SPXSDIREXION DAILY S&P 500(R) BEAR 3X SHARESINDEX
DIREXION DAILY S&P 500(R) BEAR 3X SHARES
$24.78+3.64% vs prior close
234452-WK
Price through Oct 22, 2026 · Flows through Oct 21, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 22, 2026. Holdings snapshot retrieved Oct 22, 2026.
SPXS price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | SPXS close |
|---|---|
| Jul 22, 2026 | $26.54 |
| Jul 23, 2026 | $27.52 |
| Jul 24, 2026 | $27.49 |
| Jul 27, 2026 | $27.47 |
| Jul 28, 2026 | $27.30 |
| Jul 29, 2026 | $28.58 |
| Jul 30, 2026 | $27.13 |
| Jul 31, 2026 | $26.57 |
| Aug 3, 2026 | $25.44 |
| Aug 4, 2026 | $24.08 |
| Aug 5, 2026 | $24.24 |
| Aug 6, 2026 | $24.37 |
| Aug 7, 2026 | $23.96 |
| Aug 10, 2026 | $23.96 |
| Aug 11, 2026 | $24.22 |
| Aug 12, 2026 | $24.04 |
| Aug 13, 2026 | $23.56 |
| Aug 14, 2026 | $23.72 |
| Aug 17, 2026 | $24.06 |
| Aug 18, 2026 | $24.57 |
| Aug 19, 2026 | $24.41 |
| Aug 20, 2026 | $25.04 |
| Aug 21, 2026 | $24.76 |
| Aug 24, 2026 | $24.99 |
| Aug 25, 2026 | $24.76 |
| Aug 26, 2026 | $24.76 |
| Aug 27, 2026 | $24.28 |
| Aug 28, 2026 | $24.46 |
| Aug 31, 2026 | $24.72 |
| Sep 1, 2026 | $25.23 |
| Sep 2, 2026 | $24.89 |
| Sep 3, 2026 | $24.13 |
| Sep 4, 2026 | $24.44 |
| Sep 8, 2026 | $24.84 |
| Sep 9, 2026 | $25.20 |
| Sep 10, 2026 | $25.67 |
| Sep 11, 2026 | $25.05 |
| Sep 14, 2026 | $25.39 |
| Sep 15, 2026 | $25.76 |
| Sep 16, 2026 | $26.10 |
| Sep 17, 2026 | $25.21 |
| Sep 18, 2026 | $25.18 |
| Sep 21, 2026 | $24.01 |
| Sep 22, 2026 | $23.67 |
| Sep 23, 2026 | $24.20 |
| Sep 24, 2026 | $24.26 |
| Sep 25, 2026 | $23.91 |
| Sep 28, 2026 | $24.46 |
| Sep 29, 2026 | $24.59 |
| Sep 30, 2026 | $24.77 |
| Oct 1, 2026 | $24.62 |
| Oct 2, 2026 | $24.12 |
| Oct 5, 2026 | $23.64 |
| Oct 6, 2026 | $23.26 |
| Oct 7, 2026 | $23.45 |
| Oct 8, 2026 | $23.77 |
| Oct 9, 2026 | $23.37 |
| Oct 12, 2026 | $23.41 |
| Oct 13, 2026 | $23.42 |
| Oct 14, 2026 | $24.19 |
| Oct 15, 2026 | $24.00 |
| Oct 16, 2026 | $24.82 |
| Oct 19, 2026 | $24.50 |
| Oct 20, 2026 | $24.27 |
| Oct 21, 2026 | $23.91 |
| Oct 22, 2026 | $24.78 |
Weekly net flows, 3M
Net inflow over the range: +$43M
- Inflow / above zero
- Outflow / below zero
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Jul 20 | $31.1M |
| Jul 27 | $2.6M |
| Aug 3 | $24.8M |
| Aug 10 | −$4.8M |
| Aug 17 | $3.3M |
| Aug 24 | −$250K |
| Aug 31 | $4.5M |
| Sep 7 | $20.2M |
| Sep 14 | −$29.3M |
| Sep 21 | $13.2M |
| Sep 28 | −$35.3M |
| Oct 5 | $28.6M |
| Oct 12 | $2.3M |
| Oct 19 | −$18M |
The desk’s read
Money is leaving — −$16M in net outflows over the past month, about 5.1% of the fund's asset base, while the price has returned -30.1% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$323Massets under management
—expense ratio
−$16Mnet flow, trailing month
14.7Mavg daily volume, 30 days
1holdings · US-domiciled
2023listed November 28, 2023 · beta -2.99
Sector weights
- Other100%
- Cash100%
- Cash & Others100%
- Technology2.53%
- Financial Services2.04%
- Communication Services1.33%
- Consumer Cyclical1.23%
- Industrials1.22%
- Consumer Defensive0.97%
- Basic Materials0.78%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Other | 100% |
| Cash | 100% |
| Cash & Others | 100% |
| Technology | 2.53% |
| Financial Services | 2.04% |
| Communication Services | 1.33% |
| Consumer Cyclical | 1.23% |
| Industrials | 1.22% |
| Consumer Defensive | 0.97% |
| Basic Materials | 0.78% |
Country weights
- Cash100%
- Other100%
- United States100%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Cash | 100% |
| Other | 100% |
| United States | 100% |
Performance
| 1 week | -0.2% |
| 1 month | +4.7% |
| 3 months | -6.6% |
| 6 months | -20.7% |
| YTD | -30.1% |
| 1 year | -34.4% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | −$23M |
| 1 month | −$16M |
| 3 months | +$31M |
| YTD | +$104M |
| 1 year | +$46M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
- Inflow / above zero
- Outflow / below zero
Source: Daily creation/redemption records, trailing twelve months
Show as table
| Label | Value ($) |
|---|---|
| Nov | −$76.9M |
| Dec | $17M |
| Jan | −$36.9M |
| Feb | $52.6M |
| Mar | −$22.1M |
| Apr | $92.8M |
| May | $49M |
| Jun | −$93M |
| Jul | $52.8M |
| Aug | $15.5M |
| Sep | −$2.2M |
| Oct | −$4.2M |
The risk read
29%realized volatility, 30 days (annualized)
38%realized volatility, 1 year
-47.5%deepest fall from a peak, 1 year
-44.1%latest close versus that peak
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
27Kcalls · latest snapshot
2Kputs · latest snapshot
0.07put/call ratio
13.7Mshares traded
The case against SPXS
Due diligence cuts both ways. These funds sit on the same shelf and beat SPXS on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IVV iShares Core S&P 500 ETF | 0.03% | $890.4B | +$33.3B | 2755× the assets · +$33.3B in over the month | Head-to-head |
| SPY SPDR S&P 500 ETF Trust | 0.09% | $820.7B | +$14.6B | 2539× the assets · +$14.6B in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $123.5B | +$2.3B | 382× the assets · +$2.3B in over the month | Head-to-head |
| IJR iShares Core S&P Small-Cap ETF | 0.06% | $104.3B | +$383M | 323× the assets · +$383M in over the month | Head-to-head |
| RSP Invesco S&P 500 Equal Weight ETF | 0.20% | $96B | +$956M | 297× the assets · +$956M in over the month | Head-to-head |