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NASDAQ:NVDD

Direxion Daily NVDA Bear 1X Shares (NVDD) Price, Holdings, & News

Direxion Daily NVDA Bear 1X Shares logo
$6.37 -0.13 (-2.00%)
(As of 11/29/2024 ET)

About Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD)

Key Stats

Today's Range
$6.32
$6.48
50-Day Range
$5.93
$7.75
52-Week Range
$5.75
$24.59
Volume
3.94 million shs
Average Volume
1.75 million shs
Market Capitalization
$27.52 million
Assets Under Management
$26.28 million
Dividend Yield
7.85%
Net Expense Ratio
1.01%
Aggregate Rating
N/A

ETF Overview

The Direxion Daily NVDA Bear 1X Shares (NVDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDD was launched on Sep 13, 2023 and is issued by Direxion.

Direxion Daily NVDA Bear 1X Shares Expenses

TypeNVDDSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.96%0.55%0.50%0.52%
Other Expenses1.26%0.46%0.49%0.40%0.53%
Total Expense2.01%1.23%0.71%0.63%0.71%
Fee Waiver-1.00%-0.36%-0.52%-0.32%-0.57%
Net Expense1.01%1.06%0.61%0.56%0.59%
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NVDD ETF News Headlines

3 Inverse ETFs to Take Advantage of the Downturn
Could This Tiny Device Help You Make an Extra $30k a Year?
I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.
See More Headlines

NVDD ETF - Frequently Asked Questions

Direxion Daily NVDA Bear 1X Shares' stock was trading at $22.20 on January 1st, 2024. Since then, NVDD shares have decreased by 71.3% and is now trading at $6.37.
View the best growth stocks for 2024 here
.

Top institutional investors of Direxion Daily NVDA Bear 1X Shares include Jane Street Group LLC (1.47%), Sterling Investment Advisors Ltd. (0.87%) and Flow Traders U.S. LLC (0.45%).

Shares of NVDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily NVDA Bear 1X Shares investors own include Fastly (FSLY), Fortinet (FTNT), Palantir Technologies (PLTR), Snowflake (SNOW), Tesla (TSLA), Arbor Realty Trust (ABR) and Accenture (ACN).

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily NVDA Bear 1X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:NVDD
Inception Date
9/13/2023
Fund Manager
Paul Brigandi, Tony Ng
Previous Symbol
NASDAQ:NVDD
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Single Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
11

Fund Statistics

Assets Under Management
$26.28 million
Average Daily Volume
$0.00
Discount/Premium
0.00%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
Optionable
Options Volume
2
Put Options
6
Call Options
2
Short Interest
752,200 shs

Miscellaneous

Beta
-2.53
Creation Unit
25,000
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Top 9 NVDD Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 82.26%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 15.79%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 9.66%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 8.77%
  • NVDA UW EQUITY SWAP
    Holding Weight: -4.10%
  • NVDA UW EQUITY SWAP
    Holding Weight: -14.45%
  • NVDA UW EQUITY SWAP
    Holding Weight: -23.85%
  • NVDA UW EQUITY SWAP
    Holding Weight: -25.20%
  • NVDA UW EQUITY SWAP
    Holding Weight: -32.39%

This page (NASDAQ:NVDD) was last updated on 12/1/2024 by MarketBeat.com Staff
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