Direxion Daily AMZN Bear 1X ETF (AMZD) NASDAQ
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Address
1301 Avenue of the Americas, 28th Floor
New York, NY 10019
United States of America (the)
Phone
1-866-476-7523
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
September 08, 2022
The Direxion Daily AMZN Bear 1X ETF, along with its counterpart, the Direxion Daily AMZN Bull 2X ETF, are constructed to deliver specific daily investment outcomes tied to the common shares of Amazon.com, Inc. (NASDAQ: AMZN). Before the deduction of any fees or expenses, the Bear 1X ETF (AMZD) aims to produce daily returns that precisely match 100% of the inverse (or opposite) performance of Amazon's stock. Conversely, the Bull 2X ETF endeavors to achieve daily returns equivalent to 200% of Amazon's daily performance.