Direxion Daily NVDA Bear 1X Shares (NVDD)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
29.66 USD
+0.90
(3.129%)
⇧
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 30.15 +0.49 (1.652%) ⇧ (Oct. 14, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 6:55 a.m. EDT
This inverse leveraged ETF is currently a high-risk vehicle for betting against NVIDIA, which remains the undisputed king of the AI chip market. While the underlying company posted a massive Q3 beat and maintains a fortress balance sheet with dominant competitive advantages, the market is pricing in significant gravity and potential tariff headwinds, driving the inverse fund down nearly 84% over the last two years. The recent price action shows a slight stabilization near the lows, but the heavy options positioning suggests traders are still expecting a deeper drop. The dividend yield of 4.73% is misleading; it is an artifact of the fund's daily rebalancing mechanics on a collapsing price base, not a sustainable income stream. For a long-term investor, the structural decline of the underlying index makes this a dangerous hold. However, for a tactical trader looking to capitalize on the 'AI hype meets gravity' narrative, the current setup offers a high-conviction short-term entry point, though the leverage will inevitably erode capital quickly if the trend reverses. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.098070 |
| AutoETS | 0.137650 |
| AutoTheta | 0.137764 |
| MSTL | 0.143455 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 2.28 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.610 |
| Excess Kurtosis | -0.71 |
As of Oct. 10, 2026, 6:55 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by significant open interest in out-of-the-money puts (strikes 28, 30, 45) compared to negligible call volume. The put/call ratio is skewed heavily toward bears, with notable new flow into deep OTM puts, suggesting a consensus expectation of further declines in the underlying asset.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.70% | 4.05% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.488 | 1.700941 |
| 2026-06-23 | 0.276 | 0.810335 |
| 2026-03-24 | 0.258 | 0.642110 |
| 2025-12-23 | 0.338 | 0.895839 |
| 2025-09-23 | 0.360 | 0.878049 |
| 2025-06-24 | 0.410 | 0.823293 |
| 2025-03-25 | 0.500 | 0.761035 |
| 2024-12-23 | 0.790 | 1.272142 |
| 2024-09-24 | 0.730 | 0.989160 |
| 2024-06-25 | 0.470 | 0.607235 |
| 2024-03-19 | 1.200 | 1.034483 |
| 2023-12-21 | 2.610 | 1.166220 |
| 2023-12-08 | 0.310 | 0.132819 |
| Attribute | Value |
|---|---|
| All Time High | 282.1 |
| All Time Low | 7.79 |
| Ask | 33.15 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 240,510 |
| Average Daily Volume3 Month | 191,519 |
| Average Volume | 191,519 |
| Average Volume10Days | 240,510 |
| Beta3 Year | -1.66 |
| Bid | 28.21 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.9 |
| Day Low | 29.11 |
| Display Name | Daily NVDA Bear 1X Shares |
| Dividend Yield | 4.73 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.93004 |
| Fifty Day Average Change | -0.2700405 |
| Fifty Day Average Change Percent | -0.0090223905 |
| Fifty Two Week Change Percent | -28.270357 |
| Fifty Two Week High | 42.78 |
| Fifty Two Week High Change | -13.119999 |
| Fifty Two Week High Change Percent | -0.30668536 |
| Fifty Two Week Low | 27.01 |
| Fifty Two Week Low Change | 2.6499996 |
| Fifty Two Week Low Change Percent | 0.09811179 |
| Fifty Two Week Range | 27.01 - 42.78 |
| First Trade Date Milliseconds | 1,694,611,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 1.159399 |
| Fullday Change Percent | 4.03129 |
| Fullday Price | 29.66 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,694,476,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,023-09-13 |
| 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 NVDA, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Direxion Daily NVDA Bear 1X Shares |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146312 |
| Nav Price | 28.781 |
| Net Assets | 16,471,379.0 |
| Net Expense Ratio | 1.01 |
| Open | 29.15 |
| Phone | 866-476-7523 |
| Post Market Change | 0.48999977 |
| Post Market Change Percent | 1.6520559 |
| Post Market Price | 30.15 |
| Post Market Time | 1,792,022,230 |
| Previous Close | 28.76 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.9 |
| Regular Market Change Percent | 3.12934 |
| Regular Market Day High | 29.9 |
| Regular Market Day Low | 29.11 |
| Regular Market Day Range | 29.11 - 29.9 |
| Regular Market Open | 29.15 |
| Regular Market Previous Close | 28.76 |
| Regular Market Price | 29.66 |
| Regular Market Time | 1,792,008,000 |
| Regular Market Volume | 148,183 |
| Short Name | Direxion Daily NVDA Bear 1X ETF |
| Source Interval | 15 |
| Symbol | NVDD |
| Three Year Average Return | -0.49210232 |
| Total Assets | 16,471,379 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -14.05248 |
| Trailing Three Month Returns | -14.05248 |
| Triggerable | 1 |
| Two Hundred Day Average | 34.45774 |
| Two Hundred Day Average Change | -4.797741 |
| Two Hundred Day Average Change Percent | -0.13923551 |
| Type Disp | ETF |
| Volume | 148,183 |
| Yield | 0.0473 |
| Ytd Return | -22.60281 |