AAPD — Direxion Daily AAPL Bear 1X Shares ETF
Direxion Daily AAPL Bear 1X Shares ETF (ticker: AAPD) is a equity ETF issued by Rafferty Asset Management tracking Apple Inc. (--100%). It was launched on 2022-08-09.
About AAPD
AAPD is an inverse equity ETF that seeks daily investment results, before fees and expenses, of 100% of the inverse (opposite) of the performance of Apple Inc. The fund invests in swap agreements, futures contracts, and other instruments that, in combination, are expected to produce returns that correlate to the inverse of the daily performance of Apple Inc. The fund has 9 holdings.
This ETF could be considered by investors seeking to express a bearish view on the daily performance of Apple Inc. or to potentially hedge an existing long position in Apple Inc. for short-term periods.
- Tracks the inverse daily performance of Apple Inc.
- Categorized as an Inverse Equities ETF.
- Expense ratio is 0.01%.
- Total assets under management (AUM) are $6M.
- The fund was incepted on August 9, 2022.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 2.00% |
| 1 Week | 1.64% |
| 1 Month | -2.56% |
| 3 Months | -14.90% |
| 6 Months | -8.69% |
| YTD | -10.30% |
| 1 Year | -32.58% |
| 3 Years | -40.44% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 91.29% |
| 2 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 91.29% |
| 3 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 91.29% |
| 4 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 91.29% |
| 5 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 91.29% |
| 6 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 85.85% |
| 7 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 85.85% |
| 8 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 85.85% |
| 9 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 85.85% |
| 10 | DREYFUS GOVT CASH MAN INS | X9USDDGCM | 82.30% |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Inverse Equities |
| Segment | Inverse Equity: U.S. Technology Hardware Storage & Peripheral |
| Sector | Broad |
| Region | North America |
| Index Tracked | Apple Inc. (--100%) |
| Inception Date | 2022-08-09 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | AAPD |
|---|---|
| Full Name | Direxion Daily AAPL Bear 1X Shares ETF |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $19.03M |
| Inception | 2022-08-09 |
| Index Tracked | Apple Inc. (--100%) |
Frequently Asked Questions
What does AAPD track?
AAPD (Direxion Daily AAPL Bear 1X Shares ETF) tracks Apple Inc. (--100%), a equity benchmark.
What is the expense ratio of AAPD?
AAPD has an expense ratio of 0.01% per year.
What is the AUM of AAPD?
AAPD has approximately $19.03M in assets under management.
Does AAPD pay a dividend?
AAPD distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues AAPD?
AAPD is issued by Rafferty Asset Management under the Direxion brand, launched on 2022-08-09.
Open the interactive AAPD dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.