Direxion Daily AAPL Bear 1X Shares (AAPD)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
11.03 USD
-0.07
(-0.631%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 11.12 +0.09 (0.816%) ⇧ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:13 a.m. EDT
This inverse leveraged ETF is currently trading at a massive discount to its moving averages, having lost nearly 18% over the last two years despite a slight uptick in the most recent annual comparison. The price action suggests the market is pricing in a continued decline in the underlying technology giant, which is a dangerous bet for a daily-reset product where compounding decay accelerates during sideways or up markets. While the recent price dip has created a tempting entry point for contrarian traders, the structural drag of leverage makes holding this position risky unless there is a confirmed, sustained reversal in the underlying stock. The dividend yield is a red herring here; it is a mechanism to bleed capital faster, not a source of income, as the payout ratio is unsustainable given the fund's declining net asset value. Investors should view this strictly as a tactical, short-term trade rather than a long-term investment vehicle. |
| Model | MAE |
|---|---|
| MSTL_52_123 ✓ | 0.067616 |
| MSTL_123 | 0.067990 |
| AutoTheta | 0.114311 |
| MSTL_52 | 0.117617 |
| MSTL | 0.118833 |
| AutoETS | 0.126589 |
| AutoARIMA | 0.126590 |
Forecast horizon: 60 days | Selected: MSTL_52_123
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 8.32 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.333 |
| Excess Kurtosis | -0.26 |
As of July 11, 2026, 5:13 a.m. EDT: Speculators are positioning for continued weakness in the underlying asset, evidenced by heavy out-of-the-money call volume relative to puts. However, the options chain shows significant open interest in deep out-of-the-money puts (strikes far below current price) expiring in July and August, suggesting a hedge against a sharp drop in the underlying stock. Implied volatility is elevated for near-term expiration, reflecting uncertainty around the upcoming earnings event.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.66% | 2.98% | 3.49% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.079 | 0.660535 |
| 2026-03-24 | 0.084 | 0.596803 |
| 2025-12-23 | 0.108 | 0.826510 |
| 2025-09-23 | 0.125 | 0.893495 |
| 2025-06-24 | 0.121 | 0.674470 |
| 2025-03-25 | 0.118 | 0.696988 |
| 2024-12-23 | 0.161 | 1.076203 |
| 2024-09-24 | 0.147 | 0.872922 |
| 2024-06-25 | 0.212 | 1.154684 |
| 2024-03-19 | 0.176 | 0.797101 |
| 2023-12-21 | 0.264 | 1.324636 |
| 2023-09-19 | 0.193 | 0.891867 |
| 2023-06-21 | 0.243 | 1.151659 |
| 2023-03-21 | 0.183 | 0.748038 |
| 2022-12-20 | 0.127 | 0.427250 |
| 2022-12-08 | 0.006 | 0.021653 |
| 2022-09-20 | 0.026 | 0.100000 |
| Attribute | Value |
|---|---|
| All Time High | 31.59 |
| All Time Low | 11.05 |
| Ask | 11.04 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 6,443,390 |
| Average Daily Volume3 Month | 7,410,993 |
| Average Volume | 7,410,993 |
| Average Volume10Days | 6,443,390 |
| Beta3 Year | -0.84 |
| Bid | 11.01 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.0899 |
| Day Low | 10.825 |
| Dividend Yield | 3.27 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.8836 |
| Fifty Day Average Change | -0.8536005 |
| Fifty Day Average Change Percent | -0.07183012 |
| Fifty Two Week Change Percent | -35.726696 |
| Fifty Two Week High | 17.91 |
| Fifty Two Week High Change | -6.88 |
| Fifty Two Week High Change Percent | -0.38414294 |
| Fifty Two Week Low | 10.825 |
| Fifty Two Week Low Change | 0.20499992 |
| Fifty Two Week Low Change Percent | 0.018937638 |
| Fifty Two Week Range | 10.825 - 17.91 |
| First Trade Date Milliseconds | 1,660,138,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,659,916,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to AAPL, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily AAPL Bear 1X Shares |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146308 |
| Nav Price | 11.068 |
| Net Assets | 13,929,774.0 |
| Net Expense Ratio | 0.96 |
| Open | 11.045 |
| Phone | 866-476-7523 |
| Post Market Change | 0.09000015 |
| Post Market Change Percent | 0.8159579 |
| Post Market Price | 11.12 |
| Post Market Time | 1,783,987,181 |
| Previous Close | 11.1 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0700006 |
| Regular Market Change Percent | -0.630636 |
| Regular Market Day High | 11.0899 |
| Regular Market Day Low | 10.825 |
| Regular Market Day Range | 10.825 - 11.0899 |
| Regular Market Open | 11.045 |
| Regular Market Previous Close | 11.1 |
| Regular Market Price | 11.03 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 12,937,158 |
| Short Name | Direxion Daily AAPL Bear 1X ETF |
| Source Interval | 15 |
| Symbol | AAPD |
| Three Year Average Return | -0.15620309 |
| Total Assets | 13,929,774 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -12.60545 |
| Trailing Three Month Returns | -12.60545 |
| Triggerable | 1 |
| Two Hundred Day Average | 13.103725 |
| Two Hundred Day Average Change | -2.0737257 |
| Two Hundred Day Average Change Percent | -0.15825467 |
| Type Disp | ETF |
| Volume | 12,937,158 |
| Yield | 0.0327 |
| Ytd Return | -6.44542 |