For investors seeking to amplify their returns in the stock market, leveraged ETFs tracking indices like the Dow Jones Industrial Average and the Russell 2000 can be an intriguing option. These ETFs utilize leverage to accelerate daily price movements of their underlying benchmarks, offering the potential for significant gains in a short timeframe.
Exploring Direxion Daily Financial Bull 3X Shares (FAS)
Direxion Daily Financial Bull 3X Shares (FAS) presents an intriguing opportunity for investors looking to amplify their exposure to the banking sector. This exchange-traded fund ETF aims to deliver triple the daily performance of the Financial Select Sector SPDR Fund (XLF). FAS employs a derivatives-based approach to achieve these amplified returns