DV
Dividend Vision

PALD — Direxion Daily PANW Bear 1X Shares

Direxion Daily PANW Bear 1X Shares (PALD)

PALD pays a 1.37% distribution rate, quarterly, on a 1.02% expense ratio. Its Distribution Safety Score™ is 22 (Elevated risk). Total return is -58.6% over the past 1.4 years, 166.4 points behind PANW at 107.8%. Its deepest 1-year drawdown was 67.4%.

This ETF seeks daily inverse (short) exposure to Palo Alto Networks stock, meaning it aims to move in the opposite direction of PANW on a daily basis using derivatives like swaps and options; it is designed for tactical trading rather than long-term holding. The fund carries a high current distribution rate and distributes quarterly, with an expense ratio of 1.02%. This security appeals to traders and investors seeking short-term bearish exposure to cybersecurity stocks, not to buy-and-hold income investors.

PALD key facts

Distribution Safety Score™
22 · Elevated risk
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
03/26/2025
Expense ratio
1.02%
Distribution rate
1.37%
Distribution frequency
Quarterly
Trailing yield
6.04%
Last close
$10.23
AUM
$2,243,471
Average volume
106300.0
Last dividend
$0.0350
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Payout ratio
0.0
Forward P/E
0.0