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NYSEARCA:SPXS

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

$8.06
+0.38 (+4.95%)
(As of 09/6/2024 ET)
Today's Range
$7.60
$8.11
50-Day Range
$7.06
$9.15
52-Week Range
$7.05
$18.09
Volume
74.89 million shs
Average Volume
33.27 million shs
Market Capitalization
$463.29 million
Assets Under Management
$482.09 million
Dividend Yield
5.54%
Net Expense Ratio
1.07%
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

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Bear Market Warning from the Bond Market?
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
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
11

Fund Statistics

Assets Under Management
$482.09 million
Average Daily Volume
$42.40 million
Discount/Premium
-0.03%
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
52,017
Put Options
3,731
Call Options
48,286
Short Interest
3,790,000 shs

Miscellaneous

Beta
-2.98
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%0.55%0.51%0.52%
Other Expenses0.32%0.30%0.49%0.58%0.54%
Total Expense1.07%0.64%0.71%0.74%0.71%
Fee Waiver0.00%-0.25%-0.53%-0.68%-0.58%
Net Expense1.07%0.61%0.61%0.58%0.59%

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

Top 10 SPXS Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 47.82%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 38.54%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 10.72%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 9.28%
  • S&P 500 INDEX SWAP
    Holding Weight: -13.94%
  • S&P 500 INDEX SWAP
    Holding Weight: -28.95%
  • S&P 500 INDEX SWAP
    Holding Weight: -32.99%
  • S&P 500 INDEX SWAP
    Holding Weight: -42.73%
  • S&P 500 INDEX SWAP
    Holding Weight: -55.64%
  • S&P 500 INDEX SWAP
    Holding Weight: -62.82%

SPXS ETF - Frequently Asked Questions

How have SPXS shares performed this year?

Direxion Daily S&P 500 Bear 3X Shares' stock was trading at $11.55 on January 1st, 2024. Since then, SPXS shares have decreased by 30.2% and is now trading at $8.06.
View the best growth stocks for 2024 here
.

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

Direxion Daily S&P 500 Bear 3X Shares's stock reverse split 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 closing bell 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.

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

Top institutional investors of Direxion Daily S&P 500 Bear 3X Shares include Park Edge Advisors LLC (0.26%), Susquehanna International Group LLP, Renaissance Technologies LLC (0.15%) and Headlands Technologies LLC (0.06%).

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Walt Disney (DIS).

This page (NYSEARCA:SPXS) was last updated on 9/7/2024 by MarketBeat.com Staff

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