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NASDAQ:NVDD

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

$8.83
+0.35 (+4.13%)
(As of 09/6/2024 ET)
Today's Range
$8.41
$8.99
50-Day Range
$7.10
$9.45
52-Week Range
$7.02
$28.21
Volume
3.29 million shs
Average Volume
920,235 shs
Market Capitalization
$26.93 million
Assets Under Management
$30.93 million
Dividend Yield
4.76%
Net Expense Ratio
1.01%

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

3 Inverse ETFs to Take Advantage of the Downturn
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
See More 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
9

Fund Statistics

Assets Under Management
$30.93 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

Options

Optionable
Optionable
Options Volume
156
Put Options
5
Call Options
151
Short Interest
452,600 shs

Miscellaneous

Beta
-2.53
Creation Unit
25,000
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Direxion Daily NVDA Bear 1X Shares Expenses

TypeNVDDSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.99%0.55%0.49%0.52%
Other Expenses1.26%0.49%0.49%0.41%0.54%
Total Expense2.01%1.27%0.71%0.63%0.71%
Fee Waiver-1.00%-0.40%-0.53%-0.33%-0.58%
Net Expense1.01%1.08%0.61%0.56%0.59%

Direxion Daily NVDA Bear 1X Shares (NVDD) Holdings

Top 9 NVDD Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 58.81%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 9.12%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 8.92%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 5.65%
  • NVDA UW EQUITY SWAP
    Holding Weight: -6.80%
  • NVDA UW EQUITY SWAP
    Holding Weight: -11.69%
  • NVDA UW EQUITY SWAP
    Holding Weight: -16.63%
  • NVDA UW EQUITY SWAP
    Holding Weight: -19.00%
  • NVDA UW EQUITY SWAP
    Holding Weight: -45.88%

NVDD ETF - Frequently Asked Questions

How have NVDD shares performed this year?

Direxion Daily NVDA Bear 1X Shares' stock was trading at $22.20 at the start of the year. Since then, NVDD shares have decreased by 60.2% and is now trading at $8.83.
View the best growth stocks for 2024 here
.

Who are Direxion Daily NVDA Bear 1X Shares' major shareholders?

Direxion Daily NVDA Bear 1X Shares' top institutional investors include Weil Company Inc. (0.77%), Silver Lake Advisory LLC (0.33%) and Silver Lake Advisory LLC (0.33%).

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 9/7/2024 by MarketBeat.com Staff

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