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

6.07
Delayed Data
As of Aug 07
 +0.01 / +0.17%
Today’s Change
6.03
Today|||52-Week Range
28.85
-54.19%
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.

Weekly Commentary: Precarious World
Aug 01 / Seeking Alpha - Paid Partner Content
S&P 500 Earnings Update, And A Gold Comment
Aug 01 / Seeking Alpha - Paid Partner Content
U.S. GDP Plunges At Record Rate. Is The Economic Recovery Still On Track?
Aug 01 / Seeking Alpha - Paid Partner Content
After A Record Drop In U.S. GDP For Q2, What's Next?
Aug 01 / Seeking Alpha - Paid Partner Content
Weekly High Frequency Indicators: Stocks And Initial Claims Give Conflicting Signals As The Virus Remains In Control
Aug 01 / Seeking Alpha - Paid Partner Content
S&P 500 Weekly Update; The Secular Bull 'Market Of Stocks' Rolls On
Aug 01 / Seeking Alpha - Paid Partner Content

Performance

1 month-18.38% 3 years-45.59%
3 months-41.77% 5 years-41.62%
1 year-68.48% Since inception-46.02%
Data through 08/08/2020

Quote Details

Previous close$6.06
Open day’s range6.03 – 6.17
Net asset value (NAV)6.06 (08/07/2020)
Daily volume5,679
Average volume (3 months)49,009,558
Data as of 7:58pm ET, 08/07/2020

Peer Comparisonvs. Trading--inverse equity ETFs

 SPXSCategory
Performance 5-yr return-41.62%-29.79%
Expense Gross exp ratio1.07%2.05%
Risk 5 year sharpe ratio-1.12--
Net assets$903.7M$9.5M
Average market cap----
Average P/E----
Dividend / Share--0.15%

Competitors

SPDN Direxion Daily S&P 500® Bear 1X Shares
SH ProShares Short S&P500
MYY ProShares Short MidCap400

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.