Direxion Daily NVDA Bear 1X ETF (NVDD) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerDirexion Daily NVDA Bear 1X ETF (NVDD) trades at $28.09. Direxion Daily NVDA Bear 1X ETF (NVDD) provides inverse exposure to the daily performance of NVIDIA Corporation (NVDA). Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for NVDD: NVDD does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Direxion Daily NVDA Bear 1X ETF (NVDD) Financial Services Profile
Direxion Daily NVDA Bear 1X ETF (NVDD) offers investors a way to inversely track the daily performance of NVIDIA (NVDA) shares, functioning as a specialized tool within the asset management sector for those seeking to hedge or profit from short-term declines in NVDA's stock price. It carries a beta of -1.98.
What Is the Investment Thesis for NVDD?
NVDD presents a tactical opportunity for investors with a short-term bearish outlook on NVIDIA (NVDA). Its primary value driver is its inverse correlation to NVDA's daily stock performance, appealing to those seeking to hedge existing long positions in NVDA or to speculate on short-term price declines. However, the ETF's leveraged nature and daily reset mechanism introduce significant risks, particularly for longer holding periods. The fund's beta of -1.98 indicates high volatility and inverse correlation to the market. Investors should carefully consider the potential for compounding losses and the impact of fees and expenses on overall returns. NVDD is not suitable as a long-term investment.
Based on FMP financials and quantitative analysis
NVDD Key Highlights
NVDD provides -1x daily inverse exposure to NVIDIA (NVDA) stock, allowing investors to profit from short-term declines.
- The fund has a beta of -1.98, indicating high volatility and inverse correlation to market movements.
- NVDD is designed for short-term tactical trading and hedging strategies, not long-term investment.
- As an inverse ETF, NVDD's performance is directly tied to the daily price fluctuations of NVIDIA (NVDA).
- The fund's market capitalization is $0.02B, reflecting its niche focus and targeted investor base.
Who Are NVDD's Competitors?
NVDD is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| ASMF Virtus AlphaSimplex Managed Futures ETF | $27.30 | -0.46% | $32.6M | — |
| CCSB Carbon Collective Short Duration Green Bond ETF | $19.31 | -0.18% | $25.1M | — |
| DHDG FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF | $37.91 | +0.53% | $41.8M | — |
| DSTX Distillate International Fundamental Stability & Value ETF | $33.76 | +0.52% | $45.4M | — |
| DYFI IDX Dynamic Fixed Income ETF | $22.20 | -0.02% | $35.2M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NVDD's Key Strengths?
Provides a direct and transparent way to inversely track the daily performance of NVIDIA (NVDA).
- Offers intraday liquidity, allowing investors to buy and sell shares throughout the trading day.
- Can be used as a hedging tool to offset potential losses in NVDA.
- Direxion is a recognized provider of leveraged and inverse ETFs.
What Are NVDD's Weaknesses?
Not suitable for long-term investment due to daily reset mechanism.
- Performance can deviate significantly from the stated inverse relationship with NVDA over longer periods.
- Subject to compounding losses in volatile markets.
- High expense ratio compared to traditional ETFs.
What Are the Key Risks for NVDD?
Regulatory scrutiny of leveraged and inverse ETFs could impact NVDD's structure and operations.
- The daily reset mechanism can lead to significant deviations from the stated inverse relationship with NVDA over longer periods.
- High expense ratio can erode returns, especially in sideways or volatile markets.
- Changes in investor sentiment towards NVDA could reduce demand for NVDD.
What Threats Does NVDD Face?
- Regulatory changes impacting leveraged and inverse ETFs.
- Increased competition from similar products.
- Market volatility and unexpected price movements in NVDA.
- Changes in investor sentiment towards NVDA and the technology sector.
What Are NVDD's Competitive Advantages?
- Specialized product offering: NVDD provides a unique inverse exposure to NVIDIA (NVDA), differentiating it from broad-based ETFs.
- Brand recognition: Direxion is a well-known provider of leveraged and inverse ETFs.
- First-mover advantage: NVDD was among the first single-stock inverse ETFs to target NVDA.
What Does NVDD Do?
The Direxion Daily NVDA Bear 1X ETF (NVDD) is a financial instrument designed to deliver the inverse of the daily performance of NVIDIA Corporation (NVDA). Launched by Direxion, a firm specializing in leveraged and inverse ETFs, NVDD provides investors with a tool to potentially profit from, or hedge against, short-term declines in NVDA's stock price. Unlike traditional investment strategies that rely on the appreciation of an asset, NVDD is structured to increase in value when NVDA's stock decreases, and vice versa. As an exchange-traded fund (ETF), NVDD offers intraday liquidity, allowing investors to buy and sell shares throughout the trading day. However, due to the nature of its daily reset mechanism, NVDD is not intended for long-term investment strategies. Its performance over periods longer than one day can deviate significantly from the stated inverse relationship with NVDA's stock. The fund's investment objective is to provide daily investment results, before fees and expenses, that correspond to the inverse of the daily performance of NVIDIA Corporation (NASDAQ: NVDA).
What Products and Services Does NVDD Offer?
- Provides inverse exposure to the daily performance of NVIDIA (NVDA) stock.
- Offers a tool for investors to profit from short-term declines in NVDA's stock price.
- Functions as a hedging instrument against existing long positions in NVDA.
- Trades on major exchanges, providing intraday liquidity.
- Resets daily to maintain its -1x inverse exposure.
- Allows sophisticated investors to implement tactical trading strategies related to NVDA.
How Does NVDD Make Money?
- NVDD generates revenue through management fees charged to investors.
- The fund's expense ratio covers operational costs and management fees.
- Trading activity in NVDD contributes to revenue for market makers and exchanges.
What Industry Does NVDD Operate In?
NVDD operates within the asset management industry, specifically in the segment of leveraged and inverse ETFs. This segment has grown in popularity as investors seek tools for short-term trading, hedging, and tactical asset allocation. The broader asset management industry is influenced by market volatility, interest rates, and regulatory changes. NVDD's performance is directly tied to the price movements of NVIDIA (NVDA), making it sensitive to developments in the semiconductor and technology sectors. Competitors in this space include firms offering similar leveraged and inverse products, such as ASMF, CCSB, DHDG, DSTX, and DYFI.
Who Are NVDD's Key Customers?
- Sophisticated retail investors seeking short-term trading opportunities.
- Institutional investors hedging existing positions in NVIDIA (NVDA).
- Hedge funds employing tactical trading strategies.
- Financial advisors using NVDD as part of client portfolios.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
NVDD Financials
Bull Case vs Bear Case
Bull Case
- Provides a direct and transparent way to inversely track the daily performance of NVIDIA (NVDA).
- Offers intraday liquidity, allowing investors to buy and sell shares throughout the trading day.
- Can be used as a hedging tool to offset potential losses in NVDA.
- Direxion is a recognized provider of leveraged and inverse ETFs.
Bear Case
- Not suitable for long-term investment due to daily reset mechanism.
- Performance can deviate significantly from the stated inverse relationship with NVDA over longer periods.
- Subject to compounding losses in volatile markets.
- High expense ratio compared to traditional ETFs.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NVDD Latest News
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VIDEO: ETF of the Week: NVDU & NVDD
etftrends.com · Aug 31, 2026
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ETF of the Week: Direxion Daily NVDA Bull 1X & 2X Shares (NVDU & NVDD)
etftrends.com · Aug 27, 2026
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Traders: It's Time to Examine These Nvidia ETFs
etftrends.com · Aug 20, 2026
NVDD Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for NVDD.
Price Targets
Wall Street price target analysis for NVDD.
NVDD MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for NVDD; grades run from A+ (80-100) to F (below 30).
Leadership: Paul Brigandi
CEO
Paul Brigandi serves as the CEO, bringing extensive experience in the financial services industry. His career includes leadership roles at various investment management firms, where he focused on product development, distribution, and strategic planning. Brigandi's expertise spans across multiple asset classes and investment strategies, including ETFs, mutual funds, and alternative investments. He holds advanced degrees in finance and business administration.
Track Record: Under Paul Brigandi's leadership, Direxion has expanded its suite of leveraged and inverse ETFs, catering to the evolving needs of sophisticated investors. He has overseen the launch of innovative products and the implementation of strategic initiatives to enhance the firm's market position. His focus on risk management and regulatory compliance has been instrumental in maintaining the integrity of Direxion's product offerings.
Common Questions About NVDD (Financials)
What does Direxion Daily NVDA Bear 1X ETF do?
The Direxion Daily NVDA Bear 1X ETF (NVDD) is designed to deliver the inverse of the daily performance of NVIDIA Corporation (NVDA). It allows investors to potentially profit from, or hedge against, short-term declines in NVDA's stock price. NVDD is structured to increase in value when NVDA's stock decreases, and vice versa.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- This analysis is based on publicly available information and may not reflect all factors relevant to an investment decision.
- The performance of leveraged and inverse ETFs can be highly volatile and unpredictable.
- Investors should consult with a qualified financial advisor before investing in NVDD.