SPDN:ARCA-Direxion Daily S&P 500 Bear 1X Shares (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 12.14

Change

-0.15 (-1.22)%

Market Cap

USD 0.05B

Volume

4.46M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the S&P 500? Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse exposure to the index. The index is a capitalization-weighted index composed of 500 common stocks. The fund is non-diversified.

Inception Date: 08/06/2016

Primary Benchmark: S&P 500 TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.45 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

+0.03 (+0.28%)

USD 0.99B
SOXS Direxion Daily Semiconductor B.. 0.97 %

+1.98 (+10.59%)

USD 0.76B
PSQ ProShares Short QQQ 0.95 %

+0.30 (+0.78%)

USD 0.65B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

+0.25 (+1.06%)

USD 0.55B
SDOW ProShares UltraPro Short Dow30 0.95 %

+0.08 (+0.60%)

USD 0.32B
YANG Direxion Daily FTSE China Bear.. 1.02 %

+0.12 (+3.41%)

USD 0.22B
DOG ProShares Short Dow30 0.95 %

+0.04 (+0.15%)

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

+0.03 (+0.16%)

USD 0.16B
DUST Direxion Daily Gold Miners Ind.. 1.04 %

+0.13 (+2.73%)

USD 0.11B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

+0.20 (+1.08%)

USD 0.10B

ETFs Containing SPDN

LCR Leuthold Core ETF 3.36 % 0.00 %

-0.06 (-0.17%)

USD 0.09B

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -8.65% 77% C+ 14% F
Dividend Return 1.06% 62% D 46% F
Total Return -7.60% 75% C 14% F
Trailing 12 Months  
Capital Gain -21.22% 73% C 10% F
Dividend Return 5.33% 98% N/A 71% C-
Total Return -15.89% 77% C+ 11% F
Trailing 5 Years  
Capital Gain -56.40% 84% B 9% A-
Dividend Return 4.48% 94% A 14% F
Total Return -51.91% 84% B 8% B-
Average Annual (5 Year Horizon)  
Capital Gain -13.29% 16% F 7% C-
Dividend Return -12.29% 16% F 6% D-
Total Return 1.00% 100% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 15.03% 96% N/A 68% D+
Risk Adjusted Return -81.80% 5% F 3% F
Market Capitalization 0.05B 84% B 32% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.