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

NYSEARCA: SPDN · IEX Real-Time Price · USD
+0.05 (0.34%)
Sep 22, 2023, 4:00 PM EDT - Market closed
Assets $264.37M
Expense Ratio 0.56%
PE Ratio n/a
Shares Out n/a
Dividend (ttm) $0.70
Dividend Yield 4.74%
Ex-Dividend Date Sep 19, 2023
Payout Ratio n/a
1-Year Return -13.72%
Volume 3,566,678
Open 14.65
Previous Close 14.67
Day's Range 14.59 - 14.73
52-Week Low 13.85
52-Week High 18.32
Beta n/a
Holdings 5
Inception Date Jun 8, 2016

About SPDN

Fund Home Page

The Direxion Daily S&P 500 Bear 1X Shares (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.

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


Ex-Dividend Amount Pay Date
2023-09-19 $0.20476 2023-09-26
2023-06-21 $0.26537 2023-06-28
2023-03-21 $0.09428 2023-03-28
2022-12-20 $0.13274 2022-12-28
2022-09-20 $0.0251 2022-09-27
2020-03-24 $0.01763 2020-03-31
Full Dividend History


Flexible Plan's Wagner Uses Leveraged, Inverse ETFs Tactically

Jerry Wagner is president, founder and chief investment officer of Flexible Plan, a turnkey asset management program (TAMP) with more than $1.5 billion invested in its separately managed accounts.

Other symbols: SPUU
4 days ago - ETF Trends

A More Hawkish Fed Could Mean More Volatility Ahead

The anticipation of more rate hikes by the U.S. Federal Reserve could spur more volatility ahead, which makes for trading opportunities in the S&P 500 — notably, the Direxion Daily S&P 500 Bear 1X Sha...

2 months ago - ETF Trends

Lingering Volatility Could Keep These 4 ETFs in Play

Federal Reserve interest rate policy and recession fears will continue to remain key risks for volatility, but other unforeseen events like the recent banking crises could keep investors on edge. As s...

Other symbols: SPUUSPXLSPXS
4 months ago - ETF Trends

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, tr...

Other symbols: SPXLSPXS
1 year ago - ETF Trends

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 inve...

1 year ago - ETF Trends

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
2 years 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 a...

2 years 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
2 years 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...

Other symbols: IWMIWNIWOSDOW
2 years 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 ET...

Other symbols: SDOWSPXS
2 years 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
3 years ago - ETF Trends

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
3 years ago - Investopedia

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 persis...

Other symbols: SPUUSPXL
4 years 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
4 years ago - ETF Trends

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
4 years 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
4 years 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, invest...

Other symbols: SPUUSPXL
4 years 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,...

Other symbols: SPUUSPXL
4 years 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 in...

Other symbols: SPUUSPXL
4 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 ...

Other symbols: SPUUSPXL
4 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.

4 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 curv...

Other symbols: SPXSSPUUSPXL
4 years ago - ETF Trends