
Direxion Daily QCOM Bear 1X Shares (QCMD) ETF Ticker
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About Direxion Daily QCOM Bear 1X Shares
QCMD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of QUALCOMM, Inc. stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested. Effective February 27, 2026, the fund replaced the term Shares in its name with ETF.
QCMD etf facts
| Ticker symbol | QCMD |
| Exchange | NASDAQ Global Market |
| Sector | Financial Services |
| Industry | Asset Management |
| Market cap | $1.9M |
| CEO | José Carlos Pérez y Pérez |
| Employees | 231 |
| Headquarters | New York City, NY, US |
| IPO date | 2025-06-25 |
| Website | www.direxion.com/product/daily-qcom-bull-and-bear-leveraged-single-stock-etfs |
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What is the ticker symbol for Direxion Daily QCOM Bear 1X Shares?
The ticker symbol for Direxion Daily QCOM Bear 1X Shares is QCMD, listed on the NASDAQ Global Market.
What is QCMD?
QCMD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of QUALCOMM, Inc. stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to…