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Direxion Daily Magnificent 7 Bear 1X Shares (QQQD)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Direxion

Inception Date

Mar 6, 2024

Leveraged

-1x

Index Tracked

Indxx Magnificent 7 Index (-100%)

Asset Class

Equity

Asset Class Size

Mega-Cap

Asset Class Style

Growth

Expense Ratio

QQQD has an expense ratio of 0.57%, placing it in the medium range.


Expense ratio chart for QQQD: current value is 0.57%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQD: 0.57%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
QQQD vs. QQQU QQQD vs. VOO QQQD vs. QYLD QQQD vs. MAGX QQQD vs. QQQ QQQD vs. IWY QQQD vs. ONEQ QQQD vs. SCHG QQQD vs. YQQQ
Popular comparisons:
QQQD vs. QQQU QQQD vs. VOO QQQD vs. QYLD QQQD vs. MAGX QQQD vs. QQQ QQQD vs. IWY QQQD vs. ONEQ QQQD vs. SCHG QQQD vs. YQQQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily Magnificent 7 Bear 1X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-11.17%
4.64%
QQQD (Direxion Daily Magnificent 7 Bear 1X Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily Magnificent 7 Bear 1X Shares had a return of 22.85% year-to-date (YTD) and -10.93% in the last 12 months.


QQQD

YTD

22.85%

1M

10.94%

6M

5.05%

1Y

-10.93%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-8.25%

1M

-6.60%

6M

-5.32%

1Y

3.55%

5Y*

16.80%

10Y*

10.02%

*Annualized

Monthly Returns

The table below presents the monthly returns of QQQD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-2.22%9.02%11.28%3.57%22.85%
2024-0.33%2.23%-6.57%-8.30%0.35%0.87%-6.27%0.40%-7.88%-5.58%-27.69%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of QQQD is 10, meaning it’s performing worse than 90% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of QQQD is 1010
Overall Rank
The Sharpe Ratio Rank of QQQD is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQD is 77
Sortino Ratio Rank
The Omega Ratio Rank of QQQD is 88
Omega Ratio Rank
The Calmar Ratio Rank of QQQD is 99
Calmar Ratio Rank
The Martin Ratio Rank of QQQD is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for QQQD, currently valued at -0.41, compared to the broader market0.002.004.00
QQQD: -0.41
^GSPC: 0.25
The chart of Sortino ratio for QQQD, currently valued at -0.46, compared to the broader market-2.000.002.004.006.008.0010.0012.00
QQQD: -0.46
^GSPC: 0.41
The chart of Omega ratio for QQQD, currently valued at 0.95, compared to the broader market0.501.001.502.002.503.00
QQQD: 0.95
^GSPC: 1.06
The chart of Calmar ratio for QQQD, currently valued at -0.31, compared to the broader market0.005.0010.0015.00
QQQD: -0.31
^GSPC: 0.30
The chart of Martin ratio for QQQD, currently valued at -0.50, compared to the broader market0.0020.0040.0060.0080.00100.00
QQQD: -0.50
^GSPC: 1.15

The current Direxion Daily Magnificent 7 Bear 1X Shares Sharpe ratio is -0.41. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion Daily Magnificent 7 Bear 1X Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.50Thu 13Sat 15Mon 17Wed 19Fri 21Mar 23Tue 25Thu 27Sat 29Mon 31Wed 02
-0.41
0.25
QQQD (Direxion Daily Magnificent 7 Bear 1X Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily Magnificent 7 Bear 1X Shares provided a 4.88% dividend yield over the last twelve months, with an annual payout of $1.01 per share.


5.17%$0.00$0.20$0.40$0.60$0.802024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$1.01$0.87

Dividend yield

4.88%5.17%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Magnificent 7 Bear 1X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.13$0.00$0.13
2024$0.32$0.00$0.00$0.41$0.00$0.00$0.15$0.87

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.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-16.64%
-12.17%
QQQD (Direxion Daily Magnificent 7 Bear 1X Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Magnificent 7 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 Magnificent 7 Bear 1X Shares was 36.25%, occurring on Dec 17, 2024. The portfolio has not yet recovered.

The current Direxion Daily Magnificent 7 Bear 1X Shares drawdown is 16.64%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-36.25%Apr 22, 2024167Dec 17, 2024
-5.74%Mar 12, 202422Apr 11, 20245Apr 18, 202427

Volatility

Volatility Chart

The current Direxion Daily Magnificent 7 Bear 1X Shares volatility is 12.33%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
12.33%
7.38%
QQQD (Direxion Daily Magnificent 7 Bear 1X Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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