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Direxion Daily S&P 500 Bear 3X Etf

Direxion Daily S&P 500 Bear 3X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization339.65 mln

Business Description

This fund aims to deliver three times the daily inverse performance of its target index, meaning it rises when the index falls and falls when it rises. It achieves this by using financial instruments such as futures contracts, swap agreements, and short positions. The underlying index measures a broad group of stocks weighted by their publicly available market value. Investors should note that this fund concentrates its holdings rather than spreading risk across many positions.

Key Fundamentals

EPS1.83
P/E13.77

Quote Details

Last 25.20
Change 0.42 (1.69%)
Open 25.21
Volume 11,654,820
Turnover 293,701,472
Average Volume 14,402,088

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 1.53% 76 / 100   
1 Month 3.87% 80 / 100   
2 Months -5.69% 30 / 100   
6 Months -15.72% 16 / 100   
1 Year -30.71% 9 / 100   



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