SPDNDirexion Daily S&P 500 Bear 1X Shares
Seeks daily investment results that correspond to -100% of the daily performance of the S&P 500 Index.
Direxion Funds · Since 2016 (9 years)
0.48%
#2165 out of 5,332 ETFs
$308M
#1785 out of 5,332 ETFs
3.58%
9 years
#1452 out of 5,332 ETFs
Performance
1 Year
-19.2%
3 Years
-13.0%
5 Years
-8.4%
What's inside
Risk profile
12.7%
Moderate
-74.2%
Worst peak-to-trough loss
-1.10
Below average
-1.49
Moderate downside risk
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Inverse ETF — daily tool only
Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.
Source: Cheng & Madhavan (2009)
Why we flagged this: strategy=inverse + inverse_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05