From Yahoo Finance.: 2025-06-28 09:22:00

Invest in Gold: The Direxion Daily Financial Bull 3x Shares (FAS) ETF aims to triple the daily performance of the S&P Financial Select Sector index, including top financial stocks like JPMorgan and Bank of America. FAS utilizes swap return agreements with banks to achieve leveraged exposure, but risks include high expenses and potential losses. Consider buying FAS for market-beating gains or as a hedge against bearish bets, but be cautious of its heavy dependence on swap contracts and sensitivity to interest rates. While FAS has tripled the index’s returns in the past, it could quickly give up gains during market downturns. Ultimately, FAS may be a worthwhile investment for those expecting interest rates to decline and the financial sector to heat up.

Read more: 3 Reasons to Buy FAS and 3 Reasons Not to