Direxion Daily S&P 500 Bear 1X Shares

SPDN

Market cap $126M

Overview Fund Activity

9.78 USD

-0.05

0.51%

At close Updated Sep 15, 4:00 PM EDT

Pre-market

After hours

9.79

+0.01

0.1%

1 day

-0.51%

5 days

-1.71%

1 month

-2.2%

3 months

-8.51%

6 months

-15.03%

Year to date

-11.41%

1 year

-15.47%

5 years

-52.52%

10 years

-75.73%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

5.13% less ownership

Funds ownership: 62.67% [Q1] → 57.55% (-5.13%) [Q2]

18% less funds holding

Funds holding: 60 [Q1] → 49 (-11) [Q2]

26% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 19

42% less capital invested

Capital invested by funds: $124M [Q1] → $72.3M (-$51.5M) [Q2]

52% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 21

67% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 2 (-4) [Q2]

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $4.82M

See Fund Rankings

Financial journalist opinion

All Time Highs? Can't Bear It?

2025 has been a rollercoaster ride for traders. After quickly dropping nearly 20% during the tariff sell-off, the S&P 500® Index* has rapidly rebounded from its April low to fresh all-time highs.

All Time Highs? Can't Bear It?

Betting Against The Market With The SPDN ETF

The SPDN ETF offers a way to bet against the market, moving inversely to the S&P 500, but it's not for long-term holding. Market's muted response to rate cuts suggests they're already priced in; high S&P 500 P/E ratio supports this sentiment. Weak economic data, potential oil price spikes, and slowing consumer demand could negatively impact market valuations and company earnings.

Betting Against The Market With The SPDN ETF

Direxion's Inverse ETF SPDN Allows Investors To Profit From Market Carnage

Wall Street is on the verge of inking a conspicuous downcycle for the week, with the major indices flashing red in late-afternoon trading on Friday. The benchmark S&P 500 is down about 0.7% against Thursday's close, and is about to book a loss of more than 2% for the business week ending July 19.

Direxion's Inverse ETF SPDN Allows Investors To Profit From Market Carnage

Zacks Investment Research

Inverse ETFs to Play Now on Middle East Tension & Rising Rates?

Wall Street wavered this week on high inflation data which lowered chances of an imminent Fed rate cut. Plus, geopolitical tension in Middle East has weighed on stocks.

Bear Market Bets: 7 Inverse ETFs for Contrarian Investors

While the buy-and-hold strategy makes the most intuitive sense, it's boring, which invariably leads curious investors down the path toward inverse ETFs. Just like any other exchange-traded fund, these bear trades represent a basket of securities under a single umbrella.

See News Rankings

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