SPXS – Direxion Daily S&P 500® Bear 3X Shares

Direxion Daily S&P 500® Bear 3X Shares (SPXS) is a Trading--Inverse Equity ETF, issued by Direxion Funds, $327M in assets, 1.01% expense ratio.

Returns as of Oct 23, 2026: 1 week +1.5%, 1 year -29.2%.

Provides 3X daily inverse exposure to S&P 500 index using financial instruments like swaps, futures, and short positions.

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