Direxion Daily S&P 500 Bear 1X Shares (SPDN)
| Assets | $175.64M |
| Expense Ratio | 0.58% |
| PE Ratio | n/a |
| Shares Out | 15.10M |
| Dividend (ttm) | $0.72 |
| Dividend Yield | 6.22% |
| Ex-Dividend Date | Jun 25, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -19.71% |
| Volume | 4,450,606 |
| Open | 11.58 |
| Previous Close | 11.57 |
| Day's Range | 11.56 - 11.62 |
| 52-Week Low | 11.38 |
| 52-Week High | 15.58 |
| Beta | -0.93 |
| Holdings | 5 |
| Inception Date | Jun 8, 2016 |
About SPDN
Fund Home PageThe 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.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2024 | $0.16276 | Jul 2, 2024 |
| Mar 19, 2024 | $0.14023 | Mar 26, 2024 |
| Dec 21, 2023 | $0.2117 | Dec 29, 2023 |
| Sep 19, 2023 | $0.20476 | Sep 26, 2023 |
| Jun 21, 2023 | $0.26537 | Jun 28, 2023 |
| Mar 21, 2023 | $0.09428 | Mar 28, 2023 |
News
Betting Against The Market With The SPDN ETF
The SPDN ETF offers a way to bet against the market, moving inversely to the S&P 500, but it's not for long-term holding. Market's muted response to rate cuts suggests they're already priced in; high ...
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...
Don't Bet Against Progress
Shorting or hedging against companies driving innovation and growth in the US stock markets is not a viable long-term strategy. Historical trends suggest that bear markets are relatively short-lived, ...
SPDN: Growing Corporate Leverage With Rate Hikes Is A Concern
The Direxion Daily S&P 500 Bear 1X Shares ETF takes a bearish bet against the market, providing short-term speculation opportunities. The ETF has low expense ratios and allows access to shorting at pr...
SPDN: Time To Profit From The Latest Failed S&P 500 Rally
Since January of 2022, the S&P 500 has tried over and over to reverse course, make a new all-time high, and start a new bull market. For the 21st time in 16 months, it appears to be failing. 21 is gre...
SPDN: Either Short The Market Or Hedge Your Portfolio Of Bonds And Gold
Except for the higher probability of a recession occurring this year, market conditions are more or less the same as in 2022, when Direxion Daily S&P 500 Bear 1x Shares ETF delivered gains of nearly 1...
SPDN: An Inexpensive Way To Profit When The S&P 500 Falls
SPDN is not the largest or oldest way to short the S&P 500, but it's a solid choice. This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
Top ETFs for Bear Markets
The best inverse ETFs for major indexes during the steep 2018 market downturn were PSQ, SPDN, and SH.
