SPXS Distribution History & Yield

Direxion Daily S&P 500 Bear 3X Shares · NYSEArca

ETF Trading--Inverse Equity Quarterly payer
$23.91
-1.48% today
as of Oct 22, 2026
TTM yield
4.83%
$1.154/share over the last 12 months
Forward yield
5.67%
$1.356/share indicated annual rate
Annual distribution
$1.356
per share, forward
Per payment
$0.339
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Dec 22, 2026 Estimated
in 58 days
Next pay date
Jan 5, 2027
in 72 days
Last ex-distribution date
Sep 22, 2026
$0.339 per share
Expense ratio
1.04%
AUM 339.0M
Consistency
40/100
highly variable payouts
3y distribution CAGR
-40.6%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
8.6
since Mar 20, 2018
1y total return
-34.0%
price -37.1% + distributions 3.0%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Dec 22, 2026 (in 58 days) Jan 5, 2027 $0.339 $33.90 Estimated
Tue, Mar 23, 2027 (in 149 days) Apr 6, 2027 $0.339 $33.90 Estimated
Tue, Jun 22, 2027 (in 240 days) Jul 6, 2027 $0.339 $33.90 Estimated
Tue, Sep 21, 2027 (in 331 days) Oct 5, 2027 $0.339 $33.90 Estimated

Estimated dates and amounts are projected from SPXS's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.356 per share.

Distribution payment history

Last 23 payments per share. RegularSpecial

Last 23 payments per share from Mar 20, 2018 to Sep 22, 2026; most recent $0.339$0.00$6.00$12.00Mar 20, 2018: $2.90Mar '18Sep 25, 2018: $4.80Dec 27, 2018: $10.20Mar 19, 2019: $6.20Mar '19Jun 25, 2019: $7.50Sep 24, 2019: $5.60Dec 23, 2019: $3.70Dec '19Mar 24, 2020: $2.00Mar 21, 2023: $2.33Jun 21, 2023: $1.58Jun '23Sep 19, 2023: $1.59Dec 21, 2023: $1.04Mar 19, 2024: $1.37Mar '24Jun 25, 2024: $1.17Sep 24, 2024: $0.84Dec 23, 2024: $0.50Dec '24Mar 25, 2025: $0.84Jun 24, 2025: $0.34Sep 23, 2025: $0.37Sep '25Dec 23, 2025: $0.193Mar 24, 2026: $0.383Jun 23, 2026: $0.239Jun '26Sep 22, 2026: $0.339

Annual distributions per share

Annual dividend per share by calendar year, 2018 to 2026 (year to date)$0.00$12.50$25.002018: $17.90$17.9020182019: $23.00$23.0020192020: $2.00$2.0020202021: $0.0020212022: $0.0020222023: $6.54$6.5420232024: $3.88$3.8820242025: $1.743$1.74320252026 (YTD): $0.961$0.9612026 YTD

How much SPXS do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month885$21,159$1,200
$500 / month4,425$105,796$6,000
$1,000 / month8,850$211,593$12,000

Based on the forward yield of 5.67%. $10,000 in SPXS would currently pay about $567 a year ($47 a month on average). Model reinvestment and growth →

SPXS distribution history

Download CSV
Ex-datePay dateAmountChange
Sep 22, 2026 — $0.339 +41.8%
Jun 23, 2026 — $0.239 -37.6%
Mar 24, 2026 — $0.383 +98.4%
Dec 23, 2025 — $0.193 -47.8%
Sep 23, 2025 — $0.37 +8.8%
Jun 24, 2025 — $0.34 -59.5%
Mar 25, 2025 — $0.84 +68.0%
Dec 23, 2024 — $0.50 -40.5%
Sep 24, 2024 — $0.84 -28.2%
Jun 25, 2024 — $1.17 -14.6%
Mar 19, 2024 — $1.37 +31.7%
Dec 21, 2023 — $1.04 -34.6%
Sep 19, 2023 — $1.59 +0.6%
Jun 21, 2023 — $1.58 -32.2%
Mar 21, 2023 — $2.33 +16.5%
Mar 24, 2020 — $2.00 -45.9%
Dec 23, 2019 — $3.70 -33.9%
Sep 24, 2019 — $5.60 -25.3%
Jun 25, 2019 — $7.50 +21.0%
Mar 19, 2019 — $6.20 -39.2%
Dec 27, 2018 — $10.20 +112.5%
Sep 25, 2018 — $4.80 +65.5%
Mar 20, 2018 — $2.90 —

Payout risk check

Distribution stabilityElevated risk

SPXS's last 12 distributions were highly variable (consistency score 40/100).

Its share price moved -37.1% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Direxion Daily S&P 500 Bear 3X Shares

The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to exchange-traded funds (“ETFs”) that track the index, consistent with the fund’s investment objective. The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.

Fund family: Direxion Funds. Category: Trading--Inverse Equity. First distribution on our records: Mar 20, 2018. 23 payments tracked. Data last refreshed Oct 22, 2026. Spotted a mistake? Report it and we'll fix it.

SPXS distribution FAQ

When is SPXS's next ex-distribution date?

SPXS's next ex-distribution date is Dec 22, 2026 (in 58 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.339 per share, expected on Jan 5, 2027.

How often does SPXS pay distributions?

SPXS pays distributions every quarter, 4 times a year. The most recent payment was $0.339 per share with an ex-date of Sep 22, 2026.

What is SPXS's distribution yield?

SPXS's trailing 12-month distribution yield is 4.83%, based on $1.154 per share paid over the last year and a share price of $23.91. The forward yield, using the indicated annual rate of $1.356 per share, is 5.67%.

How much does SPXS pay per share?

SPXS pays about $0.339 per share each quarter, which works out to roughly $1.356 per share a year. 100 shares would collect about $135.60 a year.

Has SPXS grown or cut its distribution?

Over the last 3 years the regular payout changed -40.6% a year. There has been no cut to a regular payment in the last 5 years. As a fund, SPXS's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of SPXS do I need to earn $100 a month?

At the current forward yield of 5.67%, you would need about 885 shares of SPXS (roughly $21,159 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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