MSFDDirexion Daily MSFT Bear 1X Shares
Seeks daily investment results of 100% of the inverse performance of MSFT.
By Direxion Funds · Launched 2022
1.02%
#5,020 of 5,562 · expensive
$14M
#4,569 of 5,562 · small
+24.3%
3 years
#2,769 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 6 holdings = 100.9% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results of 100% of the inverse performance of MSFT.
- Strategy
- Invests primarily in financial instruments, including swaps and options, to provide 1X daily inverse exposure to MSFT. The Fund rebalances daily to maintain this exposure, resulting in high portfolio turnover.
- Inception date
- September 6, 2022
- Fund family
- Direxion Funds
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Inverse ETF — daily tool only
Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.
Source: Cheng & Madhavan (2009)
Why we flagged this: strategy=inverse + inverse_name_or_strategy
Single-stock wrapper — fees without diversification
This fund wraps exposure to a single company, usually with an option overlay. You pay fund-level fees (typically 0.50–1.00% depending on the issuer) plus the wrapper's option-overlay mechanics for exposure you could get more cheaply by holding the underlying stock directly. The income is generated by capping upside.
Source: Israelov & Nielsen, 'Covered Calls Uncovered' (Financial Analysts Journal 2015)
Why we flagged this: strategy=inverse + single_stock_wrapper
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19