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Direxion Daily NVDA Bear 1X Etf

Direxion Daily NVDA Bear 1X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization16.47 mln

Business Description

This fund aims to deliver the opposite of NVIDIA's daily stock performance, meaning it gains value when NVIDIA's share price falls and loses value when it rises. It achieves this by using financial contracts such as swaps and options rather than holding shares directly. At least 80% of the fund's assets are committed to this strategy at any given time. Investors should be aware that the fund focuses solely on a single company, so its performance is entirely tied to NVIDIA's movements.

Key Fundamentals

EPS2.19
P/E14.20

Quote Details

Last 31.11
Change 0.2 (0.65%)
Open 31.05
Volume 110,998
Turnover 3,453,148
Average Volume 220,952

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 1.24% 74 / 100   
1 Month 6.4% 90 / 100   
2 Months -5.3% 40 / 100   
6 Months -5.21% 41 / 100   
1 Year -20.07% 30 / 100   



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