NYSEARCA:SPDN

Direxion Daily S&P 500 Bear 1x Shares (SPDN) Price, Holdings, & News

$12.67
-0.15 (-1.17%)
(As of 04/23/2024 ET)
Today's Range
$12.65
$12.77
50-Day Range
$12.17
$12.92
52-Week Range
$12.12
$15.81
Volume
5.57 million shs
Average Volume
3.65 million shs
Market Capitalization
$177.38 million
Assets Under Management
$187.09 million
Dividend Yield
1.26%
Net Expense Ratio
0.49%
SPDN stock logo

About Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN)

The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is managed by Direxion.

SPDN Stock Price History

SPDN ETF News Headlines

Direxion Daily S&P 500 Bear 1X Shares (SPDN)
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily S&P 500 Bear 1x Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SPDN
Inception Date
6/8/2016
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P 500 Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
10

Fund Statistics

Assets Under Management
$187.09 million
Average Daily Volume
$4.91 million
Discount/Premium
0.01%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
10
Put Options
1
Call Options
10
Short Interest
569,700 shs

Miscellaneous

Beta
-0.99
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily S&P 500 Bear 1x Shares Expenses

TypeSPDNLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.35%0.57%0.54%0.50%0.51%
Other Expenses0.20%0.29%0.54%0.64%0.58%
Total Expense0.55%0.63%0.70%0.74%0.70%
Fee Waiver-0.06%-0.19%-0.55%-0.68%-0.57%
Net Expense0.49%0.61%0.60%0.57%0.58%

Direxion Daily S&P 500 Bear 1x Shares (SPDN) Holdings

Top 5 SPDN Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 83.94%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 13.15%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 0.00%
  • S&P 500 INDEX SWAP
    Holding Weight: -32.84%
  • S&P 500 INDEX SWAP
    Holding Weight: -67.16%

SPDN ETF - Frequently Asked Questions

How have SPDN shares performed in 2024?

Direxion Daily S&P 500 Bear 1x Shares' stock was trading at $13.29 at the beginning of the year. Since then, SPDN shares have decreased by 4.7% and is now trading at $12.67.
View the best growth stocks for 2024 here
.

What does SPDN invest in?

Direxion Daily S&P 500 Bear 1x Shares is a equity fund issued by Direxion. SPDN focuses on large cap investments and follows the S&P 500 Index. The fund's investments total to approximately $187.09 million assets under management.

What is the management fee for Direxion Daily S&P 500 Bear 1x Shares?

Direxion Daily S&P 500 Bear 1x Shares' management fee is 0.35% and has other expenses of 0.20%. However, SPDN has a fee waiver of -0.06% to reimburse the expenses. The net expense ratio for SPDN is 0.49%.

What other stocks do shareholders of Direxion Daily S&P 500 Bear 1x Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P 500 Bear 1x Shares investors own include Advanced Micro Devices (AMD), SPDR Gold Shares (GLD), Graniteshares Gold Trust (BAR), Alibaba Group (BABA), Boeing (BA), AngloGold Ashanti (AU), Activision Blizzard (ATVI), Anika Therapeutics (ANIK), Assurant (AIZ) and Agnico Eagle Mines (AEM).

Who are Direxion Daily S&P 500 Bear 1x Shares' major shareholders?

Direxion Daily S&P 500 Bear 1x Shares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Kaydan Wealth Management Inc. (10.40%), One Plus One Wealth Management LLC (1.60%) and Maltin Wealth Management Inc. (0.43%).

How do I buy shares of Direxion Daily S&P 500 Bear 1x Shares?

Shares of SPDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SPDN) was last updated on 4/24/2024 by MarketBeat.com Staff

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