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Global ETF Survey 2026

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Global ETF Survey 2026
›ETF Issuers›Direxion›SPDN
SPDN

Direxion Daily S&P 500® Bear 1X Shares ETF

The Direxion Daily S&P 500® Bear 1X Shares ETF - USD is an exchange-traded fund (ETF) that provides investors with the opportunity to capitalize on bearish market trends potentially. This fund seeks daily investment results before fees and expenses, of 100% inversely proportional to the performance of the S&P 500 Index. The S&P 500 Index, towards which this ETF runs counter, is a broad-market equity index consisting primarily of large-cap U.S. stocks. The index features a diverse collection of companies from a variety of industries, including technology, healthcare, financial services, and consumer discretionary. As part of its investment strategy, the Direxion Daily S&P 500® Bear 1X Shares ETF - USD typically invests in swap agreements, futures contracts, and short positions. Additionally, it may also invest in financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. Overall, this approach can offer a significant degree of flexibility for experienced investors who anticipate a decline in the S&P 500 Index's value or want to hedge their portfolio against downturn risks. However, due to its somewhat complex strategy involving different types of derivatives and financial instruments, this ETF may not be suitable for all types of investors. It should also be noted that there are inherent risks associated with investing in this ETF including possible loss of principal. As always, potential investors should seek professional advice before making any investment decisions.

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$8.63
-$0.04 (-0.46%) yesterday
1:30 PM 07/14/26 Closed
1D price range
$8.62$8.67
52W price range
$8.59$10.31
YTD Perf.
-6.95%
YTD Flows
Annualized volatility
Fund AuM
€191M
Share class AuM
€191M
TTM Yield
Tracking Error
Tracking Difference
ISIN
US25460E8690
TER
0.54%
Inception date
6/8/2016
Issuer
Benchmark
Replication method
Dividend policy
Compare similar ETFs

No content available for this fund

API
PerformanceDec 31, 2025 - Jul 13, 2026
-10%-5%0%5%10%JANMARMAYJUL
Flows
Join for free to unlock
Data as of 05/31/26
Technology
46.78%
Finance
12.46%
Consumer Non-Cyclicals
9.18%
Healthcare
8.10%
Industrials
7.58%
Consumer Cyclicals
3.62%
Energy
3.09%
Non-Energy Materials
2.24%
Unavailable
100.06%
Other
6.45%
Latest SPDN news

No content available for this fund

FAQ about SPDN

SPDN is a Passive ETF. This ETF provides inverse exposure (-1x) to Large Cap US Equities.
SPDN tracks the S&P 500 Daily Total Return Index - USD, through a unfunded swap replication method.
SPDN carries a total expense ratio (TER) of 0.54%, indicating the annual cost for holding the fund.
SPDN was introduced to the market on June 8, 2016. It trades on United States
Direxion Daily S&P 500® Bear 1X Shares ETF, SPDN, is provided by Direxion. Learn more about Direxion here.
SPDN oversees €191M in assets as of July 13, 2026.
SPDN follows a distributing dividend policy, meaning it pays out income to investors. As of July 13, 2026, its 12-month trailing yield was 3.36%.
As of May 31, 2026, SPDN has significant geographic allocations in USA and Ireland.
As of May 31, 2026, SPDN focuses largely on Technology, Finance and Consumer Non-Cyclicals.
As of May 31, 2026, SPDN holds 503 positions in its portfolio, with 45.21% of assets concentrated in its top 15 holdings.
As of May 31, 2026, SPDN top three holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp..
The base currency of SPDN is USD.
Data as of 05/31/26
NVIDIA Corp.
7.88%
Apple, Inc.
7.04%
Microsoft Corp.
5.13%
Amazon.com, Inc.
4.06%
Alphabet, Inc.
3.40%
Broadcom Inc.
3.25%
Alphabet, Inc.
2.70%
Meta Platforms, Inc.
2.12%
Tesla, Inc.
1.88%
Micron Technology, Inc.
1.68%

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