Direxion FundsInverse EquitySPDN · NYSE Arca

Direxion Daily S&P 500 Bear 1X ETF (SPDN)

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Price: $8.60; —30 Oct 2026
Assets: $261.8M; Total net assets
Expense ratio: 0.48%; Category 0.00%
Yield: 3.68%; Trailing distributions

1Y return: -6.0%+24.1%; Category -30.1%
3Y CAGR: -13.9%+23.8%; Category -37.6%
5Y CAGR: -6.8%+17.0%; Category -23.8%

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Direxion Daily S&P 500 Bear 1X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+1.4%	+0.1%	-2.4%	-6.3%	-6.0%	-13.9%	-6.8%	-12.3%	-12.0%
Inverse Equity average	13.6%	-8.9%	-18.8%	-31.3%	-30.1%	-37.6%	-23.8%	-29.4%	-37.1%
Difference	-12.2%	+9.0%	+16.5%	+25.0%	+24.1%	+23.8%	+17.0%	+17.2%	+25.1%

Holdings

This ETF publishes no holdings breakdown.

ETF details

Issuer: Direxion Funds
Category: Equity · Inverse Equity
Ticker: SPDN
Exchange: NYSE Arca
Inception: 8 Jun 2016 (10.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.48% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 3.68%
Beta, 3 years: -0.96
Total net assets: $261.8M

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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