Direxion Daily AMD Bear 1X ETF
AMDD
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1301 Avenue of the Americas, 28th Floor New York NY United States of America 10019
- IPO Date
- Feb 12, 2025
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily AMD Bear 1X Shares (AMDD) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 100% of the inverse (or opposite) of the daily performance of the common shares of Advanced Micro Devices, Inc. (NASDAQ: AMD); the fund achieves this exposure primarily through swap agreements, options, and other financial instruments with major global financial institutions, including derivatives offsets, cash management vehicles such as Dreyfus Government Cash Management Institutional and Goldman Sachs Financial Square Treasury Institutional, and short positions in AMD shares. Issued by Direxion Shares ETF Trust and managed by Rafferty Asset Management, LLC, AMDD targets sophisticated traders seeking short-term bearish exposure to AMD stock in the semiconductor sector, with a net expense ratio of 0.95% (excluding certain costs) and assets under management of approximately $21-23 million as of recent reports; it lists on the NASDAQ exchange and features holdings concentrated in technology-related inverse instruments. Launched on February 12, 2025, the fund forms part of Direxion's expanding lineup of single-stock leveraged and inverse ETFs, complementing products like the Direxion Daily AMD Bull 2X Shares (AMUU). Headquartered at 535 Madison Avenue, 37th Floor, New York, New York, Direxion Shares ETF Trust operates under the Direxion Investments brand, which has provided non-traditional leveraged and inverse ETFs since 1997 with offices in the U.S. and Hong Kong. The ETF serves North American developed markets and focuses on short-term trading strategies amid volatility in high-performance computing, graphics, and AI-driven semiconductor demand linked to AMD. In a major recent development, Direxion launched AMDD alongside AMUU on February 12, 2025, to offer traders targeted tools for expressing short-term conviction on AMD amid surging AI and data center growth; this expansion joins Direxion's semiconductor-focused ETFs covering Nvidia, Taiwan Semiconductor, Broadcom, and Micron. The fund has issued quarterly dividends, including $0.1029 per share paid on September 30, 2025 (ex-date September 23), yielding approximately 4.4% annualized, and subsequent distributions in March and June 2025; trading volume has shown spikes, such as 2.3 million shares on December 11, 2025, up 13% from average. No significant acquisitions, funding rounds, or reorganizations have been reported for the fund or issuer in the past 1-2 years beyond this launch and ongoing product suite enhancements.