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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSEARCA:SPXS

Direxion Daily S&P 500 Bear 3X Shares (SPXS) Price, Holdings, & News

$10.11
+0.10 (+1.00%)
(As of 04/18/2024 ET)
Today's Range
$9.82
$10.16
50-Day Range
$8.73
$10.44
52-Week Range
$8.65
$18.62
Volume
37.18 million shs
Average Volume
27.27 million shs
Market Capitalization
$683.74 million
Assets Under Management
$648.95 million
Dividend Yield
5.71%
Net Expense Ratio
1.09%
SPXS stock logo

About Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS)

Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor's selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange. It invests in sectors, such as information technology, financials, health care, consumer discretionary, consumer staples, energy, industrials, utilities, materials and telecommunication services. Rafferty Asset Management, LLC is the Fund’s investment adviser.

SPXS Stock Price History

SPXS ETF News Headlines

Bear Market Funds to Watch This Year
As investors search for safe havens in volatile markets, bear market funds are gaining popularity as a diversified asset class designed to withstand exceptionally volatile markets. While bear market funds can be appealing during periods of economic downturn due to their potential to produce returns against market movements, these funds can also be exceptionally volatile and risky.
Best Bear Market Funds: Top 3 Investment Options to Consider
As investors search for safe havens in volatile markets, bear market funds are gaining popularity as a diversified asset class designed to withstand exceptionally volatile markets. While bear market funds can be appealing during periods of economic downturn due to their potential to produce returns against market movements, these funds can also be exceptionally volatile and risky.
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily S&P 500 Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SPXS
Inception Date
11/5/2008
Fund Manager
Paul Brigandi, Tony Ng
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
22

Fund Statistics

Assets Under Management
$648.95 million
Average Daily Volume
$30.45 million
Discount/Premium
-0.01%
Leveraged
-3.00

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
52,435
Put Options
8,864
Call Options
43,571
Short Interest
4,440,000 shs

Miscellaneous

Beta
-2.99
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily S&P 500 Bear 3X Shares Expenses

TypeSPXSLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.57%0.54%0.50%0.51%
Other Expenses0.24%0.29%0.54%0.64%0.58%
Total Expense1.13%0.64%0.70%0.74%0.70%
Fee Waiver0.00%-0.19%-0.55%-0.68%-0.57%
Net Expense1.09%0.61%0.60%0.58%0.58%

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

Top 10 SPXS Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 48.45%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 39.73%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 16.29%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 7.77%
  • S&P 500 INDEX SWAP
    Holding Weight: -19.65%
  • S&P 500 INDEX SWAP
    Holding Weight: -28.08%
  • S&P 500 INDEX SWAP
    Holding Weight: -31.88%
  • S&P 500 INDEX SWAP
    Holding Weight: -32.69%
  • S&P 500 INDEX SWAP
    Holding Weight: -33.30%
  • S&P 500 INDEX SWAP
    Holding Weight: -74.76%

SPXS ETF - Frequently Asked Questions

How have SPXS shares performed in 2024?

Direxion Daily S&P 500 Bear 3X Shares' stock was trading at $11.55 at the beginning of 2024. Since then, SPXS stock has decreased by 12.5% and is now trading at $10.11.
View the best growth stocks for 2024 here
.

What does SPXS invest in?

Direxion Daily S&P 500 Bear 3X Shares is a equity fund issued by Direxion. SPXS focuses on large cap investments and follows the S&P 500 Index. The fund's investments total to approximately $648.95 million assets under management.

What is the management fee for Direxion Daily S&P 500 Bear 3X Shares?

Direxion Daily S&P 500 Bear 3X Shares' management fee is 0.75% and has other expenses of 0.24%. The net expense ratio for SPXS is 1.09%.

When did Direxion Daily S&P 500 Bear 3X Shares' stock split?

Direxion Daily S&P 500 Bear 3X Shares shares reverse split before market open on Monday, January 11th 2021. The 1-10 reverse split was announced on Friday, December 4th 2020. The number of shares owned by shareholders was adjusted after the market closes on Friday, January 8th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Direxion Daily S&P 500 Bear 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P 500 Bear 3X Shares investors own include Direxion Daily Small Cap Bear 3X Shares (TZA), Tesla (TSLA), Johnson & Johnson (JNJ), NVIDIA (NVDA), Boeing (BA), Block (SQ), Walt Disney (DIS), Netflix (NFLX), ProShares UltraPro Short QQQ (SQQQ) and Zoom Video Communications (ZM).

Who are Direxion Daily S&P 500 Bear 3X Shares' major shareholders?

Direxion Daily S&P 500 Bear 3X Shares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (3.63%) and PayPay Securities Corp (0.01%).

How do I buy shares of Direxion Daily S&P 500 Bear 3X Shares?

Shares of SPXS 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:SPXS) was last updated on 4/19/2024 by MarketBeat.com Staff

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