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.
Frequently asked questions
What is the Direxion Daily S&P 500 Bear 3X Shares (SPXS) expense ratio?
The Direxion Daily S&P 500 Bear 3X Shares funds expense ratio is 1.07%.
What is Direxion Daily S&P 500 Bear 3X Shares (SPXS) current stock price?
As of the latest data, Direxion Daily S&P 500 Bear 3X Shares stock price is $23.56, with a previous close of $24.04. Direxion Daily S&P 500 Bear 3X Shares lost -$0.48 in the last trading session, representing a -2% loss.
Yes. Direxion Daily S&P 500 Bear 3X Shares pays quarterly dividends with an annualized yield of 5.03% and an estimated annual payout of $1.18 per share.