ETF profile for Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
QQQD ETF Profile
| Family: |
Direxion Shares |
| Name: |
Direxion Daily Magnificent 7 Bear 1X ETF |
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| Inception Date: |
7-Mar-2024 |
| Termination Date: |
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| Investment Objective: |
The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of the Indxx Magnificent 7 Index (the "Index"). The Index is designed to track the performance of seven of the leading NASDAQ listed companies, as identified by Indxx (the "Index Provider"). The Index is equally weighted and reconstituted and rebalanced quarterly. The Fund, under normal circumstances, invests at least 80% of the Fund's net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 1X daily inverse (opposite) or short exposure to the Index or to exchange-traded funds ("ETFs") that track the Index, consistent with the Fund's investment objective. |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
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100.7640% |
| DREYFUS GOVT CASH MAN INS |
|
74.2987% |
| IFOTQP SWAP ASSET LEG |
|
-52.8544% |
| IFOTQP SWAP ASSET LEG |
|
-36.9212% |
| GOLDMAN FINL SQ TRSRY INST 506 |
|
15.7862% |
| IFOTQP SWAP ASSET LEG |
|
-10.9884% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT |
X9USDGLDS |
7.4527% |
| DREYFUS TRSRY SECURITIES CASH MGMT |
X9USDDTP3 |
2.4623% |
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Top 10 Holdings Weight: |
100.0% |
| Number of Holdings: |
8 |
| Shares Outstanding: |
2,300,001 |
| Total Net Assets: |
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| NAV: |
12.11 |
| Net Expense Ratio: |
0.50% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Technology |
| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
Inverse (-1) |
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
