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

NYSE Arca: SPXSExchange-traded fund from Direxion Funds.

  • Expense ratio1.01%
  • Net assets$326.9M
  • Dividend yield4.65%
  • 1-year return-29.18%
  • Holdings1

SPXS ETF price chart

SPXS quote & trading statistics

SPXS performance

Annual returns & drawdowns →
  • YTD-26.20%
  • 1 year-29.18%
  • 3 years-45.59%/yr
  • 5 years-31.79%/yr
  • 10 years-40.94%/yr
1Y volatility
36.18%
3Y volatility
35.02%
3Y Sharpe ratio
-1.63

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

SPXS holdings

#SymbolNameWeight
1FTIXXGoldman Sachs Financial Square Treasury Instruments Fund Institutional Shares24.19%

This holding makes up 24.2% of the fund. As of October 25, 2026.

SPXS asset allocation

Cash
100.0%

About Direxion Daily S&P 500 Bear 3X Shares

The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to exchange-traded funds ("ETFs") that track the index, consistent with the fund"s investment objective. The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.

SPXS ETF FAQ

What is the SPXS expense ratio?

Direxion Daily S&P 500 Bear 3X Shares has a net expense ratio of 1.01%, or $101.00 a year for every $10,000 invested.

How much money is in SPXS?

Direxion Daily S&P 500 Bear 3X Shares has about $326.9M in net assets.

What are the top holdings of SPXS?

The largest positions in SPXS are Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares (24.19%). The fund holds 1 securities in total.

How has SPXS performed?

SPXS returned -29.18% over the past year and -31.79% a year over the past five years, including reinvested distributions.

Does SPXS pay dividends?

SPXS has a dividend yield of 4.65% and pays distributions quarterly.

When was SPXS launched?

Direxion Daily S&P 500 Bear 3X Shares began trading on November 5, 2008.