SPXS Direxion Daily S&P 500 Bear 3X ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 23.77 | Day Range | 23.29 – 23.68 |
| 52-Week Range | 23.04 – 44.83 | Volume | 9.33M |
| Avg Volume | 12.16M | AUM | $336.8M (Oct 10, 2026) |
| Expense Ratio | 1.04% | Yield (TTM) | 4.94% |
| NAV | 23.77 | Premium/Discount | -1.68% 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 Oct 10, 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 | -7.26% | -9.07% | -34.13% | -34.11% | -37.31% | -46.29% | -35.99% | -42.95% | -44.41% |
| Total return | -7.26% | -9.07% | -33.53% | -32.88% | -35.78% | -44.74% | -34.44% | -42.16% | -43.98% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 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 Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 11 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SPX SWAP ASSET LEG (SPXBCS) | — | 63.69% | -52.66K | -$408.9M |
| 2 | SPX SWAP ASSET LEG (SPXGSS) | — | 36.77% | -30.40K | -$236.1M |
| 3 | SPX SWAP ASSET LEG (SPXCTS) | — | 15.28% | -12.64K | -$98.1M |
| 4 | SPX SWAP ASSET LEG (SPXJPS) | — | 15.18% | -12.55K | -$97.4M |
| 5 | SPX SWAP ASSET LEG (SPXUBS) | — | 10.31% | -8.52K | -$66.2M |
| 6 | SPX SWAP ASSET LEG (SPXBPS) | — | 8.16% | -6.75K | -$52.4M |
| 7 | SPX SWAP ASSET LEG (SPXMLS) | — | 7.98% | -6.60K | -$51.3M |
| 8 | DREYFUS TRSRY SECURITIES CASH MGMT | — | -8.61% | 55.30M | $55.3M |
| 9 | GOLDMAN FINL SQ TRSRY INST 506 | — | -10.60% | 68.05M | $68.1M |
| 10 | GOLDMAN SACHS FIN GOV 465 INSTITUT | — | -12.47% | 80.04M | $80.0M |
| 11 | DREYFUS GOVT CASH MAN INS | — | -25.70% | 164.98M | $165.0M |
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) | 4.94% | Paid (last 12 months) | $1.1533 |
| Frequency | Quarterly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 22, 2026 | Last payment | $0.3387 (Sep 29, 2026) |
| Growth 1Y | +462.60% | Growth 3Y / 5Y (ann.) | +28.00% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 22, 2026 | Sep 22, 2026 | Sep 29, 2026 | $0.3387 |
| 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 |
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 | 38.38% / 44.79% | Sharpe 1Y / 3Y | -1.05 / -0.955 |
| Max drawdown 1Y / 3Y | -47.00% / -85.84% | Sortino 1Y | -1.42 |
| Beta vs S&P 500 (3Y) | -2.92 | Correlation vs S&P 500 (1Y) | -1.03 |
| Downside deviation 1Y | 28.49% | Risk-free rate used | 4.05% (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 Oct 11, 2026. Formulas →
Liquidity
| Volume today | 9.33M | Average volume | 12.16M |
| AUM | $336.8M | Premium/Discount | -1.68% |
| 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 | $5.8M | +1.77% | $330.9M → $336.8M |
| 1 Month | -$5.0M | -1.35% | $366.3M → $336.8M |
| 1 Week | $26.8M | +8.38% | $319.9M → $336.8M |
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.