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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 12.52

Change

-1.43 (-10.25)%

Market Cap

USD 0.18B

Volume

0.07B

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: 2020-04-08 )

Largest Industry Peers for Trading--Inverse Equity

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

+0.14 (+1.15%)

USD 1.04B
SOXS Direxion Daily Semiconductor B.. 0.97 %

+33.10 (+940.34%)

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

+1.28 (+3.67%)

USD 0.64B
SDS ProShares UltraShort S&P500 0.89 %

+0.65 (+2.48%)

USD 0.60B
PSQ ProShares Short QQQ 0.95 %

+0.74 (+1.66%)

USD 0.58B
TZA Direxion Daily Small Cap Bear .. 0.95 %

+0.87 (+4.38%)

USD 0.53B
SDOW ProShares UltraPro Short Dow30 0.95 %

+0.38 (+2.09%)

USD 0.37B
QID ProShares UltraShort QQQ 0.95 %

+1.55 (+3.36%)

USD 0.29B
RWM ProShares Short Russell2000 0.95 %

+0.31 (+1.46%)

USD 0.21B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

+0.15 (+1.20%)

USD 0.19B

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 -5.51% 22% F 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.51% 22% F 83% B
Trailing 12 Months  
Capital Gain -37.02% 22% F 28% F
Dividend Return 0.85% 50% F 18% F
Total Return -36.18% 19% F 26% F
Trailing 5 Years  
Capital Gain -86.64% 20% F 8% B-
Dividend Return 0.44% 30% F 2% F
Total Return -86.20% 21% F 5% F
Average Annual (5 Year Horizon)  
Capital Gain -33.40% 21% F 1% F
Dividend Return -33.07% 21% F 1% F
Total Return 0.33% 52% F 7% C-
Risk Return Profile  
Volatility (Standard Deviation) 13.78% 67% D+ 55% F
Risk Adjusted Return -239.96% 11% F N/A F
Market Capitalization 0.18B 96% N/A 60% D-

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:
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.