NVDDDirexion Daily NVDA Bear 1X Shares
Seeks daily investment results of -100% of the daily performance of NVDA.
By Direxion Funds · Launched 2023
Annual Cost
1.01%
#5,411 of 6,040 · expensive
Fund Size
$20M
#4,544 of 6,040 · small
Return (1Y)
-25.7%
Track Record
3 years
#3,081 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$7,239-27.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Inverse
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
DREYFUS GOVERNMENT CASH MANAGE
65.9%
GOLDMAN SACHS LIQ ES FD A
24.2%
DREYFUS
11.1%
GOLDMAN FINANCIAL
3.3%
N/A
-0.2%
N/A
-0.3%
N/A
-0.3%
N/A
-0.4%
N/A
-2.7%
Asset allocation
Cash
96.7%
Stocks
3.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
38.1%High
Year-on-year price swings
Max drawdown
-88.4%Severe
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market, NASDAQ Global Market
Full fund details
- Objective
- Seeks daily investment results of -100% of the daily performance of NVDA.
- Strategy
- Invests at least 80% of net assets in financial instruments, including swaps and options, to provide 1X daily inverse exposure to NVDA. Concentrated in the information technology sector and semiconductor industry, the Fund rebalances daily to maintain its inverse exposure.
- Inception date
- September 12, 2023
- Fund family
- Direxion Funds
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18