Summary
SPXS
Prices · period metrics · 12M
NAV as of 16/07/2026
02/04/2025 → 02/04/2026
Return -41.05% 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: 16/07/2026

Current price: $26.16

Expense ratio: 1.04%

Assets under management
$297.6M
0.81% 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

-0.21%

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

-18.00%

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

-22.13%

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

-41.05%

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

-60.12%

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

-77.87%

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: 16/07/2025 - 16/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

-0.182%

Best day

8.208%

10/10/2025
Worst day

-8.58%

31/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
16/07/2026 $25.95 $26.45 $25.77 $26.16 8,447,000
15/07/2026 $25.79 $26.19 $25.64 $25.73 9,084,100
14/07/2026 $26.11 $26.34 $25.86 $26.02 10,096,900
13/07/2026 $25.96 $26.42 $25.81 $26.29 11,479,300
10/07/2026 $25.99 $26.40 $25.65 $25.70 10,762,600
09/07/2026 $26.47 $26.66 $25.97 $26.01 7,087,000
08/07/2026 $26.90 $27.29 $26.59 $26.68 10,214,500
07/07/2026 $26.14 $26.66 $26.07 $26.42 7,801,200
06/07/2026 $26.31 $26.44 $25.90 $26.02 6,891,500
02/07/2026 $26.43 $27.21 $26.01 $26.70 12,632,900