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Direxion Daily S&P 500® Bear 3X ETF

NYSE ARCA: SPXS
12.56
+0.10
+0.80%
7/25/2016 7:46 PM EDT
5 Years
  • Open

    12.49

  • Previous Close

    12.46

  • Vol (3-Month Avg.)

    6.05M

  • Day's Range

    12.47-12.67

  • 52 week range

    12.43-25.25

  • Net Assets

    500.72M

  • Yield

    0.00%

  • Category

    Trading--Inverse Equity

  • Morningstar Risk

    -

Profile

Name of Issuer

Direxion Funds

Expenses

0.95%

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P 500® Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P 500® Index. The index is a capitalization-weighted index composed of 500 common stocks. The fund is non-diversified.

Inception

11/5/2008

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