SPXS - Direxion Daily S&P 500 Bear 3X ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
25.27
-1.03 (-3.92%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close26.30
Open25.71
Bid0.00 x 3000
Ask0.00 x 1100
Day's Range25.11 - 25.97
52 Week Range20.83 - 38.49
Volume6,418,311
Avg. Volume8,056,076
Net Assets301.61M
NAV30.92
PE Ratio (TTM)N/A
Yield0.58%
YTD Return3.44%
Beta (3Y Monthly)-2.87
Expense Ratio (net)0.95%
Inception Date2008-11-05
Trade prices are not sourced from all markets
  • ETF Trends3 days ago

    Traders Are Flocking to These Bearish ETFs

    Entering Tuesday, the S&P 500 was sporting a year-to-date gain of nearly 3%. Data suggest traders are embracing inverse ETFs, including the ProShares Short S&P500 (SH) , one of the largest and most heavily traded inverse exchange traded funds in the U.S. Rather, the ProShares product is designed to deliver the daily inverse performance of the S&P 500.

  • Inverse Leveraged ETFs Swell With Assets: Alarm Bells Ringing?
    Zacks3 days ago

    Inverse Leveraged ETFs Swell With Assets: Alarm Bells Ringing?

    Inverse leveraged S&P ETFs are gaining considerable assets of late. Is this an alarming sign for the markets?

  • ETF Trends10 days ago

    Traders Flock to a Bearish S&P 500 ETF

    The S&P 500 is rallying to start 2019, but some traders are expressing a different with the ProShares Short S&P500 (SH) , one of the largest and most heavily traded inverse exchange traded funds in the U.S. Rather, the ProShares product is designed to deliver the daily inverse performance of the S&P 500. For example, if the S&P 500 falls by 1% on a particular day, SH should rise by a similar amount.

  • Zacks26 days ago

    Bad Week Gets Even Worse on Friday

    Bad Week Gets Even Worse on Friday

  • Zacks29 days ago

    Stocks Still Angry at the Fed; Drop Another 1.5%+

    Stocks Still Angry at the Fed; Drop Another 1.5%+

  • ETF Trends29 days ago

    Investor Fear Stokes Fire for Leveraged Bear ETF

    As the S&P 500 fell 1.58 percent, SPXS fed off the declines with a 4.81 percent gain on Thursday. The markets were set adrift in a sea of red following Wednesday's announcement by the Federal Reserve that it will raise interest rates by another 25 basis points. Federal Reserve Chair Jerome Powell sent dovish signals with the prospect of only two rate hikes rather than three, but the capital markets apparently didn't see enough doves.

  • ETF Trendslast month

    A Leveraged Bear ETF to Take Advantage of Investor Pessimism

    S&P 500 bear traders are feeling optimistic about the pessimism retail investors are exhibiting, which makes a prime play for the  Direxion Daily S&P 500 Bear 3X ETF (SPXS) . According to a survey by the American Association of Individual Investors, close to half feel the S&P 500 will be in negative territory in six months. The 48.9 percent who see the S&P 500 in the red in six months' time registers the highest reading since April 2013.

  • Inverse & Leveraged ETFs: What Investors Need to Know
    Zackslast month

    Inverse & Leveraged ETFs: What Investors Need to Know

    Market volatility is back. Here is what investors need to know about using inverse & leveraged ETFs to make money from wild swings.

  • How To Profit From Market Volatility Using Inverse & Leveraged ETFs
    Zackslast month

    How To Profit From Market Volatility Using Inverse & Leveraged ETFs

    Market volatility is back. Here is what investors need to know about using inverse & leveraged ETFs to make money from wild swings.

  • ETF Trendslast month

    10 ETF Strategies to Stay Ahead of the Bearish Turn

    As the equity market continues to pullback and more or less erase gains for the year, concerned investors can take on some exposure to bearish or inverse ETFs to hedge against further falls. For example, the ProShares Short S&P500 (SH) takes a simple inverse or -100% daily performance of the S&P 500 index. Alternatively, for the more aggressive trader, leveraged options include the ProShares UltraShort S&P500 ETF (SDS) , which tries to reflect the -2x or -200% daily performance of the S&P 500, the Direxion Daily S&P 500 Bear 3x Shares (SPXS) , which takes the -3x or -300% daily performance of the S&P 500, and ProShares UltraPro Short S&P 500 ETF (SPXU) , which also takes the -300% daily performance of the S&P 500.

  • Inverse ETFs Offer Chance To Make Money When Stock Market Falls
    Investor's Business Dailylast month

    Inverse ETFs Offer Chance To Make Money When Stock Market Falls

    Using inverse ETFs can offer a chance to make money even when the stock market is heading south. But how do they work and how safe are they?

  • ETF Trendslast month

    S&P 500 Dips Below 200-Day Moving Average as ‘Death Cross’ Looms

    Trade war fears seeped back into the markets as investor optimism surrounding the tariff war ceasefire between U.S. President Donald Trump and Chinese president Xi Jinping faded, causing the S&P 500 to dip below its 200-day moving average while the "death cross," a technical chart pattern term that could signal a major sell-off, looms. The Dow Jones Industrial Average fell over 700 points on Tuesday while the S&P 500 followed its lead, declining over 2%. As the S&P 500 crossed below its 200-day moving average, the 50-day moving average was in its sight, signaling a possible "death cross"--when a short-term moving average falls below the long-term moving average--a forecast that more pain could be ahead for U.S. equities.

  • 3 months ago

    ETF Plays for a Divided Midterm Elections

    With a contentious midterms election season coming up, many anticipate a split government that could potentially impact the way ETF investors ride the markets ahead. Some expectations point to Democrats winning back the House of Representatives and the Republicans maintaining a narrow hold on the Senate - Republicans currently dominate both chambers. "If the consensus expectation of a divided government turns out to be correct, the most likely political consequences would be an increase in investigations and uncertainty surrounding fiscal deadlines," David Kostin, Goldman's chief U.S. equity strategist, said in a note.

  • ETF Trends3 months ago

    U.S. Stock ETFs Should Shrug Off Volatility

    While investors may be questioning their equity exposure after the recent bout of volatility, U.S. stock ETFs may still find support from strong fundamentals. Sam Stovall, Chief Investment Strategist of U.S. Equity Strategy at CFRA, pointed out in a recent research note that since October, the S&P 500 has witnessed a 40% surge in average intra-day volatility, compared to the first nine months of the year.

  • ETF Trends4 months ago

    ETF Investors Shouldn’t Be Too Worried About October Jinx

    Historically, the Dow Jones Industrial Average returned an average 0.6% over October, which has made it the seventh-best month of the year. The S&P 500 typically added 0.9% over October, which is also good enough for seventh place, with the same ratio of positive October months to negative ones as the Dow. Meanwhile, the Nasdaq Composite Index's October was historically the eighth-best month of the year, going back 46 years.

  • ETF Trends4 months ago

    Bearish ETF Strategies to Help Hedge Midterm Volatility

    Investors are turning to the options market to hedge bets ahead of the U.S. midterm elections. ETF investors can also plan for potential political risk ahead with bearish or inverse exchange traded funds. The fall months have traditional been a seasonally volatile period for the equity market, and this year, the midterm elections on November 6 will add to the uncertainty as voters head to the polls and determine whether Republicans will maintain control over Congress or lose ground to Democrats, writes Gunjan Banerji for the Wall Street Journal.

  • ETF Trends4 months ago

    10 Alternative ETFs for a Historically Volatile Month of the Year

    Equity investors who are wary of any further swings can look to alternative ETF strategies to limit the potential risks. According to data from "Stock Trader's Almanac," the month of September has been the worst performing month of the year for the Dow Jones Industrial Average and the S&P 500 since 1950, the worst for the Nasdaq since 1971, and the most difficult for the Russell 1000 and Russell 2000 since 1979, CNBC reports.

  • ETF Trends6 months ago

    10 Inverse ETFs to Hedge Against Further Stock Market Risks

    Morgan Stanley's chief U.S. equity strategist Michael Wilson warned the equity market is heading toward a destructive phase, CNBC reports. "The Nasdaq could correct by 15 percent plus, the S&P 500 probably goes down about 10 [percent]," Wilson told CNBC.

  • Trump Slaps Further Tariffs: Profit From Inverse ETFs
    InvestorPlace6 months ago

    Trump Slaps Further Tariffs: Profit From Inverse ETFs

    Trade tensions, especially between the world’s two largest economies, have been playing foul on the stock market over the past several months. The new tariff will go into effect sometime after Aug 30. China’s commerce ministry called the U.S. actions “completely unacceptable” and warned of retaliatory moves.

  • Trump Slaps Further Tariffs: Profit from Inverse ETFs
    Zacks6 months ago

    Trump Slaps Further Tariffs: Profit from Inverse ETFs

    The latest shot in the escalating trade dispute could prove to be catastrophic for stocks, thereby raising the appeal for inverse or leveraged inverse ETFs that could generate big gains in a short span.

  • Ride the Coming Bear Market with These Leveraged ETFs
    InvestorPlacelast year

    Ride the Coming Bear Market with These Leveraged ETFs

    For starters, you MUST have a diversified long-term portfolio with many forms of low-volatility, non-correlated investments like The Liberty Portfolio, my stock advisory newsletter. The Liberty Portfolio is specifically designed for all market periods, up or down, bull or bear. The simplest and most straightforward leveraged ETFs move on a bear stock market is the Direxion Daily S&P 500 Bear 3x ETF (NYSEARCA:SPXS).