Direxion Daily NVDA Bear 1X Shares (NVDD)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
NVDD Chart
It Could Be a Huge Week for These Nvidia ETFs
Active traders looking for targets this week don't have to look far. That's because a familiar name reports earnings on Wednesday after the close of U.S. markets.
Nvidia Picks Up Where It Left Off as Data Center Demand Rises
Nvidia's stock continues to recover following April's tariff-fueled sell-off. The chipmaker appears to be picking up where it left off as data center demand continues to rise.
Nvidia & TSMC Keep Attractracting Billionaire Buyers
With AI continuing to garner interest, names like Nvidia and Taiwan Semiconductor Manufacturing are seeing stock purchases from the whales of the investment ocean. Those generally are billionaire fund managers.
Direxion Daily NVDA Bear 1X Shares Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PSC PayPay Securities Corp. PayPay Securities Corp. | 1,470 | $57,231.08 | $49,318.5 | -$7,912.58 | -13.83% |
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Direxion Daily NVDA Bear 1X Shares Profile
| NASDAQ (NGS) Exchange | US Country |
Overview
The described fund is a specialized investment vehicle designed to provide investors with inverse exposure to NVIDIA Corporation (NVDA), a major player in the global technology sector known for its graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. This fund strategically invests a minimum of 80% of its net assets, including any borrowings for investment purposes, in a mix of financial instruments such as swap agreements and options. These instruments are carefully selected to collectively achieve the fund's goal of delivering 1X daily inverse or short exposure to NVDA, aligning with the fund's investment objective. It is characterized as non-diverse, concentrating its investments to achieve the specific outcome of inversely mirroring the performance of NVDA.
Products and Services
The fund offers unique investment solutions focusing on inverse exposure to NVDA, including:
- Swap Agreements: The fund engages in swap agreements to provide investors with the desired inverse exposure to NVDA. Swap agreements are derivative contracts through which two parties exchange financial instruments or cash flows based on NVDA's performance. This method is a cornerstone of the fund's strategy to achieve its investment objective.
- Options: Additionally, the fund invests in options to complement its investment strategy. Options grant the holder the right, but not the obligation, to buy or sell NVDA shares at a predetermined price before the option's expiration. These are utilized to fine-tune the fund's exposure, allowing for strategic positions that contribute to the inverse performance goal relative to NVDA's daily movements.
