(SPXS) Direxion Daily SP500 Bear - Ratings and Ratios
Swap Agreements, Futures Contracts, Short Positions
Description: SPXS Direxion Daily SP500 Bear
The Direxion Daily S&P500 Bear 3X Shares (SPXS) is an exchange-traded fund (ETF) designed to provide three times the inverse daily return of the S&P 500 Index, a widely followed benchmark of the US stock market. This means that if the S&P 500 Index falls by 1%, the fund is expected to rise by 3%, before fees and expenses.
As a non-diversified fund, SPXS concentrates its investments in a limited number of financial instruments, such as swap agreements, futures contracts, and short positions, to achieve its investment objective. The funds investment strategy is geared towards traders and investors seeking to hedge against or profit from a decline in the S&P 500 Index.
Key performance indicators (KPIs) to monitor for SPXS include its ability to track the inverse return of the S&P 500 Index, its trading volume and liquidity, and its expense ratio. A high trading volume and liquidity are essential for this type of fund, as they enable investors to enter and exit positions quickly and at a fair price. The funds expense ratio, which is typically higher for inverse and leveraged ETFs, can erode its returns over time.
Investors in SPXS should be aware that the funds returns can be volatile and may not be suitable for long-term investment. The funds use of leverage and derivatives can amplify losses as well as gains, and its value can decay over time due to the compounding effect of daily returns. As with any investment, its crucial to thoroughly understand the funds investment strategy, risks, and fees before investing.
From a risk management perspective, its worth noting that SPXS has a relatively high beta and standard deviation compared to other ETFs, reflecting its leveraged and inverse nature. Investors should closely monitor the funds performance and adjust their positions accordingly to manage their overall portfolio risk.
Additional Sources for SPXS ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
SPXS ETF Overview
Market Cap in USD | 409m |
Category | Trading--Inverse Equity |
TER | 1.07% |
IPO / Inception | 2008-11-05 |
SPXS ETF Ratings
Growth Rating | -88.1 |
Fundamental | - |
Dividend Rating | 27.9 |
Rel. Strength | -42.2 |
Analysts | - |
Fair Price Momentum | 3.00 USD |
Fair Price DCF | - |
SPXS Dividends
Dividend Yield 12m | 4.65% |
Yield on Cost 5y | 0.39% |
Annual Growth 5y | 14.17% |
Payout Consistency | 46.3% |
Payout Ratio | % |
SPXS Growth Ratios
Growth Correlation 3m | -96.8% |
Growth Correlation 12m | -56.8% |
Growth Correlation 5y | -94% |
CAGR 5y | -40.77% |
CAGR/Max DD 5y | -0.44 |
Sharpe Ratio 12m | -0.87 |
Alpha | -11.41 |
Beta | -3.079 |
Volatility | 29.18% |
Current Volume | 39568.4k |
Average Volume 20d | 50800.8k |
Stop Loss | 4.5 (-3.4%) |
As of July 09, 2025, the stock is trading at USD 4.66 with a total of 39,568,442 shares traded.
Over the past week, the price has changed by -1.06%, over one month by -9.61%, over three months by -52.33% and over the past year by -34.65%.
No, based on ValueRay´s Analyses, Direxion Daily SP500 Bear (NYSE ARCA:SPXS) is currently (July 2025) a stock to sell. It has a ValueRay Growth Rating of -88.11 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 SPXS is around 3.00 USD . This means that SPXS is currently overvalued and has a potential downside of -35.62%.
Direxion Daily SP500 Bear has no consensus analysts rating.
According to our own proprietary Forecast Model, SPXS Direxion Daily SP500 Bear will be worth about 3.2 in July 2026. The stock is currently trading at 4.66. This means that the stock has a potential downside of -30.47%.
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 3.2 | -30.5% |