Direxion Daily S&P 500 Bear 3X Shares logo

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

Market Closed
8 Dec, 20:00
ARCA ARCA
$
35. 49
+0.33
+0.94%
$
418.59M Market Cap
0.47% Div Yield
4,658,904 Volume
$ 35.16
Previous Close
Day Range
34.92 35.8
Year Range
34.35 106.7
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SPXS: The Leveraged ETF That Could Make Or Break Your Portfolio

SPXS: The Leveraged ETF That Could Make Or Break Your Portfolio

Direxion Daily S&P 500® Bear 3X Shares ETF offers 3x daily inverse exposure to the S&P 500, making it suitable for short-term bearish trades amid rising geopolitical risks and volatility. Due to daily resets and compounding effects, SPXS is not appropriate for long-term holding; it's best used for disciplined, tactical trading only. Given current market uncertainty but long-term growth trends, I rate SPXS as a HOLD—useful for active traders, but not for buy-and-hold investors.

Seekingalpha | 5 months ago
Trade Wars Pushing These 2 ETFs in Different Directions

Trade Wars Pushing These 2 ETFs in Different Directions

Trade wars continue to fuel sell-offs in U.S. equities, pushing the S&P 500 down further. The optimism heading into 2025 is giving way to market uncertainty as the post-election rally in November 2024 has lost its momentum.

Etftrends | 8 months ago
SPXS: Time To Trim Downside Hedges (Rating Downgrade)

SPXS: Time To Trim Downside Hedges (Rating Downgrade)

The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% (3x) the inverse return of the S&P 500 index. The ETF has surged in value as the S&P 500 retreats from extremely overvalued levels. I outline reasons for reducing hedges such as the SPXS, as well as why they may still make sense in the current environment.

Seekingalpha | 8 months ago
SPXS: S&P 500 Remains Expensive Relative To U.S. And International Alternatives

SPXS: S&P 500 Remains Expensive Relative To U.S. And International Alternatives

The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% (3x) of the inverse return of the S&P 500. SPXS is a poor long-term holding but presents a compelling opportunity to add downside protection to your portfolio in the near term. The S&P 500 trades at a 1-2% lower earnings yield relative to small-and-mid cap US stocks despite smaller benefits from the stellar US growth forecast for 2025.

Seekingalpha | 10 months ago
3 ETFs to Watch as Yields Continue to Creep Higher

3 ETFs to Watch as Yields Continue to Creep Higher

Inflation appears to be stubborn and persistent. That's providing entry points for three Direxion inverse ETFs for traders looking to capitalize on rising yields.

Etftrends | 10 months ago
SPXS: Low Dividend Yield Signals Trouble Ahead For The S&P 500

SPXS: Low Dividend Yield Signals Trouble Ahead For The S&P 500

The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% of the inverse return of the S&P 500 index. Near-term peaks and bottoms in the S&P 500 dividend yield have marked major market reversal points in the past. The dividend yield on the SPDR S&P 500 ETF Trust stands at just 1.20%, marginally above all-time lows.

Seekingalpha | 1 year ago
SPXS: The Timing Might Be Right Again

SPXS: The Timing Might Be Right Again

Timing is crucial when trading leveraged ETFs like SPXS, these funds are not meant for long-term investment. Current economic indicators suggest downward pressure on stocks, making SPXS a speculative bearish wager. Market conditions, high valuations, and political uncertainty indicate potential catalysts for a market correction.

Seekingalpha | 1 year ago
Keep These 2 ETFs Handy in Case of a Market Correction

Keep These 2 ETFs Handy in Case of a Market Correction

When stock market indexes experience sharp drawdowns, it can hit traders swiftly and unexpectedly. That said, market navigators can prepare themselves and potentially profit using inverse ETFs; two ETFs in particular from Direxion Investments.

Etftrends | 1 year ago