SPDN
-0.47 · -4.80%
$9.40 · NYSE ARCA

Direxion Daily S&P 500® Bear 1X Shares (SPDN) ETF Analysis | Trading--Inverse Equity

Direxion Funds · United States
AUM:$232.3M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 10.6% over the past year, indicating modest price weakness.

Cost Efficiency

Ongoing charge of 0.58% — moderate cost. Consider how fees compound over long holding periods.

What is SPDN?

The index is designed to be comprised of stocks that are the 500 leading, large-cap U. The fund invests at least 80% of the fund"s net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index, which, in combination, provider returns consistent with the objective.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
SPDN returned -10.6% over the past year, reflecting recent market conditions.
Moderate Cost
Expense ratio of 0.58%. Consider how fees compound over a long holding period.
Broadly Diversified
Top 10 holdings represent just 0.4% of the ETF — exposure spread across many positions.
ETF Information
AUM$232.3M
Expense Ratio0.58%
Dividend Yield4.10%
Holdings1
Inception DateJun 2016
DomicileUnited States
DistributionNA
Index
ProviderDirexion Funds
Beta-0.97
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

How would SPDN affect your portfolio?

Sign in to see exactly what adding this ETF changes — sector exposure, yield, diversification, volatility. Real numbers from your actual holdings.

Sign in
Example preview
6168
+7 points · better diversified

Chart Tools

Sign in to overlay your portfolio on the chart.

Sign in
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-9.8%
1Y
-12.4%
3Y
-32.7%
5Y
-34.0%
OpenBook InsightIf you had invested £10,000 in SPDN 5 years ago, it would have fallen to £6,604 — a loss of £3,396.

Annual Returns

Calendar year performance

SPDN delivered positive returns in 1 of the last 5 calendar years.
YearSPDN
2026 YTD-9.5%
2025-11.3%
2024-13.5%
2023-15.4%
2022+19.4%
CAGR 4yr-6.2%
1/5 positive yearsAvg return: -6.1%Worst year: -15.4% (2023)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
11.5%
Low
Momentum
-3.0%
30-day change
Support Level
8.39
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.