SPDN – Direxion Daily S&P 500® Bear 1X Shares

Direxion Daily S&P 500® Bear 1X Shares (SPDN) is a Trading--Inverse Equity ETF, issued by Direxion Funds, $272M in assets, 0.56% expense ratio.

Returns as of Oct 23, 2026: 1 week +0.4%, 1 year -8.0%.

Provides inverse daily exposure to S&P 500® through swaps, futures, and short positions. Non-diversified.

Top holdings

• FTIXX – Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.4%

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