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

NYSEARCA: SPXS · Real-Time Price · USD
6.71
-0.17 (-2.40%)
Oct 8, 2024, 3:00 PM EDT - Market open
-2.40%
Assets $476.44M
Expense Ratio 1.07%
PE Ratio n/a
Shares Out 71.23M
Dividend (ttm) $0.44
Dividend Yield 6.58%
Ex-Dividend Date Sep 24, 2024
Payout Ratio n/a
1-Year Return -56.71%
Volume 28,998,006
Open 6.79
Previous Close 6.87
Day's Range 6.69 - 6.82
52-Week Low 6.60
52-Week High 18.09
Beta -2.55
Holdings 11
Inception Date Nov 5, 2008

About SPXS

Fund Home Page

The 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.

Asset Class Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPXS
ETF Provider Direxion
Index Tracked S&P 500

Top 10 Holdings

-120.22% of assets
Name Symbol Weight
DREYFUS GOVT CASH MAN INS n/a 45.83%
GOLDMAN FINL SQ TRSRY INST 506 n/a 41.09%
GOLDMAN SACHS FIN GOV 465 INSTITUT n/a 11.70%
DREYFUS TRSRY SECURITIES CASH MGMT n/a 8.72%
S&P 500 INDEX SWAP n/a -12.45%
S&P 500 INDEX SWAP n/a -30.21%
S&P 500 INDEX SWAP n/a -30.85%
S&P 500 INDEX SWAP n/a -35.73%
S&P 500 INDEX SWAP n/a -50.97%
S&P 500 INDEX SWAP n/a -67.34%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 24, 2024 $0.08428 Oct 1, 2024
Jun 25, 2024 $0.11697 Jul 2, 2024
Mar 19, 2024 $0.13709 Mar 26, 2024
Dec 21, 2023 $0.1042 Dec 29, 2023
Sep 19, 2023 $0.15854 Sep 26, 2023
Jun 21, 2023 $0.1581 Jun 28, 2023
Full Dividend History

News

With Volatility Inevitable, Stay Ready With These ETFs

Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when tr...

4 weeks ago - ETF Trends

S&P Volatility Ahead Opens Door for Short-Term Traders

When volatility hits major market indexes, it can spark a sense of angst. But for short-term traders, market fluctuations open the door for opportunities.

Other symbols: SPXLTECLTECS
7 weeks ago - ETF Trends

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 ...

3 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

Other symbols: SPXL
10 months ago - Benzinga

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...

11 months ago - Seeking Alpha

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, ...

1 year ago - Seeking Alpha

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 ...

1 year ago - Seeking Alpha

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.

1 year ago - Benzinga

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...

1 year ago - Seeking Alpha

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.

1 year ago - Benzinga

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.

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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.

Other symbols: SPXL
1 year ago - Benzinga

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%.

1 year ago - Benzinga

Lessons Of SPXS Decay

Some explanations about leveraged ETFs' non-linear behavior. Leveraged ETFs in biotechnology and semiconductors show large drifts.

1 year ago - Seeking Alpha

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.

Other symbols: SPXL
1 year ago - Benzinga

SPXS Decay Has Worsened In November

Leveraged ETFs have a non-linear behavior. Inverse leveraged ETFs in biotechnology and semiconductors show large drifts.

2 years ago - Seeking Alpha

Decay And Inflation Are Playing Against SPXS

Leveraged ETFs have a non-linear behavior. Biotechnology ETFs LABU and LABD show very large drifts.

2 years ago - Seeking Alpha