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 |
|---|---|
| Oct 22, 2025 | $37.78 |
| Oct 23, 2025 | $37.15 |
| Oct 24, 2025 | $36.29 |
| Oct 27, 2025 | $35.00 |
| Oct 28, 2025 | $34.73 |
| Oct 29, 2025 | $34.71 |
| Oct 30, 2025 | $35.85 |
| Oct 31, 2025 | $35.55 |
| Nov 3, 2025 | $35.36 |
| Nov 4, 2025 | $36.64 |
| Nov 5, 2025 | $36.29 |
| Nov 6, 2025 | $37.47 |
| Nov 7, 2025 | $37.40 |
| Nov 10, 2025 | $35.67 |
| Nov 11, 2025 | $35.44 |
| Nov 12, 2025 | $35.40 |
| Nov 13, 2025 | $37.17 |
| Nov 14, 2025 | $37.24 |
| Nov 17, 2025 | $38.28 |
| Nov 18, 2025 | $39.25 |
| Nov 19, 2025 | $38.83 |
| Nov 20, 2025 | $40.63 |
| Nov 21, 2025 | $39.45 |
| Nov 24, 2025 | $37.75 |
| Nov 25, 2025 | $36.69 |
| Nov 26, 2025 | $35.96 |
| Nov 28, 2025 | $35.41 |
| Dec 1, 2025 | $35.90 |
| Dec 2, 2025 | $35.74 |
| Dec 3, 2025 | $35.37 |
| Dec 4, 2025 | $35.30 |
| Dec 5, 2025 | $35.16 |
| Dec 8, 2025 | $35.49 |
| Dec 9, 2025 | $35.58 |
| Dec 10, 2025 | $34.90 |
| Dec 11, 2025 | $34.67 |
| Dec 12, 2025 | $35.83 |
| Dec 15, 2025 | $36.01 |
| Dec 16, 2025 | $36.32 |
| Dec 17, 2025 | $37.55 |
| Dec 18, 2025 | $36.71 |
| Dec 19, 2025 | $35.74 |
| Dec 22, 2025 | $35.09 |
| Dec 23, 2025 | $34.43 |
| Dec 24, 2025 | $34.11 |
| Dec 26, 2025 | $34.15 |
| Dec 29, 2025 | $34.52 |
| Dec 30, 2025 | $34.66 |
| Dec 31, 2025 | $35.47 |
| Jan 2, 2026 | $35.32 |
| Jan 5, 2026 | $34.63 |
| Jan 6, 2026 | $34.02 |
| Jan 7, 2026 | $34.36 |
| Jan 8, 2026 | $34.39 |
| Jan 9, 2026 | $33.75 |
| Jan 12, 2026 | $33.60 |
| Jan 13, 2026 | $33.81 |
| Jan 14, 2026 | $34.33 |
| Jan 15, 2026 | $34.07 |
| Jan 16, 2026 | $34.22 |
| Jan 20, 2026 | $36.31 |
| Jan 21, 2026 | $35.06 |
| Jan 22, 2026 | $34.53 |
| Jan 23, 2026 | $34.54 |
| Jan 26, 2026 | $34.02 |
| Jan 27, 2026 | $33.61 |
| Jan 28, 2026 | $33.63 |
| Jan 29, 2026 | $33.86 |
| Jan 30, 2026 | $34.21 |
| Feb 2, 2026 | $33.69 |
| Feb 3, 2026 | $34.59 |
| Feb 4, 2026 | $35.09 |
| Feb 5, 2026 | $36.44 |
| Feb 6, 2026 | $34.36 |
| Feb 9, 2026 | $33.89 |
| Feb 10, 2026 | $34.17 |
| Feb 11, 2026 | $34.20 |
| Feb 12, 2026 | $35.81 |
| Feb 13, 2026 | $35.80 |
| Feb 17, 2026 | $35.63 |
| Feb 18, 2026 | $35.10 |
| Feb 19, 2026 | $35.37 |
| Feb 20, 2026 | $34.67 |
| Feb 23, 2026 | $35.73 |
| Feb 24, 2026 | $34.96 |
| Feb 25, 2026 | $34.10 |
| Feb 26, 2026 | $34.67 |
| Feb 27, 2026 | $35.20 |
| Mar 2, 2026 | $35.19 |
| Mar 3, 2026 | $36.14 |
| Mar 4, 2026 | $35.38 |
| Mar 5, 2026 | $35.97 |
| Mar 6, 2026 | $37.43 |
| Mar 9, 2026 | $36.46 |
| Mar 10, 2026 | $36.68 |
| Mar 11, 2026 | $36.82 |
| Mar 12, 2026 | $38.51 |
| Mar 13, 2026 | $39.21 |
| Mar 16, 2026 | $38.04 |
| Mar 17, 2026 | $37.75 |
| Mar 18, 2026 | $39.34 |
| Mar 19, 2026 | $39.66 |
| Mar 20, 2026 | $41.42 |
| Mar 23, 2026 | $40.15 |
| Mar 24, 2026 | $40.15 |
| Mar 25, 2026 | $39.50 |
| Mar 26, 2026 | $41.63 |
| Mar 27, 2026 | $43.81 |
| Mar 30, 2026 | $44.29 |
| Mar 31, 2026 | $40.49 |
| Apr 1, 2026 | $39.54 |
| Apr 2, 2026 | $39.48 |
| Apr 6, 2026 | $38.96 |
| Apr 7, 2026 | $38.89 |
| Apr 8, 2026 | $35.98 |
| Apr 9, 2026 | $35.36 |
| Apr 10, 2026 | $35.48 |
| Apr 13, 2026 | $34.45 |
| Apr 14, 2026 | $33.22 |
| Apr 15, 2026 | $32.43 |
| Apr 16, 2026 | $32.19 |
| Apr 17, 2026 | $31.07 |
| Apr 20, 2026 | $31.23 |
| Apr 21, 2026 | $31.87 |
| Apr 22, 2026 | $30.90 |
| Apr 23, 2026 | $31.29 |
| Apr 24, 2026 | $30.59 |
| Apr 27, 2026 | $30.45 |
| Apr 28, 2026 | $30.92 |
| Apr 29, 2026 | $30.94 |
| Apr 30, 2026 | $30.05 |
| May 1, 2026 | $29.80 |
| May 4, 2026 | $30.13 |
| May 5, 2026 | $29.44 |
| May 6, 2026 | $28.23 |
| May 7, 2026 | $28.49 |
| May 8, 2026 | $27.82 |
| May 11, 2026 | $27.66 |
| May 12, 2026 | $27.76 |
| May 13, 2026 | $27.32 |
| May 14, 2026 | $26.69 |
| May 15, 2026 | $27.69 |
| May 18, 2026 | $27.76 |
| May 19, 2026 | $28.31 |
| May 20, 2026 | $27.45 |
| May 21, 2026 | $27.30 |
| May 22, 2026 | $27.00 |
| May 26, 2026 | $26.49 |
| May 27, 2026 | $26.50 |
| May 28, 2026 | $26.08 |
| May 29, 2026 | $25.93 |
| Jun 1, 2026 | $25.72 |
| Jun 2, 2026 | $25.62 |
| Jun 3, 2026 | $26.18 |
| Jun 4, 2026 | $25.88 |
| Jun 5, 2026 | $27.92 |
| Jun 8, 2026 | $27.72 |
| Jun 9, 2026 | $27.99 |
| Jun 10, 2026 | $29.31 |
| Jun 11, 2026 | $27.87 |
| Jun 12, 2026 | $27.43 |
| Jun 15, 2026 | $26.00 |
| Jun 16, 2026 | $26.45 |
| Jun 17, 2026 | $27.46 |
| Jun 18, 2026 | $26.67 |
| Jun 22, 2026 | $26.92 |
| Jun 23, 2026 | $27.84 |
| Jun 24, 2026 | $27.92 |
| Jun 25, 2026 | $27.93 |
| Jun 26, 2026 | $28.52 |
| Jun 29, 2026 | $27.07 |
| Jun 30, 2026 | $26.49 |
| Jul 1, 2026 | $26.58 |
| Jul 2, 2026 | $26.70 |
| Jul 6, 2026 | $26.02 |
| Jul 7, 2026 | $26.42 |
| Jul 8, 2026 | $26.68 |
| Jul 9, 2026 | $26.01 |
| Jul 10, 2026 | $25.70 |
| Jul 13, 2026 | $26.29 |
| Jul 14, 2026 | $26.02 |
| Jul 15, 2026 | $25.73 |
| Jul 16, 2026 | $26.16 |
| Jul 17, 2026 | $26.98 |
| Jul 20, 2026 | $27.10 |
| Jul 21, 2026 | $26.44 |
| 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 |
Price history on file begins Oct 22, 2025, so 5Y shows all of it.
Monthly net flows, 5Y
Net outflow over the range: −$1.1B
- Inflow / above zero
- Outflow / below zero
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Aug ’24 | −$140M |
| Sep ’24 | $799.7M |
| Oct ’24 | $306.6M |
| Nov ’24 | −$693.5M |
| Dec ’24 | −$294.6M |
| Jan ’25 | $25.1M |
| Feb ’25 | $241.4M |
| Mar ’25 | −$321.3M |
| Apr ’25 | $266.9M |
| May ’25 | $796M |
| Jun ’25 | $635.3M |
| Jul ’25 | $740.1M |
| Aug ’25 | $102.8M |
| Sep ’25 | −$3.6B |
| Oct ’25 | $13.8M |
| Nov ’25 | −$76.9M |
| Dec ’25 | $17M |
| Jan ’26 | −$36.9M |
| Feb ’26 | $52.6M |
| Mar ’26 | −$22.1M |
| Apr ’26 | $92.8M |
| May ’26 | $49M |
| Jun ’26 | −$93M |
| Jul ’26 | $52.8M |
| Aug ’26 | $15.5M |
| Sep ’26 | −$2.2M |
| Oct ’26 | −$4.2M |
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 |