Direxion Daily S&P 500® Bear 1X Shares (SPDN)
| 16.02 Delayed Data As of May 26 |  -0.33 / -2.02%Today’s Change | 13.90 Today|||52-Week Range 17.08 | +14.02% Year-to-Date |
Investment Objective
The investment seeks daily investment results, before fees and expenses, of 100% 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 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 and market capitalization-weighted index. The fund is non-diversified.
Latest SPDN News
| S&P 500 Near Bear Market: Inverse ETFs in Focus May 13 / Zacks.com - Paid Partner Content |
Performance
| 1 month | +7.26% | 3 years | -15.99% | |
| 3 months | +6.68% | 5 years | -13.01% | |
| 1 year | +1.69% | Since inception | -13.24% |
Data through 05/25/2022
Quote Details
| Previous close | $16.35 |
| Open day’s range | 15.97 – 16.30 |
| Net asset value (NAV) | 16.52 (05/24/2022) |
| Daily volume | 2,685,762 |
| Average volume (3 months) | 3,554,784 |
Data as of 4:00pm ET, 05/26/2022
Peer Comparisonvs. Trading--inverse equity ETFs
| SPDN | Category | |
|---|---|---|
| Performance 5-yr return | -13.01% | -29.79% |
| Expense Gross exp ratio | 0.55% | -- |
| Risk 5 year sharpe ratio | -0.96 | -- |
| Net assets | $338.9M | -- |
| Average market cap | -- | $254.4B |
| Average P/E | -- | 20.2 |
| Dividend / Share | -- | 9.68% |
Competitors
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| DGCXX Dreyfus Government Cash Management Fund Institutional Shares | 111.57% |
| -- | 9.71% |
| FTIXX Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares | 6.42% |
| -- | 0.01% |
