SPDN Stock Summary and Trading Ideas (Direxion Daily S&P 500 Bear 1X | ARCA:SPDN)

The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the S&P 500 Index. The S&P 500 Index is a capitalization weighted index composed of 500 domestic common stocks. Standard & Poor s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and are generally listed on the New York Stock exchange. The companies included in the index have an average market capitalization of more than $36.61 billion dollars and a median market capitalization of $17.29 billion dollars as of May 31, 2016. One cannot directly invest in an index.

Direxion Daily S&P 500 Bear 1X trades on the ARCA stock market under the symbol SPDN.

As of December 12, 2025, SPDN stock price climbed to $9.51 with 40,542,216 million shares trading.

SPDN has a beta of -1.00, meaning it tends to be less sensitive to market movements. SPDN has a correlation of 0.99 to the broad based SPY ETF.

SPDN has a market cap of $212.07 million. This is considered a Small Cap stock.

In the last 3 years, SPDN traded as high as $16.81 and as low as $9.33.

SPDN has underperformed the market in the last year with a return of -7.8%, while the SPY ETF gained +14.0%. In the last 3 month period, SPDN fell short of the market, returning -2.3%, while SPY returned +4.0%. However, in the most recent 2 weeks SPDN has outperformed the stock market by returning +0.5%, while SPY returned -0.2%.

SPDN support price is $9.32 and resistance is $9.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPDN shares will trade within this expected range on the day.