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Dividend Vision

NFXS — Direxion Daily NFLX Bear 1X Shares

Direxion Daily NFLX Bear 1X Shares (NFXS)

NFXS pays a 3.05% distribution rate, quarterly, on a 1.03% expense ratio. Total return is -17.5% over the past 1.9 years, 28.1 points behind NFLX at 10.6%. Its deepest 1-year drawdown was 31.3%.

This ETF seeks daily inverse exposure to Netflix stock through swap agreements and options, moving approximately opposite to the underlying company on a one-to-one basis each trading day. The fund has a modest current distribution rate and distributes quarterly, with an expense ratio of 1.03%. It appeals to traders and tactical investors seeking short-term bearish positioning on Netflix rather than buy-and-hold income investors, and involves substantially higher risks than conventional equity ETFs due to its leveraged inverse structure and daily reset mechanics.

NFXS key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
10/02/2024
Expense ratio
1.03%
Distribution rate
3.05%
Distribution frequency
Quarterly
Trailing yield
3.10%
Last close
$19.54
AUM
$4,397,073
Average volume
3800.0
Last dividend
$0.1490
Ex-dividend date
06/23/2026
Payment date
06/30/2026