PortfolioMetrics

QQQD

- Direxion Shares ETF Trust Direxion Daily Concentrated Qs Bear 1X Shares

Key Information

Earliest date2024-03-08
ExchangeNYSE
Instrument TypeCommon Stock
MIC CodeXASE
CountryUnited States

About QQQD

The index is designed to track the performance of the seven largest NASDAQ listed companies, as identified by Indxx. The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 1X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The fund is non-diversified.