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Direxion Daily S&P 500® Bear 1X Shares ETF
SPDN performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 17, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.03% | -3.41% | -6.14% | -11.43% | -29.22% | -35.38% |
| Flows | +$3M | -$3M | +$48M | +$123M | +$50M | +$255M |
Characteristics
The Direxion Daily S&P 500® Bear 1X Shares ETF is built to track the S&P 500 Daily Total Return Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Inverse |
| Provider | Direxion |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | June 8, 2016 |
| ESG | No |
More data and info about SPDN on Trackinsight
SPDN's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +12.26% | +12.48% | +14.97% | +17.27% |
Max drawdown | -6.66% | -16.06% | -38.26% | -43.90% |
Max drawdown duration | 87d | 109d | 992d | 1374d |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of July 18, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is SPDN?
SPDN is a Passive ETF that provides exposure to Equity assets. It is managed by Direxion.
What index does SPDN track?
SPDN tracks the S&P 500 Daily Total Return Index - USD, aiming to replicate its performance through unfunded swap.
What does SPDN invest in?
This ETF provides inverse exposure (-1x) to Large Cap US Equities. It is part of the segment: Inverse Equity.
What is the expense ratio of SPDN?
The total expense ratio (TER) of SPDN is 0.54%, representing the annual fee charged by the fund manager.
When was SPDN launched?
SPDN was launched on June 8, 2016, marking its entry into the ETF market.
Who is the issuer of SPDN?
SPDN is issued by Direxion.
What is the AUM of SPDN?
As of July 17, 2026, SPDN manages $223.34 M, reflecting the total assets held in the fund.
How has SPDN performed recently?
As of July 17, 2026, SPDN delivered a return of -0.03% over the past month (1M performance), -3.41% over the past three months (3M), and -6.14% year-to-date (YTD).
What are the recent fund flows for SPDN?
As of July 17, 2026, SPDN has seen net flows of +$3M in the past month (1M flow) and +$48M year-to-date (YTD).
Does SPDN pay dividends?
As of July 17, 2026, SPDN has a trailing 12-month distribution yield of 3.33%.
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