Direxion Daily S&P 500 Bear 1X Shares (SPDN)
| Assets | $135.54M |
| Expense Ratio | 0.47% |
| PE Ratio | n/a |
| Shares Out | 13.30M |
| Dividend (ttm) | $0.50 |
| Dividend Yield | 4.86% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 5,710,643 |
| Open | 10.25 |
| Previous Close | 10.20 |
| Day's Range | 10.21 - 10.27 |
| 52-Week Low | 10.17 |
| 52-Week High | 13.36 |
| Beta | -0.98 |
| Holdings | 4 |
| 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 24, 2025 | $0.13499 | Jul 1, 2025 |
| Mar 25, 2025 | $0.07929 | Apr 1, 2025 |
| Dec 23, 2024 | $0.13738 | Dec 31, 2024 |
| Sep 24, 2024 | $0.14563 | Oct 1, 2024 |
| Jun 25, 2024 | $0.16276 | Jul 2, 2024 |
| Mar 19, 2024 | $0.14023 | Mar 26, 2024 |
Performance
SPDN had a total return of -6.26% in the past year, including dividends. Since the fund's inception, the average annual return has been -12.27%.
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...
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.
