Direxion Daily Magnificent 7 Bear 1X Shares (QQQD)
- Expense ratio0.54%
- Net assets$27.7M
- Dividend yield3.55%
- 1-year return-7.57%
- Holdings1
QQQD ETF price chart
QQQD quote & trading statistics
QQQD performance
Annual returns & drawdowns →- YTD-5.07%
- 1 year-7.57%
- 1Y volatility
- 21.27%
- 3Y volatility
- 0.00%
- 3Y Sharpe ratio
- 0.00
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
About Direxion Daily Magnificent 7 Bear 1X Shares
The index is designed to track the performance of the seven largest NASDAQ listed companies, as identified by Indxx. The fund, under normal circumstances, invests at least 80% of the fund"s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 1X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund"s investment objective. The fund is non-diversified.
QQQD ETF FAQ
What is the QQQD expense ratio?
Direxion Daily Magnificent 7 Bear 1X Shares has a net expense ratio of 0.54%, or $54.00 a year for every $10,000 invested.
How much money is in QQQD?
Direxion Daily Magnificent 7 Bear 1X Shares has about $27.7M in net assets.
How has QQQD performed?
QQQD returned -7.57% over the past year, including reinvested distributions.
Does QQQD pay dividends?
QQQD has a dividend yield of 3.55%.
When was QQQD launched?
Direxion Daily Magnificent 7 Bear 1X Shares began trading on March 6, 2024.