Direxion Daily MSFT Bear 1X ETF (MSFD)
Direxion Daily MSFT 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 $10.47, up 2.15% on the session, giving a market capitalisation of $17.3M. Its beta of -1.15 implies it has historically moved less than the broad market.
These two Direxion Daily ETFs, the Direxion Daily MSFT Bull 2X ETF and the Direxion Daily MSFT Bear 1X ETF, are designed to generate specific daily investment returns, prior to deducting any fees or expenses. Their objective is to reflect the daily performance of Microsoft Corporation's common stock (NASDAQ: MSFT). The Bull 2X ETF endeavors to provide double (200%) the positive daily return of MSFT, while the Bear 1X ETF aims to deliver the exact inverse (100%) of MSFT's daily stock performance.
Direxion Daily MSFT Bear 1X ETF is most often compared with the following Financial Services names: