Direxion Daily AMD Bear 1X ETF (AMDD)
Direxion Daily AMD Bear 1X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $29.71, down 1.95% on the session, giving a market capitalisation of $16.8M. Its beta of -2.73 implies it has historically moved less than the broad market.
These Direxion ETFs, the Daily AMD Bull 2X and Daily AMD Bear 1X, aim for specific daily investment results, prior to fees and expenses: the Bull fund targets twice (200%) the performance of Advanced Micro Devices, Inc. (NASDAQ: AMD) common shares, while the Bear fund endeavors to achieve 100% of the inverse (opposite) performance of the same shares.
Direxion Daily AMD Bear 1X ETF is most often compared with the following Financial Services names: