Direxion Daily S&P 500 Bear 1X ETF (SPDN)
| Assets | $233.07M |
| Expense Ratio | 0.48% |
| PE Ratio | n/a |
| Shares Out | 25.55M |
| Dividend (ttm) | $0.36 |
| Dividend Yield | 3.89% |
| Ex-Dividend Date | Mar 24, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 47,883,487 |
| Open | 9.15 |
| Previous Close | 9.13 |
| Day's Range | 9.13 - 9.18 |
| 52-Week Low | 9.09 |
| 52-Week High | 12.57 |
| Beta | -0.99 |
| Holdings | 5 |
| Inception Date | Jun 8, 2016 |
About SPDN
Fund Home PageThe Direxion Daily S&P 500 Bear 1X ETF (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is issued by Direxion.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 88.71% |
| Goldman Sachs Fin Gov 465 Institut | n/a | 15.01% |
| Cash | n/a | 0.01% |
| S&P 500 Index Swap | n/a | -1.43% |
| S&P 500 Index Swap | n/a | -2.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2026 | $0.05161 | Mar 31, 2026 |
| Dec 23, 2025 | $0.07532 | Dec 31, 2025 |
| Sep 23, 2025 | $0.09365 | Sep 30, 2025 |
| Jun 24, 2025 | $0.13499 | Jul 1, 2025 |
| Mar 25, 2025 | $0.07929 | Apr 1, 2025 |
| Dec 23, 2024 | $0.13738 | Dec 31, 2024 |
Performance
SPDN had a total return of -22.04% in the past year, including dividends. Since the fund's inception, the average annual return has been -12.21%.
News
Direxion's Inverse ETF SPDN Allows Investors To Profit From Market Carnage
Wall Street is on the verge of inking a conspicuous downcycle for the week, with the major indices flashing red in late-afternoon trading on Friday. The benchmark S&P 500 is down about 0.7% against Th...
Top ETFs for Bear Markets
The best inverse ETFs for major indexes during the steep 2018 market downturn were PSQ, SPDN, and SH.