Direxion Daily S&P 500 Bear 3X Shares (SPXS)
| 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.
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% |
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 |
News
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.
Tactical Trading: How To Play The Field When The Markets Zig-Zag
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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.
Use Alternative ETFs to Hedge Against Further Bumps Down the Road
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Bearish ETF Strategies to Hedge Against More Pain Ahead
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The bearish trend is likely to continue, with some analysts expecting bigger drops.
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...
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...
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...
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.
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...
As Treasuries Flash Recession Warning, Look to Bearish ETFs to Hedge Risks
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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 ...