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

ETF · Currency in USD
ISIN
US25460E8690
CUSIP
25460E869
Issuer
Direxion
Inception Date
Jun 8, 2016
Region
North America (U.S.)
Category
Inverse Equities
Expense Ratio
0.50%
Index Tracked
S&P 500 Index
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

SPDNPrice 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 13, 2016 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $3,762 for a total return of roughly -62.38%. All prices are adjusted for splits and dividends.


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

SPDNReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-0.68%0.43%
6M-9.80%9.37%
YTD-20.52%22.33%
1Y-23.31%26.59%
5Y-16.65%15.74%
10Y-16.39%15.46%

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 -1.93. 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 (S&P 500)

SPDNDividends

Direxion Daily S&P 500 Bear 1x Shares granted a 0.00% dividend yield in the last twelve months, as of Nov 27, 2021. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20202019201820172016
Dividend$0.00$0.02$0.46$0.39$0.13$0.00

Dividend yield

0.00%0.10%1.88%1.24%0.42%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 (S&P 500)

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 64.89%, recorded on Nov 18, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.89%Jun 28, 20161360Nov 18, 2021
-2.37%Jun 17, 20165Jun 23, 20161Jun 24, 20166

SPDNVolatility Chart

Current Direxion Daily S&P 500 Bear 1x Shares volatility is 13.05%. 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 (S&P 500)

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