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Direxion Daily S&P 500 Bear 1X Etf

Direxion Daily S&P 500 Bear 1X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization295.82 mln
Float24.55 mln

Business Description

This fund takes the opposite position of the S&P 500, meaning it is built to gain when the index falls and lose when it rises. It achieves this by using financial contracts and instruments that deliver the reverse of the index's daily performance. The fund concentrates its holdings rather than spreading risk across many positions.

Key Fundamentals

EPS0.61
P/E14.11

Quote Details

Last 8.60
Change 0.14 (1.65%)
Open 8.55
Volume 56,948,264
Turnover 489,755,104
Average Volume 39,216,856

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 0.7% 61 / 100   
1 Month 1.53% 58 / 100   
2 Months -0.92% 49 / 100   
6 Months -2.38% 38 / 100   
1 Year -4.87% 25 / 100   



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