Direxion Daily QCOM Bear 1X ETF (QCMD) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.00: the stock has moved roughly in step with the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 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 QCOM Bear 1X ETF (QCMD) trades at $15.84. Direxion Daily QCOM Bear 1X Shares (QCMD) seeks daily investment results, before fees and expenses, of 100% of the inverse (opposite) of the daily performance of Qualcomm (QCOM).
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for QCMD: QCMD 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 QCOM Bear 1X ETF Company Overview
Direxion Daily QCOM Bear 1X Shares (QCMD) offers investors a way to potentially profit from a decrease in the daily performance of Qualcomm (QCOM). Utilizing financial instruments, QCMD provides 1X daily inverse exposure to QCOM, appealing to those with a short-term bearish outlook on the semiconductor company.
What Is the Investment Thesis for QCMD?
QCMD presents a tactical opportunity for investors with a short-term bearish outlook on Qualcomm (QCOM). The fund's 1X daily inverse exposure allows investors to potentially profit from a decline in QCOM's stock price. However, the daily reset feature means that QCMD is not suitable for long-term investment, as its performance can deviate significantly from the inverse of QCOM's cumulative return over time. Key to QCMD's utility is the investor's ability to accurately predict short-term movements in QCOM. Factors such as negative news, earnings disappointments, or broader market downturns affecting the semiconductor industry could serve as catalysts for QCMD. Investors should closely monitor QCOM's performance, industry trends, and overall market sentiment to effectively utilize QCMD.
Based on FMP financials and quantitative analysis
QCMD Key Highlights
QCMD provides 1X daily inverse exposure to Qualcomm (QCOM), allowing investors to potentially profit from short-term declines in QCOM's stock price.
- The fund is non-diversified, concentrating its investments and making it highly sensitive to QCOM's price movements.
- QCMD utilizes financial instruments like swap agreements and options to achieve its investment objective.
- Designed for short-term tactical trading, QCMD's daily reset feature means it is not suitable for long-term investment horizons.
- QCMD's beta is 1.00, indicating that its price tends to move in line with the inverse of QCOM's price movements.
Who Are QCMD's Competitors?
QCMD is benchmarked below against 3 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| SQQQ ProShares - UltraPro Short QQQ | $32.62 | -1.52% | $1.50B | — |
| PSQ ProShares - Short QQQ | $24.39 | -0.55% | $693M | — |
| SDS ProShares - UltraShort S&P500 | $53.19 | -0.75% | $277M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are QCMD's Key Strengths?
Provides a simple way to gain inverse exposure to Qualcomm.
- Liquid and easily traded on major exchanges.
- Managed by an experienced ETF provider.
What Are QCMD's Weaknesses?
Not suitable for long-term investment due to daily reset.
- High expense ratio compared to traditional ETFs.
- Performance can deviate significantly from the inverse of QCOM's cumulative return over time.
What Are the Key Risks for QCMD?
Daily reset can lead to significant deviations from the inverse of Qualcomm's cumulative return over time.
- High expense ratio can erode returns.
- Changes in regulations affecting leveraged and inverse ETFs.
- Dependence on the performance of a single stock (Qualcomm).
What Are QCMD's Competitive Advantages?
- Specialized Expertise: Direxion has expertise in managing leveraged and inverse ETFs.
- Established Brand: Direxion has a recognized brand in the ETF market.
- First-Mover Advantage: QCMD was one of the first ETFs to offer inverse exposure to Qualcomm.
What Does QCMD Do?
Direxion Daily QCOM Bear 1X Shares (QCMD) is designed to provide investors with a straightforward tool to express a short-term, negative view on the performance of Qualcomm (QCOM). The fund achieves its objective by investing in financial instruments, including swap agreements and options, that, in combination, deliver 1X the inverse (opposite) of the daily return of QCOM. As a non-diversified fund, QCMD concentrates its investments, making it particularly sensitive to the price movements of Qualcomm. QCMD is managed by Direxion, a firm specializing in leveraged and inverse exchange-traded funds (ETFs). These types of funds are designed for sophisticated investors who actively monitor their positions and understand the risks associated with daily compounding. The fund's strategy is not intended for long-term investment horizons, as daily resets can lead to significant deviations from the inverse of Qualcomm's cumulative return over longer periods. Instead, QCMD is typically used for short-term tactical trading or hedging purposes, allowing investors to quickly capitalize on anticipated declines in QCOM's stock price.
What Products and Services Does QCMD Offer?
- Provides 1X daily inverse exposure to the performance of Qualcomm (QCOM).
- Invests primarily in financial instruments such as swap agreements and options.
- Offers investors a way to potentially profit from short-term declines in QCOM's stock price.
- Resets daily, making it unsuitable for long-term investment horizons.
- Concentrates its investments, making it highly sensitive to QCOM's price movements.
- Managed by Direxion, a firm specializing in leveraged and inverse ETFs.
How Does QCMD Make Money?
- Generates revenue through management fees charged on the fund's assets under management (AUM).
- Utilizes financial instruments to achieve its investment objective of providing 1X daily inverse exposure to QCOM.
- Relies on trading activity and market volatility to attract investors seeking short-term trading opportunities.
What Industry Does QCMD Operate In?
QCMD operates within the exchange-traded fund (ETF) market, specifically in the niche of leveraged and inverse ETFs. These funds are designed to provide magnified or inverse exposure to a particular index or asset, catering to sophisticated investors seeking short-term trading opportunities. The ETF market has experienced substantial growth in recent years, driven by increasing investor demand for low-cost, liquid investment vehicles. However, leveraged and inverse ETFs like QCMD carry higher risks due to their complex structure and daily reset mechanisms. The competitive landscape includes other inverse ETFs that target specific sectors or companies, offering investors a range of options to express their market views.
Who Are QCMD's Key Customers?
- Sophisticated investors seeking short-term tactical trading opportunities.
- Investors with a bearish outlook on Qualcomm (QCOM).
- Hedge funds and other institutional investors using inverse ETFs for hedging purposes.
- Financial advisors seeking to provide clients with access to inverse exposure.
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
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 53 |
| 2026-08-31 | 53 |
| 2026-09-08 | 53 |
| 2026-09-16 | 53 |
| 2026-09-24 | 53 |
| 2026-10-04 | 53 |
What changed?
The score has stayed at 53.
Over the same 30 days the stock moved -11.5%.
QCMD Financials
Bull Case vs Bear Case
Bull Case
- Provides a simple way to gain inverse exposure to Qualcomm.
- Liquid and easily traded on major exchanges.
- Managed by an experienced ETF provider.
- Upcoming: Qualcomm earnings announcements and investor reactions.
Bear Case
- Not suitable for long-term investment due to daily reset.
- High expense ratio compared to traditional ETFs.
- Performance can deviate significantly from the inverse of QCOM's cumulative return over time.
- Potential: Daily reset can lead to significant deviations from the inverse of Qualcomm's cumulative return over time.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
QCMD Latest News
No recent news available for QCMD.
QCMD Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for QCMD.
Price Targets
Wall Street price target analysis for QCMD.
QCMD MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for QCMD; grades run from A+ (80-100) to F (below 30).
Direxion Daily QCOM Bear 1X ETF Stock: Key Questions Answered
What does Direxion Daily QCOM Bear 1X Shares do?
Direxion Daily QCOM Bear 1X Shares (QCMD) is an exchange-traded fund (ETF) designed to deliver 100% of the inverse (opposite) of the daily performance of Qualcomm (QCOM). It allows investors to potentially profit from a decline in QCOM's stock price. QCMD achieves this through financial instruments like swap agreements and options.
What do analysts say about QCMD stock?
As an inverse ETF, QCMD's value is intrinsically linked to the performance of Qualcomm (QCOM). Analyst sentiment towards QCMD is therefore largely dependent on the outlook for QCOM. Generally, analysts do not provide direct ratings or price targets for inverse ETFs like QCMD. Instead, they focus on the underlying asset, QCOM, and its prospects.
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.
- The information provided is based on available data and may be subject to change.