SPDN

Direxion Daily S&P 500 Bear 1X Shares
*Unless otherwise stated, data provided by FactSet.

SPDN Fund Description

SPDN provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&P’s index committee.

SPDN Factset Analytics Insight

SPDN offers a one-day bet against the S&P 500. With its committee-selected holdings across various industry groups, the index effectively captures the US large-cap space. This covers approximately 80% of the US investable universe. The constituents are then market-cap-weighted and rebalanced on a quarterly basis. Like most geared ETFs, the fund is designed to deliver its inverse exposure to the underlying index for one trading day only. Long-term returns could materially differ from those of the underlying index due to daily compounding. As such, SPDN is inherently a short-term tactical instrument and not a long-term investment vehicle.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPDN -8.12% -1.27% 10.39% 1.17% -16.78% -13.60% --
SPDN (NAV) -8.12% -1.26% 10.39% 1.08% -16.78% -13.60% --
S&P 500 8.73% -0.06% -12.05% -4.67% 14.18% 12.94% 13.79%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPDN Summary Data

Direxion
06/08/16
Open-Ended Fund
0.49%
$379.62M
0.06%

SPDN Portfolio Data

0.10%
N/A

SPDN Index Data

S&P 500
Market Cap
Committee
N/A

SPDN Fund Structure

Yes
No
-- / --
N/A
N/A
Low
-1
Daily

SPDN Tax Exposures

20.00% / 39.60%
--
No

SPDN Factset Analytics Block Liquidity

As of 08/04/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SPDN. SPDN is rated a 5 out of 5.

SPDN Tradability

3,869,804
$64.46M
3,614,481
$60.83M
0.06%
$0.01
0.00%
1.66% / -0.17%
None
99.00%
50,000
72.29
0.00%
--
3,095
$15.51
5