SPXS: A -3x Inverse Leveraged Strategy On The S&P 500 (NYSEARCA:SPXS)

SPXS: A -3x Inverse Leveraged Strategy On The S&P 500 Summary The Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS) targets -3x daily S&P 500 performance, offering high liquidity for tactical traders. SPXS is strictly for short-term, daily trading; holding longer risks severe value decay due to compounding and long-term market growth. SPXS carries a 102bps expense ratio and significant risks, including amplified losses, value decay, and potential tracking error from swap mechanics. Strict risk management and disciplined sell strategies are essential when trading SPXS, which is unsuitable for long-term investors. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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