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The Direxion Daily NVDA Bear 1X Shares ("Fund") seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -100% of the return of the common shares of NVIDIA Corporation (NASDAQ NVDA) ("NVDA"). This means that the return of the Fund for a period longer than a trading day will be the result of each single day's compounded return over the period, which will very likely differ from -100% of the return of NVDA for that period. Longer holding periods and higher volatility of NVDA increase the impact of compounding on an investor's returns. During periods of higher volatility, the volatility of NVDA may affect the Fund's return as much as, or more than, the return of NVDA. Further, the return for investors that invest for periods longer or shorter than a trading day should not be expected to be -100% of the performance of NVDA for the period.
Direxion Daily Nvda Bear 1X trades on the NASDAQ stock market under the symbol NVDD.
As of January 14, 2026, NVDD stock price climbed to $39.12 with 432,972 million shares trading.
NVDD has a beta of -1.90, meaning it tends to be less sensitive to market movements. NVDD has a correlation of 0.52 to the broad based SPY ETF.
NVDD has a market cap of $33.15 million. This is considered a Sub-Micro Cap stock.
NVDD has underperformed the market in the last year with a return of -37.2%, while the SPY ETF gained +20.0%. In the last 3 month period, NVDD fell short of the market, returning +1.9%, while SPY returned +4.4%. However, in the most recent 2 weeks NVDD has outperformed the stock market by returning +2.6%, while SPY returned +0.5%.
NVDD support price is $37.83 and resistance is $39.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NVDD shares will trade within this expected range on the day.