The Direxion Daily Financial Bull 3X Shares (FAS), seeks daily investment results, before fees and expenses, of 300% of the performance of the Financial Select Sector Index. While the Direxion Daily Financial Bear 3x Shares (FAZ) similarly seek to magnify returns on the performance of the index, but this time by seeking daily investment results, before fees and expenses, of 300% of the inverse of the index’s performance.