Direxion Daily MSFT Bear 1X Shares (MSFD)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
9.59 USD
+0.17
(1.751%)
⇧
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 9.62 +0.03 (0.313%) ⇧ (Oct. 14, 2026, 7:32 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 9:36 a.m. EDT
This instrument is a leveraged inverse bet on Microsoft, and the underlying technology giant has been in a brutal multi-year correction. Over the last three years, the price has plummeted by 60%, with every single year showing a negative return. This is not a temporary dip; it is a structural decline where the market has repeatedly punished the asset. While the 4.17% dividend yield looks attractive on paper, it is a trap for income investors; this is a leveraged product designed for short-term hedging or speculative bets against a specific stock, not a vehicle for sustainable compounding. The recent price action shows the fund trading near its 52-week lows, confirming the bearish trend. Options data confirms this sentiment, with traders buying protection rather than betting on a rebound. For a long-term investor, this is a 'avoid' rating because the underlying business quality has been reassessed downward by the market for years, and holding a leveraged inverse product during such a prolonged decline exposes capital to severe erosion and compounding losses. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.100801 |
| AutoETS | 0.100817 |
| AutoTheta | 0.100946 |
| MSTL | 0.116282 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 1.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.509 |
| Excess Kurtosis | 0.61 |
As of Oct. 10, 2026, 9:36 a.m. EDT: Speculators are overwhelmingly positioning for further declines. Call volume and open interest are negligible compared to puts, which show significant open interest at strikes significantly above the current price (e.g., $15 and $23 for the nearest expiration). The implied volatility for calls is extremely low (near zero), while put IV is elevated, indicating a market consensus that downside risk is the primary driver of pricing.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.73% | 3.25% | 3.81% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.075 | 0.730140 |
| 2026-06-23 | 0.178 | 1.251758 |
| 2026-03-24 | 0.081 | 0.552373 |
| 2025-12-23 | 0.082 | 0.718101 |
| 2025-09-23 | 0.107 | 0.976723 |
| 2025-06-24 | 0.089 | 0.780018 |
| 2025-03-25 | 0.106 | 0.732550 |
| 2024-12-23 | 0.150 | 1.130369 |
| 2024-09-24 | 0.110 | 0.811808 |
| 2024-06-25 | 0.223 | 1.728682 |
| 2024-03-19 | 0.129 | 0.930065 |
| 2023-12-21 | 0.169 | 1.079183 |
| 2023-09-19 | 0.221 | 1.238095 |
| 2023-06-21 | 0.190 | 1.073446 |
| 2023-03-21 | 0.109 | 0.500459 |
| 2022-12-20 | 0.162 | 0.646732 |
| 2022-12-08 | 0.015 | 0.060812 |
| 2022-09-20 | 0.010 | 0.038456 |
| Attribute | Value |
|---|---|
| All Time High | 28.89 |
| All Time Low | 9.29 |
| Ask | 11.3 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,363,070 |
| Average Daily Volume3 Month | 1,574,185 |
| Average Volume | 1,574,185 |
| Average Volume10Days | 1,363,070 |
| Beta3 Year | -1.19 |
| Bid | 9.63 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.62 |
| Day Low | 9.395 |
| Display Name | Daily MSFT Bear 1X Shares |
| Dividend Yield | 4.17 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.22402 |
| Fifty Day Average Change | -0.63401985 |
| Fifty Day Average Change Percent | -0.062012777 |
| Fifty Two Week Change Percent | -13.864011 |
| Fifty Two Week High | 15.33 |
| Fifty Two Week High Change | -5.74 |
| Fifty Two Week High Change Percent | -0.3744292 |
| Fifty Two Week Low | 9.29 |
| Fifty Two Week Low Change | 0.3000002 |
| Fifty Two Week Low Change Percent | 0.03229281 |
| Fifty Two Week Range | 9.29 - 15.33 |
| First Trade Date Milliseconds | 1,662,643,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.22429943 |
| Fullday Change Percent | 2.3798347 |
| Fullday Price | 9.59 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,662,422,400 |
| 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 it’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 MSFT, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily MSFT Bear 1X Shares |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146309 |
| Nav Price | 9.422 |
| Net Assets | 8,226,814.0 |
| Net Expense Ratio | 1.02 |
| Open | 9.4 |
| Phone | 866-476-7523 |
| Post Market Change | 0.029999733 |
| Post Market Change Percent | 0.31282306 |
| Post Market Price | 9.62 |
| Post Market Time | 1,792,020,738 |
| Previous Close | 9.425 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.165 |
| Regular Market Change Percent | 1.75066 |
| Regular Market Day High | 9.62 |
| Regular Market Day Low | 9.395 |
| Regular Market Day Range | 9.395 - 9.62 |
| Regular Market Open | 9.4 |
| Regular Market Previous Close | 9.425 |
| Regular Market Price | 9.59 |
| Regular Market Time | 1,792,008,001 |
| Regular Market Volume | 1,754,882 |
| Short Name | Direxion Daily MSFT Bear 1X ETF |
| Source Interval | 15 |
| Symbol | MSFD |
| Three Year Average Return | -0.1619849 |
| Total Assets | 8,226,814 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -29.28564 |
| Trailing Three Month Returns | -29.28564 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.52323 |
| Two Hundred Day Average Change | -2.9332294 |
| Two Hundred Day Average Change Percent | -0.23422308 |
| Type Disp | ETF |
| Volume | 1,754,882 |
| Yield | 0.0417 |
| Ytd Return | -11.2035 |