Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares company info

What does Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares do?
Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) is an exchange-traded fund that specializes in providing inverse exposure to the performance of Apple Inc.'s stock. This means that the ETF aims to increase in value when Apple's stock price decreases, making it an attractive option for investors expecting a downturn in Apple's market performance. The fund seeks to achieve its objective by employing financial derivatives and is designed for short-term investment strategies rather than long-term holdings. With its focus on daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of Apple Inc., the fund targets investors looking to hedge against or speculate on the movements of Apple's stock price. Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares offers a specific and strategic approach for investors aiming to capitalize on short-term declines in one of the technology sector's most closely watched stocks.
Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares company media
Company Snapshot

Is Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares a public or private company?

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Ownership
Public

How many people does Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares employ?

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Employees
56

What sector is Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares in?

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Sector
ETF

Where is the head office for Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares?

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Head Office
New York, United States

What year was Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares founded?

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Year Founded
2022
What does Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares specialise in?
/Short AAPL /Inverse ETF /Market Strategy /Risk Management /Portfolio Diversification /Financial Investment

What are the products and/or services of Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares?

Overview of Direxion Shares ETF Trust - Direxion Daily AAPL Bear 1X Shares offerings
Targets Apple Stock (AAPL): AAPD focuses on the daily performance of Apple (AAPL) stock, but with an inverse relationship.
Inverse Daily Performance: AAPD aims to deliver a return opposite to AAPL's daily performance. If AAPL goes up a certain percentage, AAPD goes down by a similar percentage, and vice versa.
Geared for Short-Term Holding: AAPD is designed for short-term holding periods, typically a single trading day. Due to compounding effects, holding it for longer periods might not deliver the expected inverse return.
Potential for Magnified Returns: AAPD magnifies daily movements in AAPL's stock price. A small increase in AAPL could lead to a larger decrease in AAPD, and vice versa. This magnifies both potential gains and losses.
Targets Downside: AAPD is suited for investors who believe AAPL's stock price will decline. It profits when AAPL goes down.
Risks Involved: While AAPD offers potential for magnified returns if AAPL goes down, it also carries magnified risks. Unexpected market movements or gaps in AAPL's price could lead to significant losses in AAPD.