---
ticker: "SPDN"
name: "Direxion Daily S&P 500 Bear 1X ETF"
url: "https://etf.net/etf/SPDN"
grade: "A"
score: 74
graded_at: "2026-10-12"
category: "Inverse S&P 500"
category_rank: "1 of 5"
methodology: "https://etf.net/methodology"
---

# SPDN: Direxion Daily S&P 500 Bear 1X ETF

Grade **A**, Score 74 of 100. Rank 1 of 5 in Inverse S&P 500.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 1 of 5 |
| Mission | Not scored | — |
| Risk | 65 | 1 of 5 |
| Tradability | 69 | 2 of 5 |
| Holdings | Not scored | — |
| Durability | 42 | 4 of 5 |

## Top holdings

The fund holds 2 positions. These are the largest 2, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Spx Swap Asset Leg (Spxbcs) | 2262.87% |
| 2 | — | Spx Swap Asset Leg (Spxubs) | 689.93% |

Source: etf.net, https://etf.net/etf/SPDN. Please cite the page URL.