SPXS: Adding Downside Protection At All-Time Highs (Rating Upgrade)

The Direxion Daily S&P 500 Bear 3X Shares ETF benefits from near-term S&P 500 corrections but is a very poor long-term holding. After surging in value during the April 2025 market correction, the ETF is down significantly on the year, with the S&P 500 setting new all-time highs. In this article, I outline potential catalysts that may result in a correction in the S&P 500.

Seeking Alpha • Sep 10, 2025

SPXS: The Leveraged ETF That Could Make Or Break Your Portfolio

Direxion Daily S&P 500® Bear 3X Shares ETF offers 3x daily inverse exposure to the S&P 500, making it suitable for short-term bearish trades amid rising geopolitical risks and volatility. Due to daily resets and compounding effects, SPXS is not appropriate for long-term holding; it's best used for disciplined, tactical trading only. Given current market uncertainty but long-term growth trends, I rate SPXS as a HOLD—useful for active traders, but not for buy-and-hold investors.

Seeking Alpha • Jun 21, 2025

If a Cruel Summer Is Ahead, Consider This Inverse ETF

The dog days of summer don't apply to traders. Seeking profits is an all-season affair.

ETF Trends • Jun 6, 2025

SQQQ vs. SPXS: Which Inverse ETF Is a Better Buy?

The Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS) is comparatively less risky but may offer less reward.

24/7 Wall Street • May 23, 2025

3 Best Inverse ETFs to Profit in a Market Crash

The SH and PSQ ETFs provide simple inverse exposure to major U.S. market indexes.

24/7 Wall Street • May 22, 2025

5 Most Heavily Traded ETFs of the Past 3 Months

We have highlighted five ETFs that have seen higher average volumes over the past three months.

Zacks Investment Research • May 20, 2025

Trade Wars Pushing These 2 ETFs in Different Directions

Trade wars continue to fuel sell-offs in U.S. equities, pushing the S&P 500 down further. The optimism heading into 2025 is giving way to market uncertainty as the post-election rally in November 2024 has lost its momentum.

ETF Trends • Apr 11, 2025

SPXS: Time To Trim Downside Hedges (Rating Downgrade)

The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% (3x) the inverse return of the S&P 500 index. The ETF has surged in value as the S&P 500 retreats from extremely overvalued levels. I outline reasons for reducing hedges such as the SPXS, as well as why they may still make sense in the current environment.

Seeking Alpha • Apr 6, 2025

Ease S&P 500 Uncertainty Fears With These ETFs

With a new U.S. president at the helm and a Fed that's getting mixed signals from the economy, uncertainty abounds. Traders can ease those fears with leveraged and inverse exchange-traded funds (ETFs) from Direxion's product suite.

ETF Trends • Feb 3, 2025

SPXS: S&P 500 Remains Expensive Relative To U.S. And International Alternatives

The Direxion Daily S&P 500 Bear 3X Shares ETF seeks to deliver 300% (3x) of the inverse return of the S&P 500. SPXS is a poor long-term holding but presents a compelling opportunity to add downside protection to your portfolio in the near term. The S&P 500 trades at a 1-2% lower earnings yield relative to small-and-mid cap US stocks despite smaller benefits from the stellar US growth forecast for 2025.

Seeking Alpha • Jan 24, 2025