What Is FAS ETF?
The Direxion Daily Financial Bull 3X Shares ETF (FAS) is designed to outperform the Russell 1000 Index by three times on a daily basis. The Russell 1000 is a capital-weighted index that includes large-capitalization banks like Wells Fargo (WFC) and Goldman Sachs (GS) as well as insurance companies like Aflac (AFL) and Allstate (ALL) (ALL). […]
