NVDD
ยทNASDAQ
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Key Stats
Assets Under Management
32.69MUSD
Fund Flows (1Y)
53.79MUSD
Dividend Yield
5.03%
Discount/Premium to NAV
-0.03%
Shares Outstanding
797.45K
Expense Ratio
1.02%
About Direxion Daily NVDA Bear 1X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Sep 13, 2023
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
Foreside Fund Services LLC
NVDD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of NVIDIA 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 prior to 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
Information Technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +5.43% | -1.96% | -35.87% | -37.53% | -83.41% | -83.41% |
NAV Total Return | +5.03% | -4.70% | -35.74% | -35.34% | -0.77% | -0.77% |
Ratings
No data is currently available
Ainvestโs AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investorsโtransforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
DREYFUS GOVT CASH MAN INS
80.96%
GOLDMAN SACHS FIN GOV 465 INSTITUT
19.31%
DREYFUS TRSRY SECURITIES CASH MGMT
18.84%
GOLDMAN FINL SQ TRSRY INST 506
3.64%
NVIDIA CORP SWAP
-3.35%
NVIDIA CORP SWAP-1
-3.54%
NVIDIA CORP SWAP-2
-8.03%
NVIDIA CORP SWAP-3
-22.13%
NVIDIA CORP SWAP-4
-62.96%
Top 10 Weight 22.76%
9 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-23 | 2025-09-23 | 2025-09-30 | 0.036 |
| 2025-06-24 | 2025-06-24 | 2025-07-01 | 0.041 |
| 2025-03-25 | 2025-03-25 | 2025-04-01 | 0.050 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.079 |
| 2024-09-24 | 2024-09-24 | 2024-10-01 | 0.073 |
| 2024-06-25 | 2024-06-25 | 2024-07-02 | 0.047 |
| 2024-03-19 | 2024-03-20 | 2024-03-26 | 0.120 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
