FAS trading strategies, backtested
Direxion Daily Financial Bull 3X Shares — 3x daily leveraged financials. Every DeployQuant template run on FAS over 5.5 years of minute data, same engine, same window, sorted by return.
| Strategy | CAGR | max DD | Sharpe | trades | win rate | final value |
|---|---|---|---|---|---|---|
| Drawdown Dip Buyer + 8% Target | 28.5% | −65.3% | 0.75 | 18 | 100% | $40,002 |
| RSI(14) Mean Reversion | 26.5% | −50.0% | 0.79 | 20 | 85% | $36,657 |
| Weekly Entry + 7% Target | 22.5% | −47.8% | 0.71 | 208 | 46% | $30,723 |
| First-to-Last Day of Month | 20.1% | −66.7% | 0.63 | 67 | 57% | $27,552 |
| RSI(2) Dip Snapback | 19.3% | −43.4% | 0.66 | 153 | 62% | $26,528 |
| EMA 12/26 Trend | 8.3% | −59.8% | 0.41 | 21 | 33% | $15,539 |
| SMA 10/50 Trend | 5.3% | −57.0% | 0.32 | 18 | 56% | $13,305 |
| 20-Day Momentum + Trailing Stop | 4.0% | −45.3% | 0.28 | 44 | 41% | $12,448 |
| 3-Month Momentum Switch | 1.0% | −55.6% | 0.19 | 25 | 40% | $10,543 |
| 200-Day SMA Regime Filter | −0.5% | −54.9% | 0.15 | 30 | 27% | $9,708 |
| Golden Cross (SMA 50/200) | −3.5% | −49.0% | 0.10 | 5 | 20% | $8,217 |
| SMA-200 Trend + 15% Trailing Stop | −8.1% | −68.7% | -0.08 | 26 | 38% | $6,283 |
| Buy & hold FAS | 22.9% | −66.3% | 0.67 | — | — | $31,232 |
Build it from blocks (or type it in English), backtest it on 5.5 years of minute data in seconds, tweak any parameter, then paper trade it on live data. No card, no broker needed to start.
Frequently asked questions
What was the best strategy for FAS?
Of the 12 templates tested on FAS over 2021-01-04–2026-07-17, the strongest by CAGR was dip buyer at 28.5% (max drawdown 65.3%), versus 22.9% for buy-and-hold. Best-in-hindsight is not a forecast — check drawdowns and trade counts before drawing conclusions.
Did any strategy beat buying and holding FAS?
2 of 12 templates beat FAS buy-and-hold (22.9% CAGR) on this window; 10 of 12 had a shallower maximum drawdown than holding (66.3%).
Other leveraged etfs
Backtests are hypothetical, computed by DeployQuant's engine on minute-resolution consolidated US market data (2021-01-04 to 2026-07-17, $10,000 starting capital, no margin, fees and slippage not modeled) and do not guarantee future results. Nothing on this page is investment advice. Live trading involves risk of loss.