Direxion Daily S&P 500 Bear 3x Shares
SPXS
Market cap $492M

6.45 USD

+0.09

1.42%

Updated Oct 22, 10:49 AM EDT

1 day

1.42%

5 days

-0.31%

1 month

-5.84%

3 months

-13.65%

6 months

-36.14%

Year to date

-45.11%

1 year

-61.33%

5 years

-96.14%

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

833% more call options, than puts

Call options by funds: $13.3M | Put options by funds: $1.43M

28% more capital invested

Capital invested by funds: $35.3M [Q1] → $45.3M (+$9.93M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

3.92% less ownership

Funds ownership: 13.11% [Q1] → 9.2% (-3.92%) [Q2]

10% less funds holding

Funds holding: 42 [Q1] → 38 (-4) [Q2]

31% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 13

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Research analyst outlook

We haven’t received any recent analyst ratings for SPXS.

See Analyst Rankings

Financial journalist opinion

SPXS: Low Dividend Yield Signals Trouble Ahead For The S&P 500

The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% of the inverse return of the S&P 500 index. Near-term peaks and bottoms in the S&P 500 dividend yield have marked major market reversal points in the past. The dividend yield on the SPDR S&P 500 ETF Trust stands at just 1.20%, marginally above all-time lows.

SPXS: Low Dividend Yield Signals Trouble Ahead For The S&P 500

Zacks Investment Research

10 Most Heavily Traded ETFs of Q3

We have highlighted 10 ETFs that have seen higher average volumes in the third quarter and are thus the top 10 funds in terms of trading volume.

10 Most Heavily Traded ETFs of Q3

With Volatility Inevitable, Stay Ready With These ETFs

Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when trading the S&P 500 and big tech, they can use leveraged/inverse ETFs from Direxion.

With Volatility Inevitable, Stay Ready With These ETFs

S&P Volatility Ahead Opens Door for Short-Term Traders

When volatility hits major market indexes, it can spark a sense of angst. But for short-term traders, market fluctuations open the door for opportunities.

S&P Volatility Ahead Opens Door for Short-Term Traders

2 ETFs for a Steady S&P Climb and a Potential Correction

A slow but steady summer climb in the S&P 500 has been evident by the low volatility. But the possibility of a potential correction means traders can be prepared with a pair of leveraged ETFs from Direxion.

2 ETFs for a Steady S&P Climb and a Potential Correction

SPXS: The Timing Might Be Right Again

Timing is crucial when trading leveraged ETFs like SPXS, these funds are not meant for long-term investment. Current economic indicators suggest downward pressure on stocks, making SPXS a speculative bearish wager. Market conditions, high valuations, and political uncertainty indicate potential catalysts for a market correction.

SPXS: The Timing Might Be Right Again

Keep These 2 ETFs Handy in Case of a Market Correction

When stock market indexes experience sharp drawdowns, it can hit traders swiftly and unexpectedly. That said, market navigators can prepare themselves and potentially profit using inverse ETFs; two ETFs in particular from Direxion Investments.

Keep These 2 ETFs Handy in Case of a Market Correction

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.

Bear Market Funds to Watch This Year

Rough Q2 Start Puts Bearish S&P 500 ETF in Play

The S&P 500 has been touching new highs after a rocky start to the first quarter of 2024, and is doing the same thing again at the start of Q2. While market corrections will happen invariably, it's a reminder that traders can always take advantage of any short-term weakness.

Rough Q2 Start Puts Bearish S&P 500 ETF in Play

3 Bear ETFs to Consider as Treasury Yields Climb

Increased optimism in rate cuts may be slowly dissipating as the economy continues to run hot and inflation remains sticky. That opens opportunities in bearish exchange-traded funds (ETFs) as investors continue hoping for a rate cut that may not come as quickly as they had hoped for.

3 Bear ETFs to Consider as Treasury Yields Climb

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Charts implemented using Lightweight Charts™