Direxion Daily PANW Bear 1X SharesDirexion Daily PANW Bear 1X SharesDirexion Daily PANW Bear 1X Shares

Direxion Daily PANW Bear 1X Shares

No trades
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Key stats


Assets under management (AUM)
‪2.74 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−0.10%
Shares outstanding
‪100.00 K‬
Expense ratio
0.97%

About Direxion Daily PANW Bear 1X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Mar 26, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Capitalizes
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.
PALD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Palo Alto Networks, 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
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%

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