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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 11.91

Change

+0.07 (+0.59)%

Market Cap

USD 0.05B

Volume

4.69M

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: 2024-07-30 )

Largest Industry Peers for Trading--Inverse Equity

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

N/A

USD 0.93B
SOXS Direxion Daily Semiconductor B.. 0.97 %

N/A

USD 0.67B
PSQ ProShares Short QQQ 0.95 %

N/A

USD 0.67B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

N/A

USD 0.51B
SDOW ProShares UltraPro Short Dow30 0.95 %

N/A

USD 0.30B
DOG ProShares Short Dow30 0.95 %

N/A

USD 0.16B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

N/A

USD 0.14B
RWM ProShares Short Russell2000 0.95 %

N/A

USD 0.14B
YANG Direxion Daily FTSE China Bear.. 1.02 %

N/A

USD 0.12B
LABD Direxion Daily S&P Biotech Bea.. 1.00 %

N/A

USD 0.10B

ETFs Containing SPDN

LCR Leuthold Core ETF 3.70 % 0.00 %

N/A

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 -10.38% 75% C 14% F
Dividend Return 2.28% 55% F 55% F
Total Return -8.10% 75% C 14% F
Trailing 12 Months  
Capital Gain -14.68% 69% C- 14% F
Dividend Return 5.15% 83% B 71% C-
Total Return -9.53% 67% D+ 16% F
Trailing 5 Years  
Capital Gain -55.76% 80% B- 8% B-
Dividend Return 4.79% 89% A- 14% F
Total Return -50.97% 80% B- 8% B-
Average Annual (5 Year Horizon)  
Capital Gain -13.44% 16% F 6% D-
Dividend Return -12.22% 16% F 6% D-
Total Return 1.22% 100% F 28% F
Risk Return Profile  
Volatility (Standard Deviation) 15.01% 98% N/A 64% D
Risk Adjusted Return -81.42% 5% F 3% F
Market Capitalization 0.05B 73% C 33% 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.

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.