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.
Latest SPXS News
| 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 range | 6.03 – 6.17 |
| Net asset value (NAV) | 6.06 (08/07/2020) |
| Daily volume | 5,679 |
| Average volume (3 months) | 49,009,558 |
Data as of 7:58pm ET, 08/07/2020
Peer Comparisonvs. Trading--inverse equity ETFs
| SPXS | Category | |
|---|---|---|
| Performance 5-yr return | -41.62% | -29.79% |
| Expense Gross exp ratio | 1.07% | 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
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| Holdings not available. |
