Direxion Daily S&P 500 Bear 3x SharesSPXS
SPXS
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
214% more call options, than puts
Call options by funds: $16.9M | Put options by funds: $5.39M
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3% more funds holding
Funds holding: 38 [Q2] → 39 (+1) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
3.08% less ownership
Funds ownership: 9.44% [Q2] → 6.36% (-3.08%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
37% less capital invested
Capital invested by funds: $46.4M [Q2] → $29.3M (-$17.2M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for SPXS.
Financial journalist opinion
Based on 3 articles about SPXS published over the past 30 days
Neutral
Seeking Alpha
1 week ago
SPXS: S&P 500 Remains Expensive Relative To U.S. And International Alternatives
The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% (3x) of the inverse return of the S&P 500. SPXS is a poor long-term holding but presents a compelling opportunity to add downside protection to your portfolio in the near term. The S&P 500 trades at a 1-2% lower earnings yield relative to small-and-mid cap US stocks despite smaller benefits from the stellar US growth forecast for 2025.
Positive
ETF Trends
2 weeks ago
3 ETFs to Watch as Yields Continue to Creep Higher
Inflation appears to be stubborn and persistent. That's providing entry points for three Direxion inverse ETFs for traders looking to capitalize on rising yields.
Neutral
Zacks Investment Research
3 weeks ago
10 Most Heavily Traded ETFs of the Past 3 Months
We have highlighted 10 ETFs that have seen higher average volumes over the past three months.
Positive
ETF Trends
1 month ago
Bullish Bets Come in for S&P 500 Ahead of New Year
The S&P 500 continues to march higher, reaching over 27% year to date. Bullish bets for 2025 are already coming for the index, with the most ambitious target being a price target of 7,100 from ETF provider Oppenheimer.
Positive
Benzinga
2 months ago
Split Sentiments May Drive Huge Interest In Direxion's SPXL And SPXS Leveraged ETFs
Up until earlier Wednesday morning, bullish investors had every reason for fueled optimism. Yesterday, big-box retailing giant Walmart Inc WMT delivered strong third-quarter results, posting adjusted earnings per share of 58 cents.
Negative
Seeking Alpha
3 months ago
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.
Neutral
Zacks Investment Research
4 months ago
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.
Neutral
ETF Trends
4 months ago
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.
Neutral
ETF Trends
5 months ago
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.
Neutral
ETF Trends
6 months ago
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.
Charts implemented using Lightweight Charts™