Direxion Daily S&P 500 Bear 3x Shares (SPXS)
| Assets | $380.26M |
| Expense Ratio | 1.07% |
| PE Ratio | n/a |
| Shares Out | 59.68M |
| Dividend (ttm) | $0.44 |
| Dividend Yield | 7.18% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -47.03% |
| Volume | 114,645,042 |
| Open | 6.46 |
| Previous Close | 6.37 |
| Day's Range | 6.00 - 6.49 |
| 52-Week Low | 5.67 |
| 52-Week High | 12.26 |
| Beta | -2.55 |
| Holdings | 11 |
| Inception Date | Nov 5, 2008 |
About SPXS
Fund Home PageThe Direxion Daily S&P 500 Bear 3x Shares (SPXS) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x inverse exposure to a market-cap-weighted index of 500 large- and mid-cap US companies selected by the S&P Committee. SPXS was launched on Nov 5, 2008 and is issued by Direxion.
Top 10 Holdings
-119.49% of assets| Name | Symbol | Weight |
|---|---|---|
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 45.50% |
| DREYFUS GOVT CASH MAN INS | n/a | 39.00% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | n/a | 5.93% |
| DREYFUS TRSRY SECURITIES CASH MGMT | n/a | 3.38% |
| S&P 500 INDEX SWAP | n/a | -21.21% |
| S&P 500 INDEX SWAP | n/a | -26.76% |
| S&P 500 INDEX SWAP | n/a | -27.18% |
| S&P 500 INDEX SWAP | n/a | -29.24% |
| S&P 500 INDEX SWAP | n/a | -36.33% |
| S&P 500 INDEX SWAP | n/a | -72.58% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.084 | Oct 1, 2024 |
| Jun 25, 2024 | $0.117 | Jul 2, 2024 |
| Mar 19, 2024 | $0.137 | Mar 26, 2024 |
| Dec 21, 2023 | $0.104 | Dec 29, 2023 |
| Sep 19, 2023 | $0.159 | Sep 26, 2023 |
| Jun 21, 2023 | $0.158 | Jun 28, 2023 |
News
Bullish Bets Come in for S&P 500 Ahead of New Year
The S&P 500 continues to march higher, reaching over 27% year to date. Bullish bets for 2025 are already coming for the index, with the most ambitious target being a price target of 7,100 from ETF pro...
Split Sentiments May Drive Huge Interest In Direxion's SPXL And SPXS Leveraged ETFs
Up until earlier Wednesday morning, bullish investors had every reason for fueled optimism. Yesterday, big-box retailing giant Walmart Inc WMT delivered strong third-quarter results, posting adjusted ...
SPXS: Low Dividend Yield Signals Trouble Ahead For The S&P 500
The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% of the inverse return of the S&P 500 index. Near-term peaks and bottoms in the S&P 500 dividend yield have marked major market rever...
SPXS: The Timing Might Be Right Again
Timing is crucial when trading leveraged ETFs like SPXS, these funds are not meant for long-term investment. Current economic indicators suggest downward pressure on stocks, making SPXS a speculative ...
SPXS And SDS Drifts Compared, And Leveraged ETFs Dashboard
Direxion Daily S&P 500 Bear 3X Shares ETF is a popular instrument for shorting the market, but its daily -3X leverage factor causes drift. The reason why leveraged ETFs drift. Biotechnology, semicondu...
Economic Crossroads: Stock Market Reacts To U.S. Jobs Report, Fueling Speculation On Future Rate Cuts
The SPDR S&P 500 SPY popped up about 0.5% higher at one point Friday, despite U.S. Bureau of Labor Statistics data showing non-farm payrolls came in higher-than-expected, which brought into question w...
SPXS Is In Positive Drift Now, But SDS Is A Safer Hedging Instrument
Direxion Daily S&P 500® Bear 3X Shares ETF is a popular instrument for hedging a stock portfolio and shorting the market. Like all leveraged exchange-traded funds, the SPXS ETF is subject to volatilit...
SPXS In Positive Drift: Leveraged ETFs October Dashboard
Precious metals and semiconductors leveraged ETFs show the largest drifts now. SPXS has a positive drift on one and 12 trailing months. SPXS's drift history and risks in current market conditions are ...
Stock Market Slips Ahead Of Key Inflation Data, Fed Decision On Rates: The Bull, Bear Case
The SPDR S&P 500 SPY was slipping almost 0.5% on Tuesday ahead of Apple's highly-anticipated iPhone event, where one analyst expects to see the tech giant showcase a premium lineup of products.
SPXS: It's All About Timing
I believe the S&P 500 Index is due for a correction for both fundamental and technical reasons. Equity valuations are silly, judging by the Wilshire 5000 to GDP ratio and the S&P 500 to Total Bond Ret...
Bearish On The Stock Market Following SPY's Possible Double Top? This Fund Offers 3X Leverage
The SPDR S&P 500 SPY closed 1.3% higher on Friday, where the ETF wicked off resistance at $420.76, forming a possible triple top pattern when paired with similar price action on May 19.
Potential To Maximize Returns In A Recession With SPXS
We believe a U.S. recession is highly likely this year, based on various proven leading economic indicators. The S&P 500 typically falls significantly during a U.S. recession.
Drift Report On SPXS And 21 Leveraged ETFs
We present the reason why leveraged ETFs drift. The worst decays are in biotechnology and semiconductors ETFs.
Looking To Trade The S&P 500 During This Earnings Season? 2 Alternative ETFs Offer 3X Leverage
The SPDR S&P 500 SPY gapped down to open Monday's trading session, when the market ETF ran into a group of buyers who caused the SPY to climb from its low-of-day to erase its earlier loss.
SPY Gaps Higher Ahead Of Retail Earnings But Looks Bearish Longer-Term - Direxion Daily S&P 500 Bear 3X (ARCA:SPXS)
The SPDR S&P 500 SPY gapped up 0.88% higher on Monday when the market ETF ran into a group of sellers who caused the SPY to fall from its high-of-day to trade up about 0.5%.
Lessons Of SPXS Decay
Some explanations about leveraged ETFs' non-linear behavior. Leveraged ETFs in biotechnology and semiconductors show large drifts.
Bullish Or Bearish On The SPY? These Direxion ETFs Offer 3X Leverage
The SPDR S&P 500 SPY closed 0.39% higher on Friday, recapturing the 200-day simple moving average (SMA) after struggling at the level intraday.
SPXS Decay Has Worsened In November
Leveraged ETFs have a non-linear behavior. Inverse leveraged ETFs in biotechnology and semiconductors show large drifts.
Decay And Inflation Are Playing Against SPXS
Leveraged ETFs have a non-linear behavior. Biotechnology ETFs LABU and LABD show very large drifts.