Direxion Daily S&P 500® Bear 3X Shares (SPXS)

26.44
BATS BZX Real-Time Price
As of 11:13am ET
 +0.65 / +2.52%
Today’s Change
15.87
Today|||52-Week Range
27.53
+61.42%
Year-to-Date

Investment Objective

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500  Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.

S&P 500 Near Bear Market: Inverse ETFs in Focus
May 13 / Zacks.com - Paid Partner Content
 

Performance

1 month+40.64% 3 years-49.47%
3 months+23.92% 5 years-43.02%
1 year-7.01% Since inception-45.05%
Data through 05/20/2022

Quote Details

Previous close$25.79
Open day’s range24.95 – 26.44
Net asset value (NAV)25.76 (05/19/2022)
Daily volume5,838,808
Average volume (3 months)23,131,086
Data as of 11:13am ET, 05/20/2022

Peer Comparisonvs. Trading--inverse equity ETFs

 SPXSCategory
Performance 5-yr return-43.02%-29.79%
Expense Gross exp ratio1.13%--
Risk 5 year sharpe ratio-1.11--
Net assets$475.3M--
Average market cap--$254.4B
Average P/E--20.2
Dividend / Share--9.68%

Competitors

SPDN Direxion Daily S&P 500® Bear 1X Shares
SH ProShares Short S&P500
TAIL Cambria Tail Risk ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
DAPXX Dreyfus Government Securities Cash Management Administrative Shares86.48%
FTIXX Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares38.44%
-- 36.25%
FGTXX Goldman Sachs Financial Square Government Fund Institutional Shares13.39%
-- 0.00%
-- 0.00%