What is Direxion Daily Magnificent 7 Bear 1X ETF's dividend yield?▾
Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) pays a current trailing twelve-month dividend yield of 3.19%, which works out to $0.40 per share annually based on the most recent payout schedule.
When does Direxion Daily Magnificent 7 Bear 1X ETF pay distributions?▾
The most recent ex-dividend date was June 23, 2026. The next scheduled dividend payment date is June 30, 2026.
What does Direxion Daily Magnificent 7 Bear 1X ETF invest in?▾
These Direxion exchange-traded funds, known as the Daily Magnificent 7 Bull 2X and Bear 1X ETFs, are structured to deliver daily investment outcomes. Specifically, before any fees or expenses are factored in, they endeavor to provide returns equal to either two times (200%) the daily movement of the Indxx Magnificent 7 Index, or the exact inverse (100% opposite) of that index's daily performance. It is crucial to understand that there is no assurance these funds will successfully achieve their intended daily investment targets.