SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARESINDEX
DIREXION DAILY S&P 500 (R) BEAR 1X SHARES
$8.44-0.71% vs prior close
8.3010.2352-WK
Price through Oct 27, 2026 · Flows through Oct 26, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 27, 2026. Holdings snapshot retrieved Oct 27, 2026.
SPDN price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | SPDN close |
|---|---|
| Oct 27, 2025 | $9.38 |
| Oct 28, 2025 | $9.36 |
| Oct 29, 2025 | $9.36 |
| Oct 30, 2025 | $9.47 |
| Oct 31, 2025 | $9.43 |
| Nov 3, 2025 | $9.43 |
| Nov 4, 2025 | $9.55 |
| Nov 5, 2025 | $9.50 |
| Nov 6, 2025 | $9.62 |
| Nov 7, 2025 | $9.62 |
| Nov 10, 2025 | $9.47 |
| Nov 11, 2025 | $9.44 |
| Nov 12, 2025 | $9.45 |
| Nov 13, 2025 | $9.60 |
| Nov 14, 2025 | $9.61 |
| Nov 17, 2025 | $9.69 |
| Nov 18, 2025 | $9.78 |
| Nov 19, 2025 | $9.75 |
| Nov 20, 2025 | $9.89 |
| Nov 21, 2025 | $9.81 |
| Nov 24, 2025 | $9.65 |
| Nov 25, 2025 | $9.56 |
| Nov 26, 2025 | $9.50 |
| Nov 28, 2025 | $9.46 |
| Dec 1, 2025 | $9.51 |
| Dec 2, 2025 | $9.49 |
| Dec 3, 2025 | $9.46 |
| Dec 4, 2025 | $9.46 |
| Dec 5, 2025 | $9.45 |
| Dec 8, 2025 | $9.48 |
| Dec 9, 2025 | $9.49 |
| Dec 10, 2025 | $9.43 |
| Dec 11, 2025 | $9.41 |
| Dec 12, 2025 | $9.51 |
| Dec 15, 2025 | $9.52 |
| Dec 16, 2025 | $9.55 |
| Dec 17, 2025 | $9.67 |
| Dec 18, 2025 | $9.58 |
| Dec 19, 2025 | $9.52 |
| Dec 22, 2025 | $9.46 |
| Dec 23, 2025 | $9.33 |
| Dec 24, 2025 | $9.30 |
| Dec 26, 2025 | $9.31 |
| Dec 29, 2025 | $9.34 |
| Dec 30, 2025 | $9.36 |
| Dec 31, 2025 | $9.43 |
| Jan 2, 2026 | $9.43 |
| Jan 5, 2026 | $9.37 |
| Jan 6, 2026 | $9.31 |
| Jan 7, 2026 | $9.35 |
| Jan 8, 2026 | $9.35 |
| Jan 9, 2026 | $9.28 |
| Jan 12, 2026 | $9.27 |
| Jan 13, 2026 | $9.29 |
| Jan 14, 2026 | $9.34 |
| Jan 15, 2026 | $9.32 |
| Jan 16, 2026 | $9.33 |
| Jan 20, 2026 | $9.53 |
| Jan 21, 2026 | $9.42 |
| Jan 22, 2026 | $9.38 |
| Jan 23, 2026 | $9.38 |
| Jan 26, 2026 | $9.33 |
| Jan 27, 2026 | $9.28 |
| Jan 28, 2026 | $9.29 |
| Jan 29, 2026 | $9.31 |
| Jan 30, 2026 | $9.34 |
| Feb 2, 2026 | $9.31 |
| Feb 3, 2026 | $9.39 |
| Feb 4, 2026 | $9.44 |
| Feb 5, 2026 | $9.55 |
| Feb 6, 2026 | $9.37 |
| Feb 9, 2026 | $9.33 |
| Feb 10, 2026 | $9.36 |
| Feb 11, 2026 | $9.35 |
| Feb 12, 2026 | $9.50 |
| Feb 13, 2026 | $9.51 |
| Feb 17, 2026 | $9.50 |
| Feb 18, 2026 | $9.44 |
| Feb 19, 2026 | $9.47 |
| Feb 20, 2026 | $9.41 |
| Feb 23, 2026 | $9.52 |
| Feb 24, 2026 | $9.44 |
| Feb 25, 2026 | $9.36 |
| Feb 26, 2026 | $9.42 |
| Feb 27, 2026 | $9.46 |
| Mar 2, 2026 | $9.46 |
| Mar 3, 2026 | $9.56 |
| Mar 4, 2026 | $9.48 |
| Mar 5, 2026 | $9.53 |
| Mar 6, 2026 | $9.67 |
| Mar 9, 2026 | $9.59 |
| Mar 10, 2026 | $9.61 |
| Mar 11, 2026 | $9.61 |
| Mar 12, 2026 | $9.77 |
| Mar 13, 2026 | $9.83 |
| Mar 16, 2026 | $9.72 |
| Mar 17, 2026 | $9.70 |
| Mar 18, 2026 | $9.85 |
| Mar 19, 2026 | $9.87 |
| Mar 20, 2026 | $10.03 |
| Mar 23, 2026 | $9.91 |
| Mar 24, 2026 | $9.90 |
| Mar 25, 2026 | $9.85 |
| Mar 26, 2026 | $10.02 |
| Mar 27, 2026 | $10.20 |
| Mar 30, 2026 | $10.23 |
| Mar 31, 2026 | $9.95 |
| Apr 1, 2026 | $9.86 |
| Apr 2, 2026 | $9.87 |
| Apr 6, 2026 | $9.82 |
| Apr 7, 2026 | $9.82 |
| Apr 8, 2026 | $9.58 |
| Apr 9, 2026 | $9.52 |
| Apr 10, 2026 | $9.53 |
| Apr 13, 2026 | $9.43 |
| Apr 14, 2026 | $9.33 |
| Apr 15, 2026 | $9.26 |
| Apr 16, 2026 | $9.24 |
| Apr 17, 2026 | $9.13 |
| Apr 20, 2026 | $9.14 |
| Apr 21, 2026 | $9.20 |
| Apr 22, 2026 | $9.11 |
| Apr 23, 2026 | $9.15 |
| Apr 24, 2026 | $9.09 |
| Apr 27, 2026 | $9.07 |
| Apr 28, 2026 | $9.12 |
| Apr 29, 2026 | $9.12 |
| Apr 30, 2026 | $9.03 |
| May 1, 2026 | $9.00 |
| May 4, 2026 | $9.05 |
| May 5, 2026 | $8.98 |
| May 6, 2026 | $8.85 |
| May 7, 2026 | $8.88 |
| May 8, 2026 | $8.82 |
| May 11, 2026 | $8.79 |
| May 12, 2026 | $8.80 |
| May 13, 2026 | $8.75 |
| May 14, 2026 | $8.70 |
| May 15, 2026 | $8.80 |
| May 18, 2026 | $8.82 |
| May 19, 2026 | $8.88 |
| May 20, 2026 | $8.79 |
| May 21, 2026 | $8.77 |
| May 22, 2026 | $8.74 |
| May 26, 2026 | $8.68 |
| May 27, 2026 | $8.69 |
| May 28, 2026 | $8.64 |
| May 29, 2026 | $8.62 |
| Jun 1, 2026 | $8.61 |
| Jun 2, 2026 | $8.60 |
| Jun 3, 2026 | $8.65 |
| Jun 4, 2026 | $8.62 |
| Jun 5, 2026 | $8.84 |
| Jun 8, 2026 | $8.83 |
| Jun 9, 2026 | $8.86 |
| Jun 10, 2026 | $9.00 |
| Jun 11, 2026 | $8.85 |
| Jun 12, 2026 | $8.81 |
| Jun 15, 2026 | $8.66 |
| Jun 16, 2026 | $8.71 |
| Jun 17, 2026 | $8.81 |
| Jun 18, 2026 | $8.73 |
| Jun 22, 2026 | $8.75 |
| Jun 23, 2026 | $8.81 |
| Jun 24, 2026 | $8.83 |
| Jun 25, 2026 | $8.83 |
| Jun 26, 2026 | $8.87 |
| Jun 29, 2026 | $8.74 |
| Jun 30, 2026 | $8.67 |
| Jul 1, 2026 | $8.69 |
| Jul 2, 2026 | $8.71 |
| Jul 6, 2026 | $8.62 |
| Jul 7, 2026 | $8.68 |
| Jul 8, 2026 | $8.69 |
| Jul 9, 2026 | $8.63 |
| Jul 10, 2026 | $8.59 |
| Jul 13, 2026 | $8.67 |
| Jul 14, 2026 | $8.63 |
| Jul 15, 2026 | $8.60 |
| Jul 16, 2026 | $8.65 |
| Jul 17, 2026 | $8.75 |
| Jul 20, 2026 | $8.75 |
| Jul 21, 2026 | $8.69 |
| Jul 22, 2026 | $8.70 |
| Jul 23, 2026 | $8.80 |
| Jul 24, 2026 | $8.80 |
| Jul 27, 2026 | $8.80 |
| Jul 28, 2026 | $8.78 |
| Jul 29, 2026 | $8.91 |
| Jul 30, 2026 | $8.78 |
| Jul 31, 2026 | $8.71 |
| Aug 3, 2026 | $8.60 |
| Aug 4, 2026 | $8.44 |
| Aug 5, 2026 | $8.45 |
| Aug 6, 2026 | $8.48 |
| Aug 7, 2026 | $8.43 |
| Aug 10, 2026 | $8.43 |
| Aug 11, 2026 | $8.46 |
| Aug 12, 2026 | $8.44 |
| Aug 13, 2026 | $8.39 |
| Aug 14, 2026 | $8.40 |
| Aug 17, 2026 | $8.45 |
| Aug 18, 2026 | $8.50 |
| Aug 19, 2026 | $8.49 |
| Aug 20, 2026 | $8.57 |
| Aug 21, 2026 | $8.53 |
| Aug 24, 2026 | $8.56 |
| Aug 25, 2026 | $8.52 |
| Aug 26, 2026 | $8.53 |
| Aug 27, 2026 | $8.48 |
| Aug 28, 2026 | $8.49 |
| Aug 31, 2026 | $8.53 |
| Sep 1, 2026 | $8.59 |
| Sep 2, 2026 | $8.56 |
| Sep 3, 2026 | $8.47 |
| Sep 4, 2026 | $8.51 |
| Sep 8, 2026 | $8.55 |
| Sep 9, 2026 | $8.60 |
| Sep 10, 2026 | $8.64 |
| Sep 11, 2026 | $8.58 |
| Sep 14, 2026 | $8.62 |
| Sep 15, 2026 | $8.65 |
| Sep 16, 2026 | $8.69 |
| Sep 17, 2026 | $8.59 |
| Sep 18, 2026 | $8.59 |
| Sep 21, 2026 | $8.46 |
| Sep 22, 2026 | $8.34 |
| Sep 23, 2026 | $8.42 |
| Sep 24, 2026 | $8.41 |
| Sep 25, 2026 | $8.38 |
| Sep 28, 2026 | $8.45 |
| Sep 29, 2026 | $8.47 |
| Sep 30, 2026 | $8.48 |
| Oct 1, 2026 | $8.47 |
| Oct 2, 2026 | $8.42 |
| Oct 5, 2026 | $8.36 |
| Oct 6, 2026 | $8.30 |
| Oct 7, 2026 | $8.33 |
| Oct 8, 2026 | $8.38 |
| Oct 9, 2026 | $8.32 |
| Oct 12, 2026 | $8.34 |
| Oct 13, 2026 | $8.34 |
| Oct 14, 2026 | $8.43 |
| Oct 15, 2026 | $8.41 |
| Oct 16, 2026 | $8.51 |
| Oct 19, 2026 | $8.47 |
| Oct 20, 2026 | $8.44 |
| Oct 21, 2026 | $8.39 |
| Oct 22, 2026 | $8.50 |
| Oct 23, 2026 | $8.54 |
| Oct 26, 2026 | $8.50 |
| Oct 27, 2026 | $8.44 |
Price history on file begins Oct 27, 2025, so 5Y shows all of it.
Monthly net flows, 5Y
Net inflow over the range: +$217M
- Inflow / above zero
- Outflow / below zero
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Aug ’24 | $13.2M |
| Sep ’24 | −$7.7M |
| Oct ’24 | −$7.7M |
| Nov ’24 | −$11M |
| Dec ’24 | $5M |
| Jan ’25 | −$4.4M |
| Feb ’25 | $33.5M |
| Mar ’25 | $35.5M |
| Apr ’25 | −$45.3M |
| May ’25 | $3.9M |
| Jun ’25 | −$25.6M |
| Jul ’25 | −$8M |
| Aug ’25 | $7.5M |
| Sep ’25 | $18M |
| Oct ’25 | −$16.1M |
| Nov ’25 | $112.8M |
| Dec ’25 | −$36M |
| Jan ’26 | $21.1M |
| Feb ’26 | $23.8M |
| Mar ’26 | $64.5M |
| Apr ’26 | −$62M |
| May ’26 | −$12.6M |
| Jun ’26 | −$4M |
| Jul ’26 | $34.2M |
| Aug ’26 | $18.3M |
| Sep ’26 | $28.9M |
| Oct ’26 | $36.7M |
The desk’s read
Money keeps arriving — +$46M of net inflows over the past month, about 15.5% of the fund's asset base, while the price has returned -10.5% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$298Massets under management
—expense ratio
+$46Mnet flow, trailing month
40Mavg daily volume, 30 days
1holdings · US-domiciled
2024listed April 20, 2024 · beta -1.00
Sector weights
- Other100%
- Cash100%
- Cash & Others100%
- Basic Materials1.92%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Other | 100% |
| Cash | 100% |
| Cash & Others | 100% |
| Basic Materials | 1.92% |
Country weights
- United States100%
- Other100%
- Cash100%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| United States | 100% |
| Other | 100% |
| Cash | 100% |
Performance
| 1 week | +0.6% |
| 1 month | +0.7% |
| 3 months | -4.1% |
| 6 months | -7.2% |
| YTD | -10.5% |
| 1 year | -10.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | +$10M |
| 1 month | +$46M |
| 3 months | +$98M |
| YTD | +$149M |
| 1 year | +$214M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
- Inflow / above zero
- Outflow / below zero
Source: Daily creation/redemption records, trailing twelve months
Show as table
| Label | Value ($) |
|---|---|
| Nov | $112.8M |
| Dec | −$36M |
| Jan | $21.1M |
| Feb | $23.8M |
| Mar | $64.5M |
| Apr | −$62M |
| May | −$12.6M |
| Jun | −$4M |
| Jul | $34.2M |
| Aug | $18.3M |
| Sep | $28.9M |
| Oct | $36.7M |
The risk read
10%realized volatility, 30 days (annualized)
13%realized volatility, 1 year
-18.9%deepest fall from a peak, 1 year
-17.5%latest close versus that peak
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
2calls · latest snapshot
1puts · latest snapshot
0.50put/call ratio
24Mshares traded
The case against SPDN
Due diligence cuts both ways. These funds sit on the same shelf and beat SPDN 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 | |
|---|---|---|---|---|---|
| SPY SPDR S&P 500 ETF Trust | 0.09% | $807.9B | +$2.9B | 2712× the assets · +$2.9B in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $123.5B | +$2.3B | 415× the assets · +$2.3B in over the month | Head-to-head |
| IJR iShares Core S&P Small-Cap ETF | 0.06% | $104.3B | +$383M | 350× the assets · +$383M in over the month | Head-to-head |
| RSP Invesco S&P 500 Equal Weight ETF | 0.20% | $96B | +$956M | 322× the assets · +$956M in over the month | Head-to-head |
| IVW iShares S&P 500 Growth ETF | 0.18% | $80B | +$175M | 269× the assets · +$175M in over the month | Head-to-head |