Direxion Daily Magnificent 7 Bear 1X Shares (QQQD)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
12.33 USD
-0.09
(-0.685%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 12.33 |
Hot Take ↕ | Aug. 22, 2026, 4:05 a.m. EDT
This instrument is a high-risk leveraged bet on a specific macro thesis: that the 'Magnificent 7' technology giants will crash. The data confirms this thesis is currently playing out; the fund has lost nearly 31% of its value in just one year as the tech sector rallied. While the price has stabilized recently, trading near its 52-week lows, the underlying trend remains firmly against the fund's purpose. The 3% dividend yield is a trap; it is an artificial distribution funded by capital losses, not sustainable earnings, and serves only to delay the inevitable erosion of principal. For a long-term holder, this is a deteriorating asset where the market is correctly pricing in continued weakness in the underlying holdings. Short-term, the lack of options put volume suggests no one is actively betting on a further collapse, making a bounce possible, but the structural decline of the underlying assets makes holding this position a losing game. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.070816 |
| MSTL | 0.076302 |
| AutoARIMA | 0.080813 |
| AutoETS | 0.085672 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 1.18 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.031 |
| Excess Kurtosis | 0.00 |
As of Aug. 22, 2026, 4:05 a.m. EDT: Speculator positioning is negligible and contradictory. Call open interest is heavily skewed out-of-the-money (99%), suggesting a speculative hope for a massive rally, while put activity is entirely absent. This lack of defensive hedging combined with minimal volume indicates a lack of serious directional conviction from the broader options market.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.63% | 2.95% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.085 | 0.631970 |
| 2026-03-24 | 0.081 | 0.553279 |
| 2025-12-23 | 0.146 | 1.147799 |
| 2025-09-23 | 0.083 | 0.614360 |
| 2025-06-24 | 0.201 | 1.255309 |
| 2025-03-25 | 0.132 | 0.715835 |
| 2024-12-23 | 0.148 | 0.908310 |
| 2024-09-24 | 0.407 | 2.066829 |
| 2024-06-25 | 0.319 | 1.508132 |
| Attribute | Value |
|---|---|
| All Time High | 26.187 |
| All Time Low | 12.01 |
| Ask | 12.67 |
| Ask Size | 4,800 |
| Average Daily Volume10 Day | 56,310 |
| Average Daily Volume3 Month | 113,098 |
| Average Volume | 113,098 |
| Average Volume10Days | 56,310 |
| Beta3 Year | 0.0 |
| Bid | 12.34 |
| Bid Size | 23,300 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.3701 |
| Day Low | 12.21 |
| Dividend Yield | 3.07 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.86244 |
| Fifty Day Average Change | -0.5324402 |
| Fifty Day Average Change Percent | -0.04139496 |
| Fifty Two Week Change Percent | -16.397308 |
| Fifty Two Week High | 15.52 |
| Fifty Two Week High Change | -3.1900005 |
| Fifty Two Week High Change Percent | -0.20554127 |
| Fifty Two Week Low | 12.01 |
| Fifty Two Week Low Change | 0.3199997 |
| Fifty Two Week Low Change Percent | 0.026644437 |
| Fifty Two Week Range | 12.01 - 15.52 |
| First Trade Date Milliseconds | 1,709,908,200,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.085 |
| Fullday Change Percent | -0.684656 |
| Fullday Price | 12.33 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,709,683,200 |
| 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 index is designed to track the performance of the seven largest NASDAQ listed companies, as identified by Indxx. The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 1X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Direxion Daily Magnificent 7 Bear 1X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1867487023 |
| Nav Price | 12.601 |
| Net Assets | 34,125,936.0 |
| Net Expense Ratio | 0.5 |
| Open | 12.34 |
| Phone | 866-476-7523 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 12.33 |
| Post Market Time | 1,787,960,893 |
| Previous Close | 12.415 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.085 |
| Regular Market Change Percent | -0.684656 |
| Regular Market Day High | 12.3701 |
| Regular Market Day Low | 12.21 |
| Regular Market Day Range | 12.21 - 12.3701 |
| Regular Market Open | 12.34 |
| Regular Market Previous Close | 12.415 |
| Regular Market Price | 12.33 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 30,935 |
| Short Name | Direxion Daily Magnificent 7 Be |
| Source Interval | 15 |
| Symbol | QQQD |
| Total Assets | 34,125,936 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.4691 |
| Trailing Three Month Returns | 0.4691 |
| Triggerable | 1 |
| Two Hundred Day Average | 13.194935 |
| Two Hundred Day Average Change | -0.8649349 |
| Two Hundred Day Average Change Percent | -0.06555053 |
| Type Disp | ETF |
| Volume | 30,935 |
| Yield | 0.0307 |
| Ytd Return | 0.43352 |