: etf.net, https://etf.net/etf/FAS. Please cite the page URL.