Direxion Daily Financial Bull 3X Shares (FAS): A Deep Dive
Direxion Daily Financial Bull 3X Shares (FAS) offers an intriguing avenue for investors looking to amplify their exposure to the banking sector. This exchange-traded fund ETF seeks to deliver triple the daily performance of the Financial Select Sector SPDR Fund (XLF). FAS utilizes a short-selling approach to generate these amplified returns. Howev