Direxion Daily Financial Bull 3X Shares

• Day-to-Day Returns Magnified Three Times in this ETF

  By Jeff Stouffer - May 21, 2013 | Tickers: BRK-A, C, FAS, JPM, WFC

  The combination of leverage-enhanced day trading to a passive index exchange-traded fund can result in returns hard to attain or losses hard to digest. Leveraged ETFs are designed to profit when the direction of the index is correct. The Direxion Daily Financial Bull 3X Shares (NYSEMKT: FAS) is such an ETF that holds the entire Russell 1000 Financial Services Index. This ETF was created on November 4, 2008 and has more »

• Weapons of Wealth Destruction

  By Andrés Cardenal - July 15, 2012 | Tickers: FAS, VXX, CORN, UNG, TVIX

  Some sophisticated ETFs look like interesting investing vehicles that make it possible to gain access to smart investment ideas. Under the surface, however, many of these instruments have some very material drawbacks that can be enormously detrimental for investors' returns. It is crucial to understand what's inside each ETF in order to avoid serious and destructive mistakes.

  Climatic conditions over the last week have produced a huge rally in more »

• The Right Way to Use Leveraged ETFs

  By Andrés Cardenal - April 11, 2012 | Tickers: FAS, FAZ, URE, SSO

  Leveraged ETFs have been growing in popularity over the last years, and so has been the discussion about their advantages and perils for individual investors. For the most part, investors have complained about the fact that these products don't work as expected. The problem, however, remains in investors' ignorance and misuse of these products, which has caused many regrettable damages in portfolios for some time.

  These ETFs are designed more »