SPXSDirexion Daily S&P 500 Bear 3X Shares

Take a bet17y track recordRanked #66 of 995 in this goal

Seeks daily investment results of 300% of the inverse of the daily performance of the Index.

By Direxion Funds · Launched 2008

Annual Cost

1.04%

#5,473 of 6,040 · expensive

Fund Size

$339M

#1,971 of 6,040 · large

Return (1Y)

-34.0%

Track Record

17 years

#620 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$6,551-34.5%

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

46.2%

GOLDMAN FINANCIAL

38.6%

DREYFUS

16.8%

GOLDMAN SACHS LIQ ES FD A

10.3%

N/A

-0.3%

N/A

-0.4%

N/A

-0.8%

N/A

-1.1%

N/A

-1.2%

N/A

-1.9%

Asset allocation

Cash

114.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

38.6%High

Year-on-year price swings

Max drawdown

-99.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-1.05Below average

Sortino (3Y)

-1.43Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
Strategy: Invests at least 80% of net assets in financial instruments, including swap agreements and futures contracts, to provide 3X daily inverse exposure to the Index. Concentrates investments in large-cap U.S. stocks, rebalancing daily to maintain inverse leverage.
Inception date: November 5, 2008
Fund family: Direxion Funds