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Direxion Daily BRKB Bear 1X Shares (BRKD)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
25461A437
Issuer
Direxion
Inception Date
Dec 11, 2024
Region
North America (U.S.)
Leveraged
-1x
Index Tracked
Berkshire Hathaway Inc. Class B (-100%)
Distribution Policy
Distributing
Asset Class
Equity
Assets Under Management
$2M

Share Price Chart


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Performance

BRKD Performance Chart

Direxion Daily BRKB Bear 1X Shares (BRKD) is up 5.9% since the beginning of the year. BRKD is currently trading at $24 per share.


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S&P 500 Index

Returns By Period

Direxion Daily BRKB Bear 1X Shares (BRKD) has returned 5.90% so far this year and 12.23% over the past 12 months.


Direxion Daily BRKB Bear 1X Shares

1D
0.00%
1M
3.04%
YTD
5.90%
6M
3.95%
1Y
12.23%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.26%
1M
4.84%
YTD
2.86%
6M
6.22%
1Y
33.47%
3Y*
19.26%
5Y*
10.96%
10Y*
12.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BRKD Monthly Returns History

Based on dividend-adjusted daily data since Dec 11, 2024, BRKD's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, an investment would double in approximately 36.1 years.

Historically, 59% of months were positive and 41% were negative. The best month was May 2025 with a return of +6.1%, while the worst month was Feb 2025 at -8.8%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 4 months.

On a daily basis, BRKD closed higher 50% of trading days. The best single day was Apr 4, 2025 with a return of +7.3%, while the worst single day was Apr 9, 2025 at -5.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.04%-4.44%5.41%0.08%5.90%
2025-2.84%-8.84%-2.95%-0.83%6.11%4.39%2.95%-5.55%0.44%5.61%-6.75%2.75%-6.69%
20242.19%2.19%

Benchmark Metrics

Direxion Daily BRKB Bear 1X Shares has an annualized alpha of 8.29%, beta of -0.45, and R² of 0.19 versus S&P 500 Index. Calculated based on daily prices since December 12, 2024.

  • This ETF participated in 46.05% of S&P 500 Index downside but only 22.56% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of -0.45 may look defensive, but with R² of 0.19 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.19 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
8.29%
Beta
-0.45
0.19
Upside Capture
22.56%
Downside Capture
46.05%

Expense Ratio

BRKD has a high expense ratio of 1.00%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

BRKD ranks 19 for risk / return — in the bottom 19% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


BRKD Risk / Return Rank: 1919
Overall Rank
BRKD Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
BRKD Sortino Ratio Rank: 1818
Sortino Ratio Rank
BRKD Omega Ratio Rank: 1717
Omega Ratio Rank
BRKD Calmar Ratio Rank: 2525
Calmar Ratio Rank
BRKD Martin Ratio Rank: 1919
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Direxion Daily BRKB Bear 1X Shares (BRKD) and compare them to a chosen benchmark (S&P 500 Index).


BRKDBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.79

2.59

-1.80

Sortino ratio

Return per unit of downside risk

1.32

3.60

-2.28

Omega ratio

Gain probability vs. loss probability

1.15

1.48

-0.33

Calmar ratio

Return relative to maximum drawdown

1.63

3.33

-1.69

Martin ratio

Return relative to average drawdown

3.18

15.04

-11.86

Explore BRKD risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Direxion Daily BRKB Bear 1X Shares provided a 2.82% dividend yield over the last twelve months, with an annual payout of $0.68 per share.


3.50%$0.00$0.20$0.40$0.60$0.802025
Dividends
Dividend Yield
PeriodTTM2025
Dividend$0.68$0.81

Dividend yield

2.82%3.50%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily BRKB Bear 1X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.13$0.00$0.13
2025$0.26$0.00$0.00$0.22$0.00$0.00$0.21$0.00$0.00$0.12$0.81

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily BRKB Bear 1X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily BRKB Bear 1X Shares was 17.92%, occurring on May 2, 2025. The portfolio has not yet recovered.

The current Direxion Daily BRKB Bear 1X Shares drawdown is 3.69%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.92%Jan 13, 202577May 2, 2025
-2.4%Dec 19, 20245Dec 26, 20249Jan 10, 202514
-0.18%Dec 17, 20241Dec 17, 20241Dec 18, 20242

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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