Direxion Daily S&P 500 Bear 3X(SPXS)

Description: The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P 500® Index. The fund normally creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a capitalization-weighted index composed of 500 domestic common stocks. The fund is non-diversified.

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Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF S&P 500 Index Inverse ETF Bear Market ETF Repurchase Agreement Forward Contract

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Home Page: www.direxioninvestments.com/products/direxion-daily-sp-500-bull-3x-etf

SPXS Technical Analysis

Exchange: NYSE ARCA

Country: US : United States of America

Currency: US Dollar ($)

Category: Trading--Inverse Equity