(SPDN) Direxion Daily SP500 Bear - Ratings and Ratios
Swap Agreements, Futures Contracts, Short Positions
Description: SPDN Direxion Daily SP500 Bear
The Direxion Daily S&P500 Bear 1X Shares ETF is designed to provide inverse exposure to the S&P 500 index, comprising the 500 leading large-cap US-listed companies. By investing in swap agreements, futures contracts, and other financial instruments, the fund aims to deliver returns opposite to the daily performance of the S&P 500 index.
The funds strategy is centered around shorting or inverse exposure, making it a contrarian play against the S&P 500. With a non-diversified portfolio, the ETF is heavily reliant on the performance of the underlying index, amplifying potential gains or losses. As a result, investors should be prepared for potentially high volatility.
Analyzing the ETFs technical data, we observe that the current price is $10.91, below both its 20-day and 50-day simple moving averages (SMA20: $11.61, SMA50: $11.65). However, it is above its 200-day SMA ($11.13), indicating some long-term bullish undertones in the inverse context. The Average True Range (ATR) of 0.36, or 3.34%, suggests moderate daily price swings. Given the current price is near the 52-week low ($10.51), a potential bounce or consolidation might be expected.
Considering the fundamental aspect, the Assets Under Management (AUM) stand at $163.77M USD. While not exceptionally large, it is sufficient to provide liquidity. The ETFs inverse nature makes it sensitive to market sentiment and S&P 500 performance. If the S&P 500 experiences a downturn, SPDN is likely to rise, and vice versa.
Forecasting based on the technical and fundamental data, if the S&P 500 index experiences a decline, potentially triggered by economic indicators or market sentiment shifts, SPDN could see a rise. Conversely, a strong S&P 500 performance could lead to a decline in SPDN. Given the current technical indicators, a potential short-term target could be the 52-week high ($12.99) if the S&P 500 experiences a significant downturn. However, if the S&P 500 continues to rise, SPDN may test its 52-week low or potentially fall further.
Additional Sources for SPDN ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
SPDN ETF Overview
Market Cap in USD | 133m |
Category | Trading--Inverse Equity |
TER | 0.58% |
IPO / Inception | 2016-06-08 |
SPDN ETF Ratings
Growth Rating | -59.6 |
Fundamental | - |
Dividend Rating | 46.3 |
Rel. Strength | -17.7 |
Analysts | - |
Fair Price Momentum | 9.30 USD |
Fair Price DCF | - |
SPDN Dividends
Dividend Yield 12m | 3.44% |
Yield on Cost 5y | 1.86% |
Annual Growth 5y | 100.69% |
Payout Consistency | 64.5% |
Payout Ratio | % |
SPDN Growth Ratios
Growth Correlation 3m | -95.8% |
Growth Correlation 12m | -21.7% |
Growth Correlation 5y | -83.8% |
CAGR 5y | -11.95% |
CAGR/Max DD 5y | -0.25 |
Sharpe Ratio 12m | -1.29 |
Alpha | -2.12 |
Beta | -1.007 |
Volatility | 10.03% |
Current Volume | 5063k |
Average Volume 20d | 7973.6k |
Stop Loss | 9.9 (-3.7%) |
As of July 09, 2025, the stock is trading at USD 10.28 with a total of 5,063,045 shares traded.
Over the past week, the price has changed by -0.29%, over one month by -3.15%, over three months by -19.85% and over the past year by -6.90%.
No, based on ValueRay´s Analyses, Direxion Daily SP500 Bear (NYSE ARCA:SPDN) is currently (July 2025) a stock to sell. It has a ValueRay Growth Rating of -59.62 and therefor a clear technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SPDN is around 9.30 USD . This means that SPDN is currently overvalued and has a potential downside of -9.53%.
Direxion Daily SP500 Bear has no consensus analysts rating.
According to our own proprietary Forecast Model, SPDN Direxion Daily SP500 Bear will be worth about 10.1 in July 2026. The stock is currently trading at 10.28. This means that the stock has a potential downside of -2.24%.
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 10.1 | -2.2% |