Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) Research
These Direxion exchange-traded funds, known as the Daily Magnificent 7 Bull 2X and Bear 1X ETFs, are structured to deliver daily investment outcomes. Specifically, before any fees or expenses are factored in, they endeavor to provide returns equal to either two times (200%) the daily movement of the Indxx Magnificent 7 Index, or the exact inverse (100% opposite) of that index's daily performance. It is crucial to understand that there is no assurance these funds will successfully achieve their intended daily investment targets.
Market snapshot
- Symbol
- QQQD
- Price
- $13.07
- Day change
- -1.43%
- Market cap
- $15.1M
- 52-week range
- 12.01-16.665
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- State Street Galaxy Digital Asset Ecosystem ETF (DECO)
- Ocean Park Diversified Income ETF (DUKZ)
- JPMorgan Fundamental Data Science Large Core ETF (LCDS)
- TrueShares Structured Outcome (October) ETF (OCTZ)
- FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE)
- FT Raymond James Multicap Growth Equity ETF (RJMG)
- ProShares - UltraShort Semiconductors (SSG)
- Northern Trust Tax-Exempt Bond ETF (TAXT)
Open Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.