SPXS icon

Direxion Daily S&P 500 Bear 3x Shares

7.73 USD
+0.01
0.13%
At close Apr 17, 4:00 PM EDT
After hours
7.68
-0.05
0.65%
1 day
0.13%
5 days
-1.90%
1 month
10.74%
3 months
30.13%
6 months
20.78%
Year to date
22.12%
1 year
-22.78%
5 years
-92.84%
10 years
-99.18%
0
Funds holding %
of 7,407 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

53% more call options, than puts

Call options by funds: $13.5M | Put options by funds: $8.85M

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

10% more funds holding

Funds holding: 40 [Q3] → 44 (+4) [Q4]

1.56% more ownership

Funds ownership: 6.33% [Q3] → 7.9% (+1.56%) [Q4]

2% more capital invested

Capital invested by funds: $29.2M [Q3] → $29.7M (+$507K) [Q4]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for SPXS.

Financial journalist opinion

Negative
ETF Trends
1 week ago
Trade Wars Pushing These 2 ETFs in Different Directions
Trade wars continue to fuel sell-offs in U.S. equities, pushing the S&P 500 down further. The optimism heading into 2025 is giving way to market uncertainty as the post-election rally in November 2024 has lost its momentum.
Trade Wars Pushing These 2 ETFs in Different Directions
Negative
Seeking Alpha
1 week ago
SPXS: Time To Trim Downside Hedges (Rating Downgrade)
The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% (3x) the inverse return of the S&P 500 index. The ETF has surged in value as the S&P 500 retreats from extremely overvalued levels. I outline reasons for reducing hedges such as the SPXS, as well as why they may still make sense in the current environment.
SPXS: Time To Trim Downside Hedges (Rating Downgrade)
Neutral
ETF Trends
2 months ago
Ease S&P 500 Uncertainty Fears With These ETFs
With a new U.S. president at the helm and a Fed that's getting mixed signals from the economy, uncertainty abounds. Traders can ease those fears with leveraged and inverse exchange-traded funds (ETFs) from Direxion's product suite.
Ease S&P 500 Uncertainty Fears With These ETFs
Neutral
Seeking Alpha
2 months 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.
SPXS: S&P 500 Remains Expensive Relative To U.S. And International Alternatives
Positive
ETF Trends
3 months 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.
3 ETFs to Watch as Yields Continue to Creep Higher
Neutral
Zacks Investment Research
3 months 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.
10 Most Heavily Traded ETFs of the Past 3 Months
Positive
ETF Trends
4 months 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.
Bullish Bets Come in for S&P 500 Ahead of New Year
Positive
Benzinga
4 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.
Split Sentiments May Drive Huge Interest In Direxion's SPXL And SPXS Leveraged ETFs
Negative
Seeking Alpha
5 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.
SPXS: Low Dividend Yield Signals Trouble Ahead For The S&P 500
Neutral
Zacks Investment Research
6 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.
10 Most Heavily Traded ETFs of Q3
Charts implemented using Lightweight Charts™