About Direxion Daily Magnificent 7 Bear 1X ETF

These Direxion exchange-traded funds, known as the Daily Magnificent 7 Bull 2X and Bear 1X ETFs, are structured to deliver daily investment outcomes. Specifically, before any fees or expenses are factored in, they endeavor to provide returns equal to either two times (200%) the daily movement of the Indxx Magnificent 7 Index, or the exact inverse (100% opposite) of that index's daily performance....