Direxion Daily Qcom Bear 1X ETF (QCMD) closed at $16.08 on October 26, 2026, down 2.2% from the previous close, on volume of 13,915 shares (30-day average 15,594).
Data as of October 26, 2026.
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The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of QCOM. The fund invests in in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to QCOM, consistent with the Fund's investment objective. QUALCOMM Incorporated is a global leader in the development and commercialization of wireless technologies incorporated in 1985. QUALCOMM Incorporated is involved in the development and commercialization of foundational technologies for the wireless industry, including 3G (third generation), 4G (fourth generation) and 5G (fifth generation) wireless connectivity, and high-performance and low-power computing including on-device artificial intelligence. 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 QCOM that is equal, on a daily basis, to -100% of the value of the Fund's net asset.
Direxion Daily Qcom Bear 1X ETF trades on the NASDAQ stock market under the symbol QCMD.
As of October 26, 2026, QCMD stock price declined to $16.08 with 13,915 million shares trading.
QCMD has a beta of -2.34, meaning it tends to be less sensitive to market movements. QCMD has a correlation of 0.23 to the broad based SPY ETF.
QCMD has a market cap of $2.01 million. This is considered a Sub-Micro Cap stock.
QCMD has underperformed the market in the last year with a price return of -26.1% while the SPY ETF gained +15.1%. QCMD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.8% and -2.6%, respectively, while the SPY returned +3.9% and -1.7%, respectively.
QCMD support price is $16.02 and resistance is $16.87 (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 QCMD shares will trade within this expected range on the day.
