Direxion Daily S&P 500 Bear 3X Shares (SPXS)

NYSEARCA: SPXS · IEX Real-Time Price · USD
18.53
-0.44 (-2.32%)
Aug 12, 2022 11:32 AM EDT - Market open
-2.32%
Assets $586.99M
NAV $18.98
Expense Ratio 1.01%
PE Ratio n/a
Shares Out 30.93M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -13.61%
Volume 5,034,756
Open 18.70
Previous Close 18.97
Day's Range 18.50 - 18.85
52-Week Low 15.87
52-Week High 30.49
Beta -2.49
Holdings 20
Inception Date Nov 5, 2008

About SPXS

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 leveraged 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, market capitalization-weighted index. The fund is non-diversified.

Asset Class Equity
Sector Large Cap
Region North America
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol SPXS
Index Tracked S&P 500 Index

Top 10 Holdings

109.49% of assets
Name Symbol Weight
DREYFUS GOVT CASH MGMT n/a 42.70%
DREYFUS TREASURY SECURITIES CASH MANAGEMENT n/a 14.73%
GOLDMAN FS GOVT INST n/a 11.64%
DREYFUS GOVT CASH MGMT n/a 11.06%
DREYFUS GOVT CASH MGMT n/a 7.58%
GOLDMAN FINL SQ TRSRY INST 506 n/a 7.10%
GOLDMAN FINL SQ TRSRY INST 506 n/a 5.87%
GOLDMAN FINL SQ TRSRY INST 506 n/a 3.38%
GOLDMAN FS GOVT INST n/a 2.95%
DREYFUS TREASURY SECURITIES CASH MANAGEMENT n/a 2.48%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Mar 24, 2020 $0.1998 Mar 31, 2020
Dec 23, 2019 $0.3682 Dec 31, 2019
Sep 24, 2019 $0.5606 Oct 1, 2019
Jun 25, 2019 $0.7501 Jul 2, 2019
Mar 19, 2019 $0.6213 Mar 26, 2019
Dec 27, 2018 $1.0179 Jan 4, 2019
Full Dividend History

News

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Other symbols: SOXLSOXSSPXL

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Other symbols: SPDNSPXL

Bearish ETF Strategies for a Pessimistic Outlook

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Other symbols: DIAQQQSHSPY

2 Ways to Play the S&P 500 After a Rough First Half

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Other symbols: SPXL

Inverse S&P 500 ETFs to Bet on Bearish Trend

The bearish trend is likely to continue if the past 150 years of stock market history is any guide.

Other symbols: SDSSHSPDNSPXU

Use Alternative ETFs to Hedge Against Further Bumps Down the Road

While U.S. equities enjoyed a strong rebound on Tuesday, short or bearish interest remains and financial strategists warned that more declines are likely with investors too complacent about the possibil...

Stock ETFs Rebound Following Worst Week Since 2020

Stocks and index ETFs continued to rebound off of bear market lows on Tuesday after a sharp sell-off in June as investors weighed the likelihood of a recession and the effect of additional rate hikes fr...

Other symbols: DIAQQQSPY

Winning Inverse ETFs in S&P 500's Worst Week Since 2020

The S&P 500 entered into a bear market last week. Steep Fed rate hike last week and chances of more such hikes in the coming months triggered heightened recessionary fears.

Other symbols: DRVFAZHIBSSMDDSSGTZA

ETFs to Hedge Against Recession Risks

While more sound the alarm on the economy's potential dip into a recession, investors could turn to inverse or bearish exchange traded fund strategies to hedge further risks. After the Federal Reserve e...

Why to Tap Inverse ETFs for This Week

We have concerns like a worsening COVID situation in China, high inflation in the United States, slowdown fears both in the United States and Euro zone as well as looming rate hikes by the ECB.

Other symbols: HIBSQIDREWSKFSPXUTECS

S&P 500 Bulls Show Signs of Life, but Bears Stay Ahead

The S&P 500 ticked about 2% higher during Monday's trading session, giving bulls some reason to cheer as the index showed signs of life. However, it's still the bears who are up in the long term with th...

Other symbols: SPXL

6 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street was downbeat last week, with losses seen in all major indexes.

Bearish ETF Strategies to Hedge Against More Pain Ahead

As major Wall Street Banks warn of further pain ahead after the markets suffered their worst one-day loss in two years, investors can turn to bearish or inverse exchange traded fund strategies to hedge ...

S&P 500 Near Bear Market: Inverse ETFs in Focus

The bearish trend is likely to continue, with some analysts expecting bigger drops.

Other symbols: SDSSHSPDNSPXU

If You're Skeptical on Buying the S&P 500 Dip, Check Out This ETF

It's easy to say “buy the dip” when markets can bounce back quickly from a sell-off, but when investors continue swimming in a sea of red, it can be disconcerting. That said, investors can benefit from ...

Alternative ETF Strategies to Hedge Against a S&P 500 Bear Market

With the S&P 500 inching closer toward a bear market, exchange traded fund investors can still use short or bearish strategies to hedge further downside risks. After dipping more than 2% Monday, the S&P...

Other symbols: SDSSHSPXU

Post-Rate Hike Depression Pulls This Leveraged ETF Higher

Even though the capital markets have already re-adjusted for a rate hike by the Federal Reserve, the post-hike depression has been driving the most recent sell-offs. The Direxion Daily S&P 500 Bear 3X E...

Fed Policy Could Lead to More Market Choppiness

As the S&P 500 continues to head downward, volatility is heading up. As bearishness continues to push the S&P 500 down, bulls are hopeful that a rally will ensue at some point, but in the meantime, chop...

Other symbols: SPXL

Worried About More Pullbacks? Consider Bearish ETFs to Hedge Risk

After a terrible April, the equity markets may still have more pain ahead. If an investor is still worried about further pullbacks, one might consider bearish or short exchange traded fund strategies to...

Other symbols: SDSSHSPXU

Following Morgan Stanley? Tap Inverse S&P 500 ETFs

The S&P 500 is about to decline sharply, Morgan Stanley's Michael J. Wilson cautioned, as quoted on Bloomberg.

Other symbols: SDSSHSPDNSPXU

This Inverse S&P 500 ETF Is up 15% the Past Month

Last Friday's trading session was a reminder that investors are standing on shaky ground when it comes to the markets. The Dow Jones Industrial Average fell by 900 points, marking its worst day since th...

Other symbols: SPXL

Bearish ETFs to Hedge Against a Recession Risk

As the Federal Reserve begins to aggressively tighten its monetary policy and potentially trigger a recession in the process, wary investors could turn to alternative or bearish exchange traded fund str...

As Treasuries Flash Recession Warning, Look to Bearish ETFs to Hedge Risks

As the U.S. Treasury yield curve flashes a warning signal for the equities market, wary investors could look to bearish or short exchange traded funds strategies to hedge recessionary risks down the lin...

Bearish ETF Strategies for Investors Worried About Growth Ahead

As the Federal Reserve embarks on its interest rate hike plans, the bond market is already sounding the alarm for a potential recession ahead. Exchange traded fund investors worried about a slowdown in ...