Direxion Daily AMZN Bear 1X ETF
AThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$8.43+0.03 (+0.30%)
- 1.26%
- $10M
- −21.4%
- 2.84%
- 12.8M sh
- $8.31
- low $7.64high $11.77
The ETF.net AMZD Grade
A
Score 77 out of 100
- 8 of 58
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A70 out of 100Rank 18 of 58Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 18 of 32Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B68 out of 100Rank 9 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A80 out of 100Rank 8 of 58Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 12 of 58
Our read on AMZD
AA short on Amazon in ETF clothing. AMZD aims for -1x AMZN's move each day, with no leverage stacked on top, and it came out of Direxion's original 2022 single-stock batch. Built for day-length trades, not drawer storage.
The fund seeks daily inverse investment results tied to AMZN and is materially different from ordinary exchange-traded funds.
Why people hold it
- Simple mandate: -1x Amazon's daily move. No margin account, no shares to borrow, no leverage multiplier piled onto an already jumpy mega-cap.direxion.com
- Running since 2022, it has stayed close to its stated daily inverse target, one of the stronger implementations in the inverse single-stock group.
- The 1.26% expense ratio sits around the middle of the inverse single-stock pack: cheaper than some, pricier than siblings like AAPD and TSLS.
- Shares change hands actively for a niche product, so getting a position on and off is usually straightforward.
Worth knowing
- The daily reset is the whole story. Hold longer than a day and results drift from -1x AMZN over that stretch; choppy, sideways tape grinds at the math.
- One ticker, one direction. Earnings night, an AWS headline, or a broad melt-up all land on the entire position, with no diversification to soften it.
- Assets are small for the category, the usual durability question with narrow single-stock funds.
AMZD Holdings
- Other
- 3
- 5070%
- Dreyfus Govt Cash Man Ins
AMZD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
AMZD$7,864
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AMZD |
|---|---|
| Year to date | −15.1% |
| 1 month | −0.9% |
| 3 months | −8.2% |
| 1 year | −21.4% |
| 3 years | −22.7% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AMZD |
|---|---|---|
| 2026 YTD | −15.1% | |
| 2025 | −9.8% | |
| 2024 | −30.8% | |
| 2023 | −46.5% | |
| 2022 | +45.3% |
AMZD in the news
AMZD Dividends
- 2.84%
- $0.24
- $0.05 per share
- Quarterly
Distribution history
AMZD Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 27.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.96
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −74.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −1.36
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AMZD Cost
1.26%
AMZD1.26%
- The middle half of Single-Stock Inverse funds
- Median 1.35%
17 of the 43 Single-Stock Inverse funds charge less.
Other funds in Single-Stock Inverse
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- AMSFDDirexion Daily MSFT Bear 1X ETFExpense ratio 1.16%1 year return −10.6%
- AGGLSDirexion Daily GOOGL Bear 1X ETFExpense ratio 1.20%1 year return −36.1%
- ASKHZThemes ETF Trust - Leverage Shares 1X Short SK Hynix Daily ETFExpense ratio 0.75%1 year return —
- ATSLZT-REX 2X Inverse Tesla Daily Target ETFExpense ratio 1.05%1 year return −31.8%