Direxion Daily S&P 500® Bear 1X Shares (SPDN)
| 21.43 Delayed Data As of Sep 25 |  -0.14 / -0.65%Today’s Change | 19.61 Today|||52-Week Range 33.81 | -12.28% Year-to-Date |
SPDN Regular Dividend: SPDN began trading ex-dividend on 09/22/20. A $0.00 dividend will be paid to shareholders of record as of 09/23/20.
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, market capitalization-weighted index. The fund is non-diversified.
Latest SPDN News
| Using Beta To Avoid Stock Market Crash Sep 21 / Seeking Alpha - Paid Partner Content | Dull Economic Conditions With Infections Climbing Position The Market For An Overdue Correction Sep 21 / Seeking Alpha - Paid Partner Content |
| Election Year Seasonal Effects And Low Interest Rates Support Stocks Sep 21 / Seeking Alpha - Paid Partner Content | Sentiment Speaks: There Is Still More Room To The Downside In The Coming Weeks Sep 21 / Seeking Alpha - Paid Partner Content |
| Weekly Commentary: Revisiting 'Coin In The Fuse Box' Sep 21 / Seeking Alpha - Paid Partner Content | Rational Exuberance? Explaining Global Equity Market Gains Sep 21 / Seeking Alpha - Paid Partner Content |
Performance
| 1 month | +5.06% | 3 years | -12.13% | |
| 3 months | -7.19% | 5 years | -- | |
| 1 year | -18.80% | Since inception | -12.62% |
Data through 09/25/2020
Quote Details
| Previous close | $21.57 |
| Open day’s range | 21.43 – 21.51 |
| Net asset value (NAV) | 21.56 (09/24/2020) |
| Daily volume | 109,908 |
| Average volume (3 months) | 329,425 |
Data as of 11:30am ET, 09/25/2020
Peer Comparisonvs. Trading--inverse equity ETFs
| SPDN | Category | |
|---|---|---|
| Performance 5-yr return | -- | -29.79% |
| Expense Gross exp ratio | 0.78% | 2.07% |
| Risk 5 year sharpe ratio | -- | -- |
| Net assets | $163.9M | $11.7M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.25% |
Competitors
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| FTIXX Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares | 23.61% |
| -- | 1.92% |
