NASDAQ:NVDD

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

$11.81
-0.40 (-3.28%)
(As of 05/2/2024 ET)
Today's Range
$11.77
$12.21
50-Day Range
$10.92
$13.63
52-Week Range
$10.72
$28.21
Volume
108,805 shs
Average Volume
152,648 shs
Market Capitalization
$8.62 million
Assets Under Management
$8.86 million
Dividend Yield
3.47%
Net Expense Ratio
1.07%

About Direxion Daily NVDA Bear 1X Shares

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.

NVDD Stock Price History

NVDD ETF News Headlines

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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
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
14

Fund Statistics

Assets Under Management
$8.86 million
Average Daily Volume
$0.00
Discount/Premium
-0.01%
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

Miscellaneous

Beta
-2.34
Creation Unit
25,000
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Direxion Daily NVDA Bear 1X Shares Expenses

TypeNVDDSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%1.00%0.54%0.48%0.51%
Other Expenses0.34%0.30%0.54%0.34%0.58%
Total Expense1.09%1.11%0.70%0.58%0.70%
Fee Waiver-0.02%-0.12%-0.55%-0.22%-0.57%
Net Expense1.07%1.05%0.60%0.54%0.58%

Direxion Daily NVDA Bear 1X Shares (NVDD) Holdings

Top 8 NVDD Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 63.12%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 17.91%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 11.90%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 8.46%
  • NVDA UW EQUITY SWAP
    Holding Weight: -16.40%
  • NVDA UW EQUITY SWAP
    Holding Weight: -21.62%
  • NVDA UW EQUITY SWAP
    Holding Weight: -21.93%
  • NVDA UW EQUITY SWAP
    Holding Weight: -40.05%

NVDD ETF - Frequently Asked Questions

How have NVDD shares performed in 2024?

Direxion Daily NVDA Bear 1X Shares' stock was trading at $22.20 at the beginning of the year. Since then, NVDD stock has decreased by 46.8% and is now trading at $11.81.
View the best growth stocks for 2024 here
.

How often does Direxion Daily NVDA Bear 1X Shares pay dividends? What is the dividend yield for Direxion Daily NVDA Bear 1X Shares?

Direxion Daily NVDA Bear 1X Shares announced a quarterly dividend on Monday, March 18th. Shareholders of record on Wednesday, March 20th will be given a dividend of $0.1199 per share on Tuesday, March 26th. This represents a $0.48 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Tuesday, March 19th.
Read our dividend analysis for NVDD
.

What does NVDD invest in?

Direxion Daily NVDA Bear 1X Shares is a equity fund issued by Direxion. NVDD focuses on single stock investments. The fund's investments total to approximately $8.86 million assets under management.

What is the management fee for Direxion Daily NVDA Bear 1X Shares?

Direxion Daily NVDA Bear 1X Shares' management fee is 0.75% and has other expenses of 0.34%. However, NVDD has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for NVDD is 1.07%.

How do I buy shares of Direxion Daily NVDA Bear 1X Shares?

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.

This page (NASDAQ:NVDD) was last updated on 5/3/2024 by MarketBeat.com Staff

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