Direxion FundsInverse EquitySPXS · NYSE Arca

Direxion Daily S&P 500 Bear 3X ETF (SPXS)

Compare Leveraged & Inverse ETFs Compare with others

Price: $25.63; —30 Oct 2026
Assets: $339M; Total net assets
Expense ratio: 1.04%; Category 0.00%
Yield: 4.65%; Trailing distributions

1Y return: -25.7%+4.3%; Category -30.1%
3Y CAGR: -44.8%-7.1%; Category -37.6%
5Y CAGR: -30.7%-6.9%; Category -23.8%

Loading NAV history…

Direxion Daily S&P 500 Bear 3X 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	+3.5%	-2.2%	-12.0%	-25.3%	-25.7%	-44.8%	-30.7%	-41.4%	-44.7%
Inverse Equity average	13.6%	-8.9%	-18.8%	-31.3%	-30.1%	-37.6%	-23.8%	-29.4%	-37.1%
Difference	-10.1%	+6.7%	+6.8%	+5.9%	+4.3%	-7.1%	-6.9%	-12.0%	-7.6%

Holdings

This ETF publishes no holdings breakdown.

ETF details

Issuer: Direxion Funds
Category: Equity · Inverse Equity
Ticker: SPXS
Exchange: NYSE Arca
Inception: 5 Nov 2008 (18.0 years)
Structure: Exchange Traded Fund
Expense ratio: 1.04% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 4.65%
Beta, 3 years: -2.70
Total net assets: $339M

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

Other inverse equity ETFs

Other ETFs in the Inverse Equity category.

Compare Leveraged & Inverse ETFs