Direxion FundsInverse EquityMSFD · Nasdaq

Direxion Daily MSFT Bear 1X ETF (MSFD)

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Price: $9.90; —25 Sept 2026
Assets: $12.2M; Total net assets
Expense ratio: 1.02%; Category 0.00%
Yield: 4.41%; Trailing distributions

1Y return: -7.2%+26.4%; Category -33.6%
3Y CAGR: -15.6%+19.5%; Category -35.1%
5Y CAGR: —; Category -25.4%

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Direxion Daily MSFT Bear 1X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-3.9%	-30.1%	-34.1%	-11.9%	-7.2%	-15.6%	—	—	-17.1%
Inverse Equity average	-6.2%	-18.4%	-38.8%	-34.4%	-33.6%	-35.1%	-25.4%	-29.6%	-41.7%
Difference	+2.3%	-11.7%	+4.7%	+22.5%	+26.4%	+19.5%	—	—	+24.7%

Holdings

This ETF publishes no holdings breakdown.

ETF details

Issuer: Direxion Funds
Category: Equity · Inverse Equity
Ticker: MSFD
Exchange: Nasdaq
Inception: 6 Sept 2022 (4.1 years)
Structure: Exchange Traded Fund
Expense ratio: 1.02% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 4.41%
Beta, 3 years: -1.16
Total net assets: $12.2M

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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