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AAPD ETF Profile


Family: Direxion Shares
Name: Direxion Daily AAPL Bear 1X ETF
Inception Date: 9-Aug-2022
Termination Date:
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of AAPL. The Fund, under normal circumstances, invests at least 80% of the Fund's net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to AAPL, consistent with the Fund's investment objective. The Fund will enter into one or more swap agreements with major global financial institutions whereby the Fund and the global financial institution will agree to exchange the return earned on an investment by the Fund in AAPL that is equal, on a daily basis, to -100% of the value of the Fund's net assets. Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services.
Prospectus
Top 10 Holdings
Derivatives offset 88.4128%
DREYFUS GOVT CASH MAN INS 67.1327%
APPLE INC SWAP -48.0135%
GOLDMAN FINL SQ TRSRY INST 506 26.2231%
APPLE INC SWAP -25.3347%
APPLE INC SWAP -8.7058%
GOLDMAN SACHS FIN GOV 465 INSTITUT X9USDGLDS 3.3444%
APPLE INC SWAP -3.3428%
DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3 3.2997%
APPLE INC SWAP -3.0161%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 10
Shares Outstanding: 2,650,001
Total Net Assets: 28,832,010
NAV: 10.87
Net Expense Ratio: 0.96%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Technology
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor: Inverse (-1)
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes