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

NYSEARCA: SPDN · IEX Real-Time Price · USD
15.09 -0.10 (-0.66%)
Oct 15, 2021 4:00 PM EDT - Market closed
Assets$123.12M
NAV$15.20
Expense Ratio0.50%
PE Ration/a
Shares Out8.10M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend DateMar 24, 2020
1-Year Return
-
Volume488,290
Open15.11
Previous Close15.19
Day's Range15.06 - 15.13
52-Week Low14.89
52-Week High21.51
Beta-0.90
Holdings4
Inception DateJun 8, 2016

About SPDN

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.

Asset ClassEquity
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolSPDN
Index TrackedS&P 500 Index

Dividends

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

News

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
3 months ago - ETF Trends

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...

4 months ago - ETF Trends

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
7 months ago - ETF Trends

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
8 months ago - ETF Trends

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
9 months ago - ETF Trends

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
1 year ago - ETF Trends

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
1 year ago - Zacks Investment Research

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
1 year ago - Zacks Investment Research

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.

Other symbols:BILDWSHTAILVIXY
1 year ago - Zacks Investment Research

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
1 year ago - Investopedia

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

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

Other symbols:SDSSHSPXSSPXUSPY
1 year ago - Zacks Investment Research

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
1 year ago - Zacks Investment Research

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
1 year ago - ETF Trends

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
1 year ago - ETF Trends

Wall Street Loses Maximum Since October: Inverse ETFs to Play

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

1 year ago - Zacks Investment Research

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
1 year ago - ETF Trends

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
1 year ago - ETF Trends

Yale Economist Says Trump Is Good For The Market

With the constant back-and-forth of markets this year due to fluctuating news headlines, a protracted trade war, rampant presidential tweeting, and the prospect of further rate cuts by the Fed, investor...

Other symbols:SPUUSPXL
1 year ago - ETF Trends

Is The Fed Likely To Cut Rates At The Next Meeting?

New evidence has been mounting that the Federal Reserve could soon take a break in its latest rate-cutting cycle, and, depending on economic data and developments in trade talks, that could happen at, o...

Other symbols:SPUUSPXL
1 year ago - ETF Trends

What Do Experts Believe This Divergence Means for Stocks, ETFs?

With earnings season off to a strong start and markets moving up handily once again this week, stocks are now up nearly 20% this year, close to all-time highs, yet earnings growth is expected to be insi...

Other symbols:SPUUSPXL
2 years ago - ETF Trends

Market Volatility And Trade Headlines Keep Investors Guessing

There’s been no shortage of news recently regarding the trade war. As the markets flip-flop while politicians deliberate and negotiations eventuate, audacious investors try and time the ups and downs of...

Other symbols:SPUUSPXL
2 years ago - ETF Trends

Markets Close on Lows After China Woes, Fed News

It was a volatile day for U.S. markets that plunged on the open on news that the United States had banned 28 Chinese companies from doing business with American companies due to human rights issues.

2 years ago - ETF Trends

A September Slowdown Could Offer Bearish ETF Plays

If history repeats itself, then investors could be in for a September slowdown, which doesn’t bode well for the bulls, but could offer bearish ETF investors some interesting plays. Inverted yield curves...

Other symbols:SPXSSPUUSPXL
2 years ago - ETF Trends

Markets in Red: Invest in Inverse ETFs for Solid Returns

Don't worry about the market selloff. Inverse ETFs are there to give you sweet returns.

2 years ago - Zacks Investment Research