Direxion Daily S&P 500 Bear 3X Shares (SPXS)
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Learn moreETF Summary
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to exchange-traded funds (“ETFs”) that track the index, consistent with the fund’s investment objective. The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.
ETF Overview
| Category | Trading--Inverse Equity |
|---|---|
| Fund Family | Direxion Funds |
| Net Assets | 338.98M |
| YTD Daily Total Return | -25.38% |
| Yield | 4.65% |
| Legal Type | Exchange Traded Fund |
ETF Operations
| Attributes | SPXS | Category Average |
|---|---|---|
|
Annual Report Expense Ratio (net)
|
1.04% | 0.00% |
|
Holdings Turnover
|
0.00% | -- |
|
Total Net Assets
|
0.00 | 0.00 |
Morningstar Style Box
Morningstar Style Box Information Not Available
