The index is designed to be comprised of stocks that are the 500 leading, large-cap U.S.-listed issuers. 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. It is non-diversified.
Frequently asked questions
What is the Direxion Daily S&P 500® Bear 1X Shares (SPDN) expense ratio?
The Direxion Daily S&P 500® Bear 1X Shares funds expense ratio is 0.58%.
What is Direxion Daily S&P 500® Bear 1X Shares (SPDN) current stock price?
As of the latest data, Direxion Daily S&P 500® Bear 1X Shares stock price is $8.59, with a previous close of $8.59.
Yes. Direxion Daily S&P 500® Bear 1X Shares pays quarterly dividends with an annualized yield of 3.39% and an estimated annual payout of $0.29 per share.