SPXS:ARCA-Direxion Daily S&P 500 Bear 3X (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 8.52

Change

-0.32 (-3.62)%

Market Cap

USD 0.18B

Volume

0.03B

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% 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: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P 500? Index. The index is a capitalization-weighted index composed of 500 common stocks. The fund is non-diversified.

Inception Date: 05/11/2008

Primary Benchmark: S&P 500 TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.96%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

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
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

+0.03 (+0.27%)

USD 0.14B
DUST Direxion Daily Gold Miners Ind.. 1.04 %

+0.13 (+2.73%)

USD 0.11B

ETFs Containing SPXS

N/A

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 -26.23% 23% F 5% F
Dividend Return 1.19% 79% B- 49% F
Total Return -25.05% 23% F 5% F
Trailing 12 Months  
Capital Gain -50.38% 16% F 3% F
Dividend Return 3.25% 38% F 48% F
Total Return -47.13% 14% F 4% F
Trailing 5 Years  
Capital Gain -95.79% 18% F 1% F
Dividend Return 1.22% 25% F 4% F
Total Return -94.57% 20% F 1% F
Average Annual (5 Year Horizon)  
Capital Gain 246.53% 88% B+ 99% N/A
Dividend Return 247.24% 88% B+ 99% N/A
Total Return 0.71% 42% F 17% F
Risk Return Profile  
Volatility (Standard Deviation) 4,454.77% 14% F 1% F
Risk Adjusted Return 5.55% 84% B 30% F
Market Capitalization 0.18B 91% A- 46% 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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.