SPDN — Direxion Daily S&P 500 Bear 1x Shares
Direxion Daily S&P 500 Bear 1x Shares (ticker: SPDN) is a equity ETF issued by Rafferty Asset Management tracking S&P 500 Index. It was launched on 2016-06-08.
About SPDN
The Direxion Daily S&P 500 Bear 1x Shares (SPDN) is an inverse equity ETF. It aims to provide 100% inverse (opposite) exposure to the daily performance of the S&P 500 Index.
SPDN is designed for investors seeking to profit from a decline in large-cap U.S. equities, or to hedge existing long positions in the S&P 500 Index.
- SPDN is an inverse equity ETF offering 1x inverse exposure to the S&P 500 Index.
- The fund was incepted on June 8, 2016, and has an expense ratio of 0.47%.
- It holds 10 positions, primarily consisting of S&P 500 Index swaps.
- As of its last report, SPDN manages approximately $203 million in assets.
- This ETF is designed for short-term trading and not intended for long-term holding.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.11% |
| 1 Week | 2.56% |
| 1 Month | 0.11% |
| 3 Months | -8.69% |
| 6 Months | -6.86% |
| YTD | -6.36% |
| 1 Year | -15.92% |
| 3 Years | -33.06% |
| 5 Years | -36.79% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | — |
| 2 | S&P 500 INDEX SWAP | SPXBC | — |
| 3 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | — |
| 4 | S&P 500 INDEX SWAP | SPXBC | — |
| 5 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | — |
| 6 | S&P 500 INDEX SWAP | SPXBC | — |
| 7 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | — |
| 8 | S&P 500 INDEX SWAP | SPXBC | — |
| 9 | S&P 500 INDEX SWAP | SPXBC | — |
| 10 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | — |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Inverse Equities |
| Segment | Inverse Equity: U.S - Large Cap |
| Region | North America |
| Index Tracked | S&P 500 Index |
| Inception Date | 2016-06-08 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | SPDN |
|---|---|
| Full Name | Direxion Daily S&P 500 Bear 1x Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.00% |
| AUM | $239.04M |
| Inception | 2016-06-08 |
| Index Tracked | S&P 500 Index |
Frequently Asked Questions
What does SPDN track?
SPDN (Direxion Daily S&P 500 Bear 1x Shares) tracks S&P 500 Index, a equity benchmark.
What is the expense ratio of SPDN?
SPDN has an expense ratio of 0.00% per year.
What is the AUM of SPDN?
SPDN has approximately $239.04M in assets under management.
Does SPDN pay a dividend?
SPDN distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues SPDN?
SPDN is issued by Rafferty Asset Management under the Direxion brand, launched on 2016-06-08.
Open the interactive SPDN dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.