PALDDirexion Daily PANW Bear 1X Shares

Take a bet1y track recordRanked #747 of 995 in this goal

Seeks daily investment results that correspond to -100% of the daily performance of PANW.

By Direxion Funds · Launched 2025

Annual Cost

1.02%

#5,438 of 6,040 · expensive

Fund Size

$3M

#5,516 of 6,040 · small

Return (1Y)

-54.3%

Track Record

1 year

#4,079 of 6,040 · young

Performance

Total-return NAV · USD

Growth of $10,000

$4,602-54.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Holdings

By weight

Concentration

single-stock exposure — holdings shown are derivatives collateral, not the fund's position

DREYFUS GOVERNMENT CASH MANAGE

58.3%

DREYFUS

23.5%

GOLDMAN SACHS LIQ ES FD A

10.2%

GOLDMAN FINANCIAL

8.9%

N/A

0.6%

N/A

0.6%

N/A

0.0%

N/A

-1.0%

Asset allocation

Cash

966.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

46.9%High

Year-on-year price swings

Max drawdown

-67.4%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

Full fund details

Objective: Seeks daily investment results that correspond to -100% of the daily performance of PANW.
Strategy: Invests at least 80% of net assets in financial instruments providing 1X daily inverse exposure to PANW. Concentrated in the information technology sector and software industry, the Fund rebalances daily to maintain its inverse exposure.
Inception date: February 10, 2025
Fund family: Direxion Funds