XOMZ

Direxion Daily XOM Bear 1X Shares

$22.27

+0.00%

Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The Direxion Daily XOM Bear 1X Shares ETF seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the common stock of Exxon Mobil Corporation.

Overview

ETF tracking Direxion Daily XOM Bear 1X Shares

Category Inverse

Issuer Other

Inception Date 2025-04-23

Market Cap $2.2M

Average Volume N/A

Dividend Yield 1.65%

52-Week Range $22.25 - $26.49

VWAP $22.41

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily XOM Bear 1X Shares ETF seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the common stock of Exxon Mobil Corporation.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to achieve its inverse exposure to the Exxon Mobil stock price. It does not actually hold the underlying stock.

✨ Key Features

Inverse exposure to Exxon Mobil Corporation's stock price performance
Designed for short-term, tactical trading rather than long-term investment
Expense ratio of 0.00%
Very low assets under management ($0)

⚠️ Primary Risks

Inverse performance risk - the fund's returns will be the opposite of the underlying stock, amplifying losses if the stock rises
Volatility risk - the fund's performance can be highly volatile due to its use of derivatives
Liquidity risk - with very low assets, the fund may have difficulty executing trades
Counterparty risk - the fund relies on swap agreements and futures contracts, exposing it to the creditworthiness of its counterparties

👤 Best For

This ETF is designed for experienced, sophisticated traders who have a very short-term, tactical investment horizon and want to speculate on or hedge against declines in Exxon Mobil's stock price. It is not suitable for long-term, buy-and-hold investors.