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QQQD ETF — Direxion Daily Magnificent 7 Bear 1X Shares
Direxion Daily Magnificent 7 Bear 1X Shares (QQQD)
Updated October 16, 2026.
Verdict as of October 16, 2026
It pays quarterly and its distribution rate is 3.43%. The latest total cash payment per current share, $0.102 with an ex-date of September 22, 2026, was 20.0% higher than the previous $0.085. These payments are unclassified; this does not establish a base-dividend change.
Sources: Direxion, Section 19a-1 notices, scoring methodology.
QQQD is an ETF linked to Magnificent 7. its distribution rate is 3.43%, its trailing-12-month yield is 3.48%, its expense ratio is 0.50%. Total return is -46.1% over the past 2.6 years, 99.2 points behind SPY at 53.1%.
Direxion Daily Magnificent 7 Bear 1X Shares is an ETF that seeks to deliver 1X daily inverse exposure to the Magnificent 7 index, which comprises the seven largest NASDAQ-listed companies; it accomplishes this through short positions, futures contracts, and swap agreements rather than direct holdings. The fund carries a moderate expense ratio and distributes quarterly at a current moderate rate. This ETF is designed for investors seeking to profit from or hedge against declines in the largest technology and mega-cap stocks.
QQQD dividend yield and income
Price as of 2026-10-16.
The distribution rate (3.43%) uses calculation basis unavailable. Trailing-12-month yield (3.48%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.102. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-22 | $0.102 | 20.0% Unclassified cash |
| 2026-06-23 | $0.085 | 4.9% Unclassified cash |
| 2026-03-24 | $0.081 | -44.5% Unclassified cash |
| 2025-12-23 | $0.146 | 75.9% Unclassified cash |
| 2025-09-23 | $0.083 | -58.7% Unclassified cash |
| 2025-06-24 | $0.201 | 52.3% Unclassified cash |
| 2025-03-25 | $0.132 | -10.8% Unclassified cash |
| 2024-12-23 | $0.148 | -63.6% Unclassified cash |
| 2024-09-24 | $0.407 | 27.6% Unclassified cash |
| 2024-06-25 | $0.319 | — |
| 2024 total (partial launch year) | $0.874 | — |
| 2025 total | $0.562 | — |
| 2026 YTD total | $0.268 | -35.6% vs prior-year YTD |
QQQD dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -26.6%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -40.04%.
| Window | Change |
|---|---|
| 1Y | -26.6% |
QQQD holdings and sector exposure
Holdings are not available for this snapshot.
QQQD performance versus SPY
Price and return data through 2026-10-16.
Total return is -46.1% over the past 2.6 years, 99.2 points behind SPY at 53.1%. Over the past year its total return — price change plus distributions reinvested — is -10.8%. Its deepest 1-year drawdown was 25.0%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -2.3% | — |
| 3M | -4.0% | — |
| 6M | -7.6% | — |
| YTD | -6.4% | — |
| 1Y | -10.8% | — |
| 2Y CAGR | — | -19.90% |
| Since inception (2.6 years) | -46.1% | -21.10% |
QQQD key facts
- Issuer
- Direxion
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 03/06/2024
- Expense ratio
- 0.50%
- Distribution rate
- 3.43%
- Distribution frequency
- Quarterly
- Trailing yield
- 3.48%
- Last close
- $11.89 (as of 2026-10-16)
- AUM
- $27,628,116
- Average volume
- 140557.0
- Dividend
- $0.102
- Ex-dividend date
- 09/22/2026
- Payment date
- 09/29/2026
- Beta
- -1.4272
How Dividend Vision calculates yield and returns
Distribution rate (3.43%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.48%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: Direxion; Index: Magnificent 7; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
QQQD risks and drawbacks
QQQD's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 25.0%.
Who may consider QQQD — and who may not
QQQD may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (QQQD pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on QQQD
Frequently asked questions
Does QQQD pay monthly?
No. QQQD currently pays quarterly, not monthly.
What is QQQD linked to?
QQQD is linked to Magnificent 7, not a broad market index.
What is QQQD's expense ratio?
QQQD's expense ratio is 0.50%.
What is QQQD's dividend yield?
QQQD's distribution rate is 3.43%, paid quarterly, with a 0.50% expense ratio — calculation basis unavailable.
How has QQQD's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -26.6%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does QQQD pay a dividend?
QQQD pays quarterly. The dividend amount is $0.102. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.
How has QQQD performed?
Total return is -46.1% over the past 2.6 years, 99.2 points behind SPY at 53.1%. Over the past year its total return — price change plus distributions reinvested — is -10.8%. Its deepest 1-year drawdown was 25.0%.
Is QQQD a good investment?
Its distribution rate is 3.43% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
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Holdings as-of date unavailable.
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