QQQDDirexion Daily Magnificent 7 Bear 1X Shares
Seeks daily investment results of -100% of the daily performance of the Indxx Magnificent 7 Index.
By Direxion Funds · Launched 2024
Annual Cost
0.50%
#2,766 of 6,040 · average
Fund Size
$30M
#4,265 of 6,040 · small
Return (1Y)
-8.7%
Track Record
2 years
#3,401 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$9,070-9.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Inverse
Sector
Information technologyIndex tracked
Indxx Magnificent 7 Index
Holdings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
DREYFUS GOVERNMENT CASH MANAGE
78.8%
GOLDMAN SACHS LIQ ES FD A
21.4%
DREYFUS
7.4%
N/A
0.9%
GOLDMAN FINANCIAL
0.0%
N/A
-8.0%
Asset allocation
Cash
99.1%
Stocks
0.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
22.1%High
Year-on-year price swings
Max drawdown
-49.5%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
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of -100% of the daily performance of the Indxx Magnificent 7 Index.
- Strategy
- Invests at least 80% of net assets in financial instruments, including swaps and futures, to achieve -1X daily inverse exposure to the Indxx Magnificent 7 Index. Concentrates in information technology, consumer discretionary, and communication services sectors, rebalancing daily to maintain inverse exposure.
- Inception date
- March 6, 2024
- Fund family
- Direxion Funds
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save QQQD to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18