Direxion Daily S&P 500 Bear 1X Shares (SPDN)

NYSEARCA: SPDN · IEX Real-Time Price · USD
-0.10 (-0.65%)
Aug 12, 2022 11:16 AM EDT - Market open
Assets $368.84M
NAV $15.30
Expense Ratio 0.49%
PE Ratio n/a
Shares Out 24.10M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -0.39%
Volume 850,582
Open 15.24
Previous Close 15.30
Day's Range 15.20 - 15.28
52-Week Low 13.90
52-Week High 17.79
Beta -0.92
Holdings 7
Inception Date Jun 8, 2016

About SPDN

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.

Asset Class Equity
Region North America
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol SPDN
Index Tracked S&P 500 Index


Ex-Dividend Amount Pay Date
Mar 24, 2020 $0.01763 Mar 31, 2020
Dec 23, 2019 $0.07441 Dec 31, 2019
Sep 24, 2019 $0.11144 Oct 1, 2019
Jun 25, 2019 $0.12215 Jul 2, 2019
Mar 19, 2019 $0.1531 Mar 26, 2019
Dec 27, 2018 $0.10942 Jan 4, 2019
Full Dividend History


Tactical Trading: How To Play The Field When The Markets Zig-Zag

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Other symbols: SPXLSPXS

Inverse S&P 500 ETFs to Bet on Bearish Trend

The bearish trend is likely to continue if the past 150 years of stock market history is any guide.

Other symbols: SDSSHSPXSSPXU

S&P 500 Near Bear Market: Inverse ETFs in Focus

The bearish trend is likely to continue, with some analysts expecting bigger drops.

Other symbols: SDSSHSPXSSPXU

Following Morgan Stanley? Tap Inverse S&P 500 ETFs

The S&P 500 is about to decline sharply, Morgan Stanley's Michael J. Wilson cautioned, as quoted on Bloomberg.

Other symbols: SDSSHSPXSSPXU

Inverse ETFs to Bet on S&P 500 Decline Expectation

The S&P 500 is down 11.8% so far this year and is expected to continue its downtrend at least in the near term till the Russia-Ukraine crisis does not end.

Other symbols: SDSSHSPXSSPXU

S&P 500 to Drop Further: Go Short With These ETFs

The S&P 500 falls deeper into correction territory and Nasdaq 100 approaching the first bear market in nearly two years.

Other symbols: SDSSHSPXSSPXU

2 Bearish ETFs to Play Downside in S&P 500 and China A-Shares

Getting tactical allocation with inverse exchange-traded funds (ETFs) doesn't mean traders need to take on double or even triple the leverage. Direxion Investments has a pair of funds with single invers...

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Leveraged ETF: How to Use & What's Hot Now?

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Traders Home In on S&P Earnings in Back Half of 2021

With the equities markets waddling through 2021, earnings reports could significantly define the second half of the year. Most traders will be watching the S&P 500.

Other symbols: SPUUSPXL

Up, Down, or Sideways: How to Bet on the S&P 500

As inflation fears continue to keep the major indices at bay, traders can play the volatility with funds like the Direxion Daily S&P 500 Bear 1X Shares (SPDN). A vaccine rollout and stimulus dollars are...

Inverse ETFs Climb as Stocks Decline in Afternoon Trading

After a strong performance to start the session Monday, stocks and index ETFs tumbled into the close, leaving on the Dow Jones Industrial Average positive on the day. Inverse ETFs shined.

Other symbols: SDOW

Are Markets Overbought? Consider this Sector, Says Expert

While stocks and index ETFs are rallying today amid the inauguration of President Joe Biden and strong corporate earnings, at least one financial pundit feels the future is more uncertain. Billionaire i...

Other symbols: IWMIWNIWOSDOW

Inverse ETFs Could Surge If Stocks Continue to Tumble

Markets tumbled in overnight futures Sunday and throughout Monday's trading, as political uncertainty related to Georgia's Senate runoff election Tuesday catalyzed a precipitous drop in stock index ETFs...

Other symbols: SDOWSPXS

A Vaccine Is Coming. So What?

For the better part of 2020, the market has been ruled less by hard numbers and more by speculation about what the hard numbers may look like once the pandemic is “over” and things get back to “normal.”...

Other symbols: CUREWFH

5 ETFs for Protection From Market Crash

These products could provide some shelter from the crisis and would be in focus in the weeks ahead.

Other symbols: BTALDWSHTAIL

S&P 500 to Fall Further: Bet on These ETFs

COVID-19 has led to the historic crash in the U.S. stock market.

Other symbols: SDSSHSPXSSPXU

Wall Street Enters Bear Market: ETFs That Are Near 52-Week High

These ETFs touched a 52-week high on Mar 12 while Wall Street entered a bear market.


Top ETFs for Bear Markets

The best inverse ETFs for major indexes during the steep 2018 market downturn were PSQ, SPDN, and SH.

Other symbols: PSQSH

Shorting the S&P 500 with ETFs: What You Should Know

These ETFs can be used for short-term trading or hedging.


How to Short the S&P 500 With ETFs

Given the bearish trends, investors could easily tap this opportune moment by going short on the index.

Other symbols: SDSSHSPXSSPXU

Markets Steady as FOMC Leaves Rates Unchanged

In the most recent FOMC meeting announcement today, the Federal Reserve held interest rates constant following its two-day meeting this week, and implied that no action is likely next year amid persiste...

Other symbols: SPUUSPXL

Markets Recover Overnight Losses on Trade News

After a sizable selloff overnight, U.S. markets have recovered some today, on news that the White House will delay implementing the planned tariffs against China for another couple of weeks.

Other symbols: SPUUSPXL

Wall Street Loses Maximum Since October: Inverse ETFs to Play

Wall Street started December on a dull note. Time to play inverse ETFs?

Markets Get Jitters After Trade War Winds Change Direction

U.S. stocks sold off early Friday as optimism that had risen about the prospects of the U.S. scrapping duties was quickly curtailed.

Other symbols: SPUUSPXL

Would A Democratic President Be Bad For Markets?

While President Trump has affected markets with tweets and posturing, is it possible a Democratic presidential nominee like Elizabeth Warren could alter it herself in the future?

Other symbols: SPUUSPXL