DIREXION DAILY S&P 500 (R) BEAR 1X SHARES

Symbol: SPDN

Exchange: NYSE ARCA

Sector: Realestate

Category: Trading--Inverse Equity

Inception Date: 08/06/2016

Latest Date: 02/04/2026

Current Price: $9.87

Expense Ratio: 0.48%

Assets Under Management
$232.3M
-1.40% daily change

Period Performance

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

Adjusted Return
--
--

Performance Metrics

Return

4.33%

Volatility

18.35%

Sharpe Ratio

3.027

VaR 95%

-1.20%

CVaR 95%: -1.99%
Max Drawdown: -3.62%
Sortino Ratio: 4.563
Calmar Ratio: 16.36
Return

4.67%

Volatility

14.62%

Sharpe Ratio

1.145

VaR 95%

-1.16%

CVaR 95%: -1.76%
Max Drawdown: -3.62%
Sortino Ratio: 1.802
Calmar Ratio: 5.63
Return

3.96%

Volatility

13.72%

Sharpe Ratio

0.329

VaR 95%

-1.24%

CVaR 95%: -1.71%
Max Drawdown: -5.52%
Sortino Ratio: 0.564
Calmar Ratio: 1.48
Return

-11.30%

Volatility

18.69%

Sharpe Ratio

-0.801

VaR 95%

-1.38%

CVaR 95%: -2.62%
Max Drawdown: -26.44%
Sortino Ratio: -0.938
Calmar Ratio: -0.43
Return

-13.17%

Volatility

16.42%

Sharpe Ratio

-0.638

VaR 95%

-1.25%

CVaR 95%: -2.16%
Max Drawdown: -26.44%
Sortino Ratio: -0.841
Calmar Ratio: -0.26
Return

-27.01%

Volatility

14.93%

Sharpe Ratio

-0.913

VaR 95%

-1.23%

CVaR 95%: -1.98%
Max Drawdown: -33.77%
Sortino Ratio: -1.241
Calmar Ratio: -0.30

Daily Returns for Period 12M

Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.

Methodology: adjusted prices + daily simple return
Average Daily Return

-0.041%

Best Day

5.897%

04/04/2025
Worst Day

-9.546%

09/04/2025
Days with Data

251

Recent Price History (Last 90 Days)

Date Open High Low Close Volume
02/04/2026 $10.01 $10.03 $9.83 $9.87 125,256,500
01/04/2026 $9.88 $9.90 $9.81 $9.86 90,516,000
31/03/2026 $10.12 $10.14 $9.92 $9.95 177,448,200
30/03/2026 $10.11 $10.28 $10.10 $10.23 104,669,300
27/03/2026 $10.07 $10.22 $10.07 $10.20 125,439,100
26/03/2026 $9.92 $10.03 $9.87 $10.02 128,241,600
25/03/2026 $9.81 $9.89 $9.78 $9.85 114,475,300
24/03/2026 $9.93 $9.95 $9.84 $9.90 137,458,900
23/03/2026 $9.87 $9.94 $9.80 $9.91 136,458,600
20/03/2026 $9.90 $10.08 $9.89 $10.03 131,740,300