Direxion Daily S&P 500 Bear 3x Shares (SPXS)
Assets | $723.54M |
Expense Ratio | 1.08% |
PE Ratio | n/a |
Shares Out | n/a |
Dividend (ttm) | $0.55 |
Dividend Yield | 3.49% |
Ex-Dividend Date | Sep 19, 2023 |
Payout Ratio | n/a |
1-Year Return | -44.08% |
Volume | 29,249,714 |
Open | 15.30 |
Previous Close | 15.63 |
Day's Range | 15.29 - 15.94 |
52-Week Low | 12.69 |
52-Week High | 31.42 |
Beta | n/a |
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
-131.41% of assetsName | Symbol | Weight |
---|---|---|
DREYFUS GOVT CASH MAN INS | n/a | 51.58% |
GOLDMAN FINL SQ TRSRY INST 506 | n/a | 27.48% |
GOLDMAN SACHS FIN GOV 465 INSTITUT | n/a | 13.99% |
DREYFUS TRSRY SECURITIES CASH MGMT | n/a | 10.39% |
S&P 500 INDEX SWAP | n/a | -12.17% |
S&P 500 INDEX SWAP | n/a | -16.60% |
S&P 500 INDEX SWAP | n/a | -35.20% |
S&P 500 INDEX SWAP | n/a | -52.10% |
S&P 500 INDEX SWAP | n/a | -52.25% |
S&P 500 INDEX SWAP | n/a | -66.53% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
2023-09-19 | $0.15854 | 2023-09-26 |
2023-06-21 | $0.1581 | 2023-06-28 |
2023-03-21 | $0.23333 | 2023-03-28 |
2020-03-24 | $0.200 | 2020-03-31 |
2019-12-23 | $0.3682 | 2019-12-31 |
2019-09-24 | $0.5606 | 2019-10-01 |
News

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.

These 3 Inverse ETFs Have Been Strong Performers in August
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7 Best Bear Market ETFs to Battle a Market Decline
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Investor Optimism Takes a Hit to Start August
Investor optimism could be taking a hit as recession fears are still swirling about in the capital markets. This could be contributing to a slow start in August, which is historically a tepid market m...

Does an “Elusive Soft Landing” Spell Opportunity for Inverse ETFs?
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Wall Street Bulls and Bears Collide on Direction of S&P 500
With every bullish argument, there's usually a bearish counter. Per a Bloomberg report, Goldman Sachs and Morgan Stanley are at odds on which direction the S&P 500 will take.

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.

Bullish S&P 500 Bets On Rise, Thanks To Retail Traders
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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...

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.

Is a 20% Drop in the S&P 500 Coming? 1 ETF to Play It
Shorts could be salivating if the S&P 500 drops 20%, according to the chief market strategist at FS Investments. If that's the case, then keep the Direxion Daily S&P 500 Bear 3X ETF (SPXS) handy.

Play the S&P 500 Volatility With These 2 ETFs
Bank collapses and interest rates are more than enough to inject a dose of volatility into the stock market, particularly the S&P 500. Within the past month, the CBOE Volatility Index (VIX) is up almo...

Stable Earnings Expectations Should Keep S&P 500 Bulls Appeased
Despite inflation and rising interest rate fears creeping back into the capital markets, the S&P 500 is still up 5% year-to-date. Another catalyst for S&P 500 bulls is relatively stable earnings despi...

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%.

January Inflation Report Put These 4 ETFs on a Roller Coaster Ride
Inflation reports will certainly move the markets in 2023 the same way they did in 2022 — at least until the U.S. Federal Reserve feels it has inflation relatively under control, but that could take s...

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.

S&P 500 Could Rise in the Short Term, But Long Term Still Unknown
There's optimism heading into 2023 for the S&P 500 and after a forgettable 2022, it's justified. However, that could just be short-term positivity since the long-term prospects still reveal a lot of u...

Wall Street Banks See More Weakness in S&P 500 Next Year
After a rough-and-tumble 2022 for the capital markets, things might only be able to get better from here. However, some experts on Wall Street are forecasting more pain ahead for the markets, accordin...

Research Shows Divided Congress Bodes Well for S&P 500
Elections could be a trigger point for investors to pour money back into stocks, and with midterm elections on the minds of investors, this means the S&P 500 could finally see a sustained rally after ...

Time for the S&P 500 to Rally or Not? Either Way, 2 ETFs to Consider
A fourth-quarter rally is underway, but whether or not it can sustain itself is anybody's guess. One thing is for sure, the market volatility is opening up opportunities for traders when it comes to t...

October Rally Could Push This Leveraged S&P ETF Higher
The fourth and final quarter of what's been mostly a forgettable 2022 could end in a rally. At least, that's what early October is hinting at, which could prop up leveraged S&P 500 exchange traded fun...

Large-Cap Bear ETF Edging Out Small-Cap So Far This Year
Despite a brief summer rally, bearish traders have been on the right side of the market for most of 2022. Small-caps can make more pronounced market moves, up or down, but in the case of two leveraged...

Recession Fears Could See the S&P 500 Retest New Lows
As summer starts to wind down, the S&P 500 appears to be cooling down with it. As the Federal Reserve resumes its hawkish stance with its interest rate hiking, recession fears are starting to bring do...

Bearish ETF Strategies to Hedge Against the Fed Outlook
As traders readjust for a more bearish outlook in the wake of the Federal Reserve's hawkish stance, exchange traded fund investors could turn to inverse or short alternative strategies to hedge furthe...

Tactical ETF Strategies to Zig When the Markets Zag
As we consider the risks that the markets face today, investors can turn to tactical exchange traded fund strategies to help better manage risks in these challenging conditions.