MSFD

Direxion Daily MSFT Bear 1X Shares

$10.98

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the Microsoft Corporation (MSFT) stock.

Overview

ETF tracking Direxion Daily MSFT Bear 1X Shares

Category Inverse

Issuer Other

Inception Date 2022-09-07

Market Cap $9.9M

Average Volume N/A

Dividend Yield 4.10%

52-Week Range $10.31 - $16.10

VWAP $11.06

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the Microsoft Corporation (MSFT) stock.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to gain the desired inverse exposure to the MSFT stock. It does not actually hold the underlying stock.

✨ Key Features

Provides -1x daily exposure to the performance of Microsoft Corporation stock
Designed for short-term, tactical trading rather than long-term buy-and-hold investing
Resets exposure daily, so longer-term returns may not match the inverse of the underlying stock
Very low expense ratio of 0.00%

⚠️ Primary Risks

Inverse/leveraged funds can experience significant volatility and may not perform as expected over longer time periods
Potential for large losses if the underlying stock rises in value
Risks associated with the use of derivatives such as futures and swaps
Low trading volume and assets under management, which can impact liquidity

👤 Best For

This ETF is best suited for experienced, risk-tolerant traders who seek short-term inverse exposure to Microsoft Corporation stock and understand the risks of inverse/leveraged funds. It is not recommended for long-term buy-and-hold investors.