Direxion Daily S&P 500 Bear 1X SharesSPDN
SPDN
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
20% more funds holding
Funds holding: 35 [Q3] → 42 (+7) [Q4]
3.87% more ownership
Funds ownership: 52.53% [Q3] → 56.39% (+3.87%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
6% less capital invested
Capital invested by funds: $82.8M [Q3] → $77.4M (-$5.37M) [Q4]
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
39% less call options, than puts
Call options by funds: $346K | Put options by funds: $567K
Research analyst outlook
We haven’t received any recent analyst ratings for SPDN.
Financial journalist opinion
Negative
Seeking Alpha
7 months ago
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.
Positive
Benzinga
9 months ago
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.
Positive
Zacks Investment Research
1 year ago
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.
Positive
InvestorPlace
1 year ago
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.
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