Summary
SPXS
Prices · period metrics · 12M
NAV as of 15/10/2026
02/04/2025 → 02/04/2026
Return -34.67% Volatility 56.66% Sharpe -0.80
Official loaded data — not a live quote.

DIREXION DAILY S&P 500(R) BEAR 3X SHARES

Symbol: SPXS

Exchange: NYSE

Sector: Realestate

Category: Trading--Inverse Equity

Inception date: 05/11/2008

Latest date: 15/10/2026

Current price: $24.00

Expense ratio: 1.04%

Assets under management
$339.0M
-2.16% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
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Performance metrics

Period total return

-5.50%

Ann. 252.67% (Sharpe / Sortino numerator)

Volatility

53.68%

Sharpe ratio

4.639

VaR 95%

-3.11%

CVaR 95%: -6.04%
Max drawdown: -10.86%
Sortino ratio: 6.190
Calmar ratio: 23.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-5.39%

Ann. 57.23% (Sharpe / Sortino numerator)

Volatility

42.71%

Sharpe ratio

1.255

VaR 95%

-3.11%

CVaR 95%: -5.37%
Max drawdown: -10.86%
Sortino ratio: 1.848
Calmar ratio: 5.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-24.26%

Ann. 12.17% (Sharpe / Sortino numerator)

Volatility

40.14%

Sharpe ratio

0.213

VaR 95%

-3.43%

CVaR 95%: -5.11%
Max drawdown: -16.85%
Sortino ratio: 0.348
Calmar ratio: 0.72

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-34.67%

Ann. -41.81% (Sharpe / Sortino numerator)

Volatility

56.66%

Sharpe ratio

-0.802

VaR 95%

-4.43%

CVaR 95%: -8.27%
Max drawdown: -65.10%
Sortino ratio: -0.895
Calmar ratio: -0.64

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-60.06%

Ann. -31.37% (Sharpe / Sortino numerator)

Volatility

49.56%

Sharpe ratio

-0.706

VaR 95%

-3.70%

CVaR 95%: -6.82%
Max drawdown: -65.22%
Sortino ratio: -0.887
Calmar ratio: -0.48

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-81.76%

Ann. -37.11% (Sharpe / Sortino numerator)

Volatility

44.98%

Sharpe ratio

-0.906

VaR 95%

-3.77%

CVaR 95%: -6.23%
Max drawdown: -79.64%
Sortino ratio: -1.169
Calmar ratio: -0.47

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 15/10/2025 - 15/10/2026.

Methodology: adjusted prices + daily simple return
Average daily return

-0.141%

Best day

7.882%

05/06/2026
Worst day

-8.58%

31/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
15/10/2026 $24.53 $24.69 $23.91 $24.00 20,130,500
14/10/2026 $23.72 $24.46 $23.59 $24.19 19,215,600
13/10/2026 $23.49 $23.62 $23.37 $23.42 12,837,500
12/10/2026 $23.35 $23.51 $23.30 $23.41 8,998,000
09/10/2026 $23.57 $23.68 $23.29 $23.37 9,337,500
08/10/2026 $23.68 $24.08 $23.48 $23.77 13,211,300
07/10/2026 $23.58 $23.77 $23.38 $23.45 12,579,600
06/10/2026 $23.35 $23.38 $23.04 $23.26 9,651,000
05/10/2026 $24.13 $24.14 $23.48 $23.64 10,438,700
02/10/2026 $24.03 $24.37 $23.84 $24.12 13,838,400