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Dividend Vision

AAPD — Direxion Daily AAPL Bear 1X Shares

Direxion Daily AAPL Bear 1X Shares (AAPD)

AAPD pays a 2.78% distribution rate, quarterly, on a 0.96% expense ratio. Total return is -48.3% over the past 4 years, 137.4 points behind AAPL at 89.1%. Its deepest 1-year drawdown was 33.8%.

Direxion Daily AAPL Bear 1X Shares is a leveraged inverse ETF designed to deliver daily returns that are the opposite of Apple Inc.'s stock price movements, making it a short-term tactical tool for investors seeking to hedge Apple exposure or profit from anticipated declines. The fund distributes quarterly with a 3.82% distribution rate and carries a 0.96% expense ratio, reflecting the elevated costs typical of leveraged products. This ETF is suited for experienced, active traders using short-term hedging strategies rather than buy-and-hold income investors, as inverse leveraged funds are subject to daily reset mechanics that can cause performance to diverge significantly from longer-term price movements.

AAPD key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
08/08/2022
Expense ratio
0.96%
Distribution rate
2.78%
Distribution frequency
Quarterly
Trailing yield
3.48%
Last close
$11.38
AUM
$56,933,150
Average volume
5996400.0
Last dividend
$0.0790
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-0.82