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Direxion Daily S&P 500 Bear 1x Shares (SPDN)

ETF · Currency in USD · Last updated May 17, 2022

SPDN is a passive ETF by Direxion tracking the investment results of the S&P 500 Index. SPDN launched on Jun 8, 2016 and has a 0.50% expense ratio.

ETF Info

  • ISINUS25460E8690
  • CUSIP25460E869
  • IssuerDirexion
  • Inception DateJun 8, 2016
  • RegionNorth America (U.S.)
  • CategoryInverse Equities
  • Expense Ratio0.50%
  • Index TrackedS&P 500 Index
  • ETF Home Pagewww.direxion.com
  • Asset ClassEquity
  • Asset Class Size

    Multi-Cap
  • Asset Class Style

    Growth

Trading Data

  • Previous Close$16.29
  • Year Range$13.96 - $16.62
  • EMA (50)$15.40
  • EMA (200)$15.27
  • Average Volume$3.69M

SPDNShare Price Chart


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SPDNPerformance

The chart shows the growth of $10,000 invested in Direxion Daily S&P 500 Bear 1x Shares on Jun 9, 2016 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $4,233 for a total return of roughly -57.67%. All prices are adjusted for splits and dividends.


SPDN (Direxion Daily S&P 500 Bear 1x Shares)
Benchmark (^GSPC)

SPDNReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M8.67%-8.76%
YTD15.94%-15.91%
6M13.36%-14.41%
1Y-0.37%-3.97%
5Y-13.29%10.80%
10Y-13.49%11.34%

SPDNMonthly Returns Heatmap


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SPDNSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily S&P 500 Bear 1x Shares Sharpe ratio is -0.03. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


SPDN (Direxion Daily S&P 500 Bear 1x Shares)
Benchmark (^GSPC)

SPDNDividend History

Direxion Daily S&P 500 Bear 1x Shares granted a 0.00% dividend yield in the last twelve months, as of May 17, 2022. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202120202019201820172016
Dividend$0.00$0.00$0.02$0.46$0.39$0.13$0.00

Dividend yield

0.00%0.00%0.10%1.89%1.26%0.43%0.00%

SPDNDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


SPDN (Direxion Daily S&P 500 Bear 1x Shares)
Benchmark (^GSPC)

SPDNWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily S&P 500 Bear 1x Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily S&P 500 Bear 1x Shares is 65.72%, recorded on Dec 29, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.72%Jun 28, 20161387Dec 29, 2021
-2.37%Jun 17, 20165Jun 23, 20161Jun 24, 20166

SPDNVolatility Chart

Current Direxion Daily S&P 500 Bear 1x Shares volatility is 34.71%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


SPDN (Direxion Daily S&P 500 Bear 1x Shares)
Benchmark (^GSPC)

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