SPDNDirexion Daily S&P 500 Bear 1X Shares

Take a bet10y track recordRanked #14 of 995 in this goal

Seeks daily investment results of 100% of the inverse of the daily performance of the S&P 500 Index.

By Direxion Funds · Launched 2016

Annual Cost

0.48%

#2,496 of 6,040 · average

Fund Size

$233M

#2,324 of 6,040 · mid-size

Return (1Y)

-9.7%

Track Record

10 years

#1,421 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,317-6.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE

89.2%

GOLDMAN SACHS LIQ ES FD A

15.4%

GOLDMAN FINANCIAL

0.0%

N/A

-1.5%

N/A

-2.9%

Asset allocation

Cash

2033.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.0%Moderate

Year-on-year price swings

Max drawdown

-74.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-1.04Below average

Sortino (3Y)

-1.42Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 100% of the inverse of the daily performance of the S&P 500 Index.
Strategy: Invests at least 80% of net assets in financial instruments, including swaps and futures, to provide 1X daily inverse exposure to the S&P 500 Index. The Fund is designed for knowledgeable investors who actively monitor their portfolios, as returns may differ significantly from -100% of the Index over longer periods due to compounding effects.
Inception date: June 8, 2016
Fund family: Direxion Funds