Direxion Daily S&P 500 Bear 1X Shares (SPDN)
| 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.
Dividends
| 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 |
News
Tactical Trading: How To Play The Field When The Markets Zig-Zag
We have experienced a tumultuous year, but heightened market volatility also creates opportunities for savvy traders to aim to capitalize on market gains or pains. As markets continue to oscillate, trad...
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.
S&P 500 Near Bear Market: Inverse ETFs in Focus
The bearish trend is likely to continue, with some analysts expecting bigger drops.
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.
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.
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.
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...
Leveraged ETF: How to Use & What's Hot Now?
Geared funds are complex products; here is what you should know.
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.
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.
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...
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...
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.”...
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.
S&P 500 to Fall Further: Bet on These ETFs
COVID-19 has led to the historic crash in the U.S. stock market.
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.
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.
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...
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.
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.
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?