Direxion Daily S&P 500 Bear 1X Shares (SPDN)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
9.13 USD
-0.11
(-1.190%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 9.13 Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★★ |
Hot Take | April 11, 2026, 2:56 p.m. EDT
SPDN is a bearish leveraged ETF tracking the S&P 500, with a high dividend yield that suggests it could be attractive for income-focused investors. However, the recent price action shows volatility and mixed signals from options activity, indicating potential for both upward and downward movements. While the dividend yield is strong, the short-term forecast suggests a slight decline, making it a cautious buy for those with a short-term outlook. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.020658 |
| AutoETS | 0.020658 |
| AutoTheta | 0.024793 |
| AutoARIMA | 0.034754 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 9.93 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.131 |
| Excess Kurtosis | -0.35 |
As of April 11, 2026, 2:56 p.m. EDT: Options activity indicates mixed sentiment. The calls show higher volatility and interest in higher strikes, suggesting potential for upward movement, while puts show significant positioning around the ATM strike, indicating caution or bearish expectations. The high IV in some expirations suggests increased uncertainty or speculation about future price movements.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.53% | 3.64% | 5.06% | 3.40% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.052 | 0.525253 |
| 2025-12-23 | 0.075 | 0.808099 |
| 2025-09-23 | 0.094 | 0.988081 |
| 2025-06-24 | 0.135 | 1.318741 |
| 2025-03-25 | 0.079 | 0.727701 |
| 2024-12-23 | 0.137 | 1.320693 |
| 2024-09-24 | 0.146 | 1.373774 |
| 2024-06-25 | 0.163 | 1.487390 |
| 2024-03-19 | 0.140 | 1.235173 |
| 2023-12-21 | 0.212 | 1.744088 |
| 2023-09-19 | 0.205 | 1.598046 |
| 2023-06-21 | 0.265 | 2.063704 |
| 2023-03-21 | 0.094 | 0.682064 |
| 2022-12-20 | 0.133 | 0.929687 |
| 2022-09-20 | 0.025 | 0.175520 |
| 2020-03-24 | 0.018 | 0.069927 |
| 2019-12-23 | 0.074 | 0.354100 |
| 2019-09-24 | 0.111 | 0.488593 |
| 2019-06-25 | 0.122 | 0.528427 |
| 2019-03-19 | 0.153 | 0.645231 |
| 2018-12-27 | 0.109 | 0.404534 |
| 2018-09-25 | 0.114 | 0.491311 |
| 2018-06-19 | 0.140 | 0.573169 |
| 2018-03-20 | 0.031 | 0.124757 |
| 2017-12-19 | 0.053 | 0.209320 |
| 2017-09-19 | 0.038 | 0.139981 |
| 2017-06-20 | 0.037 | 0.132340 |
| Attribute | Value |
|---|---|
| All Time High | 42.2 |
| All Time Low | 9.09 |
| Ask | 10.24 |
| Ask Size | 908,300 |
| Average Daily Volume10 Day | 64,228,700 |
| Average Daily Volume3 Month | 68,720,259 |
| Average Volume | 68,720,259 |
| Average Volume10Days | 64,228,700 |
| Beta3 Year | -0.97 |
| Bid | 9.11 |
| Bid Size | 402,600 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.18 |
| Day Low | 9.09 |
| Dividend Yield | 3.58 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.6144 |
| Fifty Day Average Change | -0.4843998 |
| Fifty Day Average Change Percent | -0.050382737 |
| Fifty Two Week Change Percent | -26.548672 |
| Fifty Two Week High | 12.57 |
| Fifty Two Week High Change | -3.4399996 |
| Fifty Two Week High Change Percent | -0.27366742 |
| Fifty Two Week Low | 9.09 |
| Fifty Two Week Low Change | 0.03999996 |
| Fifty Two Week Low Change Percent | 0.004400436 |
| Fifty Two Week Range | 9.09 - 12.57 |
| First Trade Date Milliseconds | 1,465,565,400,000 |
| Five Year Average Return | -0.0816403 |
| Full Exchange Name | NYSEArca |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,465,344,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index is designed to be comprised of stocks that are the 500 leading, large-cap U.S.-listed issuers. The fund invests at least 80% of the fund’s net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index, which, in combination, provider returns consistent with the objective. It is non-diversified. |
| Long Name | Direxion Daily S&P 500 Bear 1X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_340852490 |
| Nav Price | 9.122 |
| Net Assets | 308,081,088.0 |
| Net Expense Ratio | 0.48 |
| Open | 9.17 |
| Phone | 866-476-7523 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 9.13 |
| Post Market Time | 1,776,470,293 |
| Previous Close | 9.24 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.11 |
| Regular Market Change Percent | -1.19047 |
| Regular Market Day High | 9.18 |
| Regular Market Day Low | 9.09 |
| Regular Market Day Range | 9.09 - 9.18 |
| Regular Market Open | 9.17 |
| Regular Market Previous Close | 9.24 |
| Regular Market Price | 9.13 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 49,710,257 |
| Short Name | Direxion Daily S&P 500 Bear 1X |
| Source Interval | 15 |
| Symbol | SPDN |
| Three Year Average Return | -0.1188054 |
| Total Assets | 308,081,088 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 5.85799 |
| Trailing Three Month Returns | 5.85799 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.685075 |
| Two Hundred Day Average Change | -0.5550747 |
| Two Hundred Day Average Change Percent | -0.05731238 |
| Type Disp | ETF |
| Volume | 49,710,257 |
| Yield | 0.0358 |
| Ytd Return | 5.85799 |