DV
Dividend Vision

QQQD — Direxion Daily Magnificent 7 Bear 1X Shares

Direxion Daily Magnificent 7 Bear 1X Shares (QQQD)

QQQD pays a 2.73% distribution rate, quarterly, on a 0.50% expense ratio. Total return is -44.1% over the past 2.4 years, 99.5 points behind SPY at 55.4%. Its deepest 1-year drawdown was 21.9%.

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 key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
03/06/2024
Expense ratio
0.50%
Distribution rate
2.73%
Distribution frequency
Quarterly
Trailing yield
3.17%
Last close
$12.45
AUM
$32,364,271
Average volume
13700.0
Last dividend
$0.0850
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-1.4272