Direxion Daily S&P 500 Bear 1X ETF (SPDN)
9.615
-0.20
(-2.09%)
USD |
NYSEARCA |
Apr 08, 11:32
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.48% | 0.03% | 308.90M | 100.29M |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 0.00% | 104.19M |
Basic Info
| Investment Strategy | |
| The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the S&P 500 Index. The Fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | Direxion |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 08, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 42.59% |
| Stock | 0.00% |
| Bond | 53.66% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 3.76% |
Basic Info
| Investment Strategy | |
| The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the S&P 500 Index. The Fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | Direxion |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |