QQQD Stock Summary and Trading Ideas (Direxion Daily Magnificent 7 Bear 1X ETF | ARCA:QQQD)

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.

Direxion Daily Magnificent 7 Bear 1X ETF trades on the ARCA stock market under the symbol QQQD.

As of July 20, 2026, QQQD stock price climbed to $12.73 with 42,495 million shares trading.

QQQD has a beta of -1.62, meaning it tends to be less sensitive to market movements. QQQD has a correlation of 0.77 to the broad based SPY ETF.

QQQD has a market cap of $34.04 million. This is considered a Sub-Micro Cap stock.

QQQD has underperformed the market in the last year with a return of -14.1%, while the SPY ETF gained +19.4%. In the last 3 month period, QQQD fell short of the market, returning -1.4%, while SPY returned +5.0%. However, in the most recent 2 weeks QQQD has outperformed the stock market by returning -0.8%, while SPY returned -1.2%.

QQQD support price is $12.53 and resistance is $12.91 (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 QQQD shares will trade within this expected range on the day.