SPXS Direxion Daily S&P 500 Bear 3X ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 24.76 | Day Range | 24.64 – 24.96 |
| 52-Week Range | 23.40 – 44.83 | Volume | 9.12M |
| Avg Volume | 12.22M | AUM | $340.9M (Aug 27, 2026) |
| Expense Ratio | 1.04% | Yield (TTM) | 3.44% |
| NAV | 24.76 | Premium/Discount | 0.00% indicative |
| Inception | Nov 05, 2008 | Holdings | 12 |
| Issuer | Direxion | Exchange | AMEX |
| Category | International | Index Tracked | S&P 500 |
| CUSIP | 25460E190 | ISIN | US25460E1901 |
| Structure | Leveraged 3x Inverse | ||
| Management | Not stated in source data | ||
About this ETF
The Fund seeks daily leveraged investment results. The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P 500 Index.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -9.93% | -6.53% | -29.18% | -30.19% | -41.74% | -44.64% | -34.82% | -42.46% | -44.45% |
| Total return | -9.93% | -5.71% | -27.86% | -28.89% | -39.73% | -42.83% | -33.24% | -41.67% | -44.02% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.04% | Annual cost of a $10,000 investment | $104.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 5 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | S&P 500 INDEX SWAP | — | 158.83% | -138.00K | -$1.05B |
| 2 | GOLDMAN SACHS FIN GOV 465 INSTITUT | — | -8.28% | 54.99M | $55.0M |
| 3 | GOLDMAN FINL SQ TRSRY INST 506 | — | -11.80% | 78.37M | $78.4M |
| 4 | DREYFUS TRSRY SECURITIES CASH MGMT | — | -13.51% | 89.71M | $89.7M |
| 5 | DREYFUS GOVT CASH MAN INS | — | -25.23% | 167.52M | $167.5M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 3.44% | Paid (last 12 months) | $0.8517 |
| Frequency | Quarterly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 23, 2026 | Last payment | $0.2386 (Jun 30, 2026) |
| Growth 1Y | +237.57% | Growth 3Y / 5Y (ann.) | +29.58% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 23, 2026 | Jun 23, 2026 | Jun 30, 2026 | $0.2386 |
| Mar 24, 2026 | Mar 24, 2026 | Mar 31, 2026 | $0.3827 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 31, 2025 | $0.1934 |
| Sep 23, 2025 | Sep 23, 2025 | Sep 30, 2025 | $0.0370 |
| Jun 24, 2025 | Jun 24, 2025 | Jul 01, 2025 | $0.0342 |
| Mar 25, 2025 | Mar 25, 2025 | Apr 01, 2025 | $0.0842 |
| Dec 23, 2024 | Dec 23, 2024 | Dec 31, 2024 | $0.0496 |
| Sep 24, 2024 | Sep 24, 2024 | Oct 01, 2024 | $0.0843 |
| Jun 25, 2024 | Jun 25, 2024 | Jul 02, 2024 | $0.0117 |
| Mar 19, 2024 | Mar 20, 2024 | Mar 26, 2024 | $0.0137 |
| Dec 21, 2023 | Dec 22, 2023 | Dec 29, 2023 | $0.1042 |
| Sep 19, 2023 | Sep 20, 2023 | Sep 26, 2023 | $0.1585 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 38.35% / 44.94% | Sharpe 1Y / 3Y | -1.02 / -0.903 |
| Max drawdown 1Y / 3Y | -46.32% / -85.66% | Sortino 1Y | -1.42 |
| Beta vs S&P 500 (3Y) | -2.92 | Correlation vs S&P 500 (1Y) | -1.03 |
| Downside deviation 1Y | 27.55% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 9.12M | Average volume | 12.22M |
| AUM | $340.9M | Premium/Discount | 0.00% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $2.8M | +0.85% | $336.2M → $339.0M |
| 1 Week | $728.7K | +0.22% | $333.5M → $339.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for SPXS
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.