SPDN

Fund Description
The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the S&P 500 Index. The S&P 500 Index is a capitalization weighted index composed of 500 domestic common stocks. Standard & Poor s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and are generally listed on the New York Stock exchange. The companies included in the index have an average market capitalization of more than $36.61 billion dollars and a median market capitalization of $17.29 billion dollars as of May 31, 2016. One cannot directly invest in an index.
Fund Profile
Fund Name Direxion Daily S&P 500 Bear 1x Shares
Fund Exchange Ticker SPDN
Fund Sponsor Direxion Shares
Fund ISIN US25460E8690
Net Expense Ratio 0.45 %
Fund Inception Date 8 June 2016
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name S&P 500 Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Inverse (-1)
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 17 June 2019
Asset Under Management 15.17 Million (USD)
1 Month Total Return -0.37 %
Year To Date Return -12.85 %
1 Year Total Return -3.66 %
3 Year Annualized Total Return -11.48 %
NAV 27.585
Share Outstanding 549,982
Top 10 Holdings (17 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
GOLDMAN FINL SQ TRSRY INST 506 MMKT 3.3144912883
BANK OF NEW YORK CASH RESERVE MMKT 13.8596528001
GOLDMAN FINL SQ TRSRY INS MMKT 1.0313667360
S&P 500 INDEX SWAP SPX SWAP -17.2055108244