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BRKD

Direxion Daily BRKB Bear 1X Shares·NASDAQ
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Key Stats

Assets Under Management
2.33MUSD
Fund Flows (1Y)
43.90KUSD
Dividend Yield
3.48%
Discount/Premium to NAV
0.07%
Shares Outstanding
100.00K
Expense Ratio
0.97%

About Direxion Daily BRKB Bear 1X Shares

Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Dec 11, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
BRKD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Berkshire Hathaway (BRKB) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research before initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Classification

Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Multi-Sector Holdings
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset

Analysis

Asset

No data available

Holdings

Symbol

Ratio

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DREYFUS GOVT CASH MAN INS

70.28%
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GOLDMAN FINL SQ TRSRY INST 506

19.43%
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DREYFUS TRSRY SECURITIES CASH MGMT

11.70%
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BRK/B BULL / BEAR SWAP

-21.62%
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BRK/B BULL / BEAR SWAP-1

-23.79%
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BRK/B BULL / BEAR SWAP-2

-24.59%

Symbol

Ratio

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BRK/B BULL / BEAR SWAP-3

-29.99%

Top 10 Weight 1.42%

7 Total Holdings

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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