Direxion Daily QCOM Bear 1X ETFDirexion Daily QCOM Bear 1X ETFDirexion Daily QCOM Bear 1X ETF

Direxion Daily QCOM Bear 1X ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪2.46 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.07%
Shares outstanding
‪100.00 K‬
Expense ratio
0.97%

About Direxion Daily QCOM Bear 1X ETF


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Jun 25, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
QCMD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of QUALCOMM, Inc. stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


QCMD assets under management is ‪2.46 M‬ USD. It's fallen 1.71% over the last month.
QCMD fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, QCMD doesn't pay dividends to its holders.
QCMD shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jun 25, 2025, and its management style is Active.
QCMD expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
QCMD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QCMD trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.