Find Out More About the Index Tracked by SPDN

SPDN offers traders a dynamic way to take risk on daily S&P 500^® index movements. SPDN is designed to deliver 1X the inverse of the daily performance of the same index, allowing investors an opportunity to attempt to profit from declines in the S&P 500^®. This makes SPDN a potential tool for hedging or implementing a bearish strategy.

Latest Leveraged & Inverse ETF Insights

Q3 Earnings Season: Outlook Looks Murky for Traders

Oct 17, 2024 | 6 min read

Wall Street analysts are revising their outlook for Q3 2024 earnings, expecting a notable cooling for the S&P 500.

Q3 Earnings for the Magnificent 7: Traders Beware

Oct 17, 2024 | 4 min read

For short-term traders, the Q3 2024 earnings season for the “Magnificent Seven” – Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla – may be an opportunity, but not without risk.

Can Netflix Notch New Records?

NFXL NFXS

Oct 17, 2024 | 4 min read

Netflix was relegated and is currently not included in the Mag 7 category, but that doesn’t mean the stock can’t offer solid trading opportunities.

Trading META: Time to Like or Unfriend?

METD METU

Oct 16, 2024 | 5 min read

Traders will likely buy META if they think the next president will be hands-off toward big-tech, or sell if they perceive he or she is readying a crackdown.