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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 6.34

Change

0.00 (0.00)%

Market Cap

USD 0.18B

Volume

0.02B

Analyst Target

N/A
Analyst Rating

N/A

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: 2024-10-19 )

Largest Industry Peers for Trading--Inverse Equity

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

N/A

USD 0.96B
SOXS Direxion Daily Semiconductor B.. 0.97 %

N/A

USD 0.83B
PSQ ProShares Short QQQ 0.95 %

N/A

USD 0.66B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

N/A

USD 0.53B
SDOW ProShares UltraPro Short Dow30 0.95 %

N/A

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

N/A

USD 0.22B
DOG ProShares Short Dow30 0.95 %

N/A

USD 0.17B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

N/A

USD 0.16B
RWM ProShares Short Russell2000 0.95 %

N/A

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

N/A

USD 0.10B

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 68,514.72% 80% B- 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 68,514.72% 80% B- 100% F
Trailing 12 Months  
Capital Gain 47,756.28% 78% C+ 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 47,756.28% 78% C+ 100% F
Trailing 5 Years  
Capital Gain 4,691.41% 81% B- 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 4,691.41% 81% B- 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 1,052.32% 78% C+ 99% N/A
Dividend Return 1,053.29% 78% C+ 99% N/A
Total Return 0.97% 36% F 22% F
Risk Return Profile  
Volatility (Standard Deviation) 8,002.32% 24% F 1% F
Risk Adjusted Return 13.16% 91% A- 32% F
Market Capitalization 0.18B N/A N/A N/A N/A

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.

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.