QQQD vs TTXD

QQQDCDirexion Daily Magnificent 7 Bear 1X ETF

TTXDDDirexion Daily Technology Top 5 Bear 2X ETF

In short

QQQD Fading the Magnificent 7 without a leverage multiplier: QQQD aims for -100% of the Indxx Magnificent 7 Index's daily move, one-for-one, at 0.50% net of a waiver through September 1, 2027.

TTXD Most inverse tech funds short a whole index. TTXD points at five: the largest US information technology stocks, equal weighted, at 200% of their inverse move each day. A scalpel where the shelf mostly stocks blunt instruments.

Stated mandate

QQQD The fund seeks daily investment results equal to 100% of the inverse performance of the Indxx Magnificent 7 Index, before fees and expenses.

TTXD The fund seeks daily investment results equal to 200% of the inverse performance of the S&P 500 Information Technology (Sector) Top 5 Equal Capped Index.

Why people hold it

• QQQD One-for-one inverse, not 2x or 3x. A 1% index gain is designed to show up as roughly a 1% fund loss that day, and the reverse on down days, with no leverage stacked on top.direxion.com
• 0.50% net of a waiver through September 1, 2027, below the category median and below the 0.95% at PSQ and DOG (net of waivers through September 30, 2027).
• Surgical target: the short exposure is to the Magnificent 7 basket itself, not a broad Nasdaq index where those seven names get diluted by dozens of others.direxion.com
• Despite launching in 2024, it stands in the upper half of a crowded bear and inverse peer group.

• TTXD Unusually precise target. Rather than shorting the Nasdaq or an entire sector basket, it tracks the five biggest US tech names at -2x their daily move, one of the narrowest inverse tools on the leveraged shelf.direxion.com
• Equal weighting keeps the short from becoming a one-stock wager: each of the five Titans carries the same slice, and the roster follows whichever names sit atop the sector.direxion.com
• The adviser's waiver does real work here, cutting a stated 8.36% gross expense ratio to 1.02% net through September 1, 2027.

Worth knowing

• QQQD Exposure resets every day. Hold longer than a day and compounding means the result can drift from the simple inverse of the index's move over that stretch.direxion.com
• Seven mega-caps drive everything. One earnings surprise or one AI headline can move the whole basket, with no other holdings to soften it.direxion.com
• That 0.50% is a net figure. Gross expenses run 1.08%, so the cost picture shifts if the waiver is not extended past September 1, 2027.

• TTXD The mandate is a single day. Daily reset plus compounding means multi-day results can drift well away from -2x the index's move over that stretch, especially in choppy tape.sec.gov
• Costlier than the category norm: 1.02% net of a waiver through September 1, 2027, against 0.95% at broad inverse peers like PSQ and DOG (each net of waivers through September 30, 2027).
• Young and small. Launched in 2025, it remains a thinly traded fund, so spreads and order size matter more than with the veteran inverse names. Distributions, when paid, come quarterly.

Full QQQD profile⁠

Full TTXD profile⁠