# Direxion Daily QCOM Bear 1X ETF (QCMD) — Overview

QCMD · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/qcmd

## Price

Last close $16.51 on Oct 15, 2026. 52-week range $12.91 – $29.36.

## Fund profile

QCMD seeks daily inverse investment results and is very different from most other exchange-traded funds.

| Metric | Value |
| --- | --- |
| Issuer | Rafferty Asset Management, LLC |
| Industry | — |
| Inception | Jun 25, 2025 |
| Assets under management | $2.9M |
| Expense ratio | 1.00% |
| Net asset value | $16.77 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Direxion Daily QCOM Bear 1X ETF (QCMD)?

QCMD seeks daily inverse investment results and is very different from most other exchange-traded funds.

### What is QCMD's expense ratio?

Direxion Daily QCOM Bear 1X ETF charges an annual expense ratio of 1.00%. The fund is issued by Rafferty Asset Management, LLC.

### How large is QCMD?

Direxion Daily QCOM Bear 1X ETF manages $2.9M in assets and has traded since Jun 25, 2025.

### How do I buy shares of Direxion Daily QCOM Bear 1X ETF (QCMD)?

QCMD trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).