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SPDN - Direxion Daily S&P 500 Bear 1X Shares

Stock Price: $16.35 USD -0.06 (-0.37%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $109.06M
NAV $16.40
Expense Ratio 0.50%
PE Ratio n/a
Beta (5Y) -0.90
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -
Trading Day April 16
Last Price $16.35
Previous Close $16.41
Change ($) -0.06
Change (%) -0.37%
Day's Open 16.35
Day's Range 16.33 - 16.40
Day's Volume 253,635
52-Week Range 16.33 - 26.38

Fund Description

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 Class
Equity
Inception Date
Jun 8, 2016
Exchange
NYSEARCA
Ticker Symbol
SPDN
Index Tracked
S&P 500 Index

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.018Mar 31, 2020
Dec 23, 2019$0.074Dec 31, 2019
Sep 24, 2019$0.111Oct 1, 2019
Jun 25, 2019$0.122Jul 2, 2019
Mar 19, 2019$0.153Mar 26, 2019
Dec 27, 2018$0.109Jan 4, 2019
Full Dividend History

News

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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 tickers mentioned: SDOW
1 month ago - ETF Trends

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 tickers mentioned: IWM, IWN, IWO, SDOW
2 months ago - ETF Trends

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 tickers mentioned: SDOW, SPXS
3 months ago - ETF Trends

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 tickers mentioned: CCON, CURE, WFH
6 months ago - ETF Trends

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

Other tickers mentioned: BTAL, DWSH, MOM, TAIL
10 months ago - Zacks Investment Research

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

Other tickers mentioned: SDS, SH, SPXS, SPXU
1 year ago - Zacks Investment Research

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

Other tickers mentioned: BIL, DWSH, MOM, TAIL, VIXY
1 year ago - Zacks Investment Research

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

Other tickers mentioned: PSQ, SH
1 year ago - Investopedia

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

YouTube video

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

Other tickers mentioned: SDS, SH, SPXS, SPXU, SPY
1 year ago - Zacks Investment Research

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

Other tickers mentioned: SDS, SH, SPXS, SPXU
1 year ago - Zacks Investment Research

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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

Other tickers mentioned: CHAD, DOG, DXD, EFZ, PSQ, QID, REW ...
1 year ago - Zacks Investment Research

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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 tickers mentioned: SPUU, SPXL
1 year ago - ETF Trends

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.

1 year ago - ETF Trends

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 tickers mentioned: SPXS, SPUU, SPXL
1 year ago - ETF Trends

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

Other tickers mentioned: DIA, EDZ, EFZ, FINZ, PSQ, SBB, SDOW ...
2 years ago - Zacks Investment Research