Direxion Daily F Bear 1X ETF

FRDD

Market cap $2.14M

New York, New York, March 13, 2026 (GLOBE NEWSWIRE) -- Closures Due to Limited Interest Since Launch Due to their inability to attract sufficient investment assets, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close ten ETFs (each, a “Fund” and collectively, the “Funds”), based on the recommendation of the Funds' adviser, Rafferty Asset Management, LLC. The Board concluded that liquidating and closing the Funds would be in the best interest of the Funds and their shareholders.

As part of its growing line of single-stock ETFs, Direxion is giving traders the ability to go forward or reverse (more so up or down) on Ford's stock with its latest pairing: the Direxion Daily F Bull 2X Shares (FRDU)/Direxion Daily F Bear 1X Shares (FRDD).

NEW YORK, NY / ACCESS Newswire / July 23, 2025 / Direxion, a leading provider of ETFs for tactical traders, and a pioneer in Single Stock Daily Leveraged & Inverse ETFs, expanded its industry-leading lineup of high-powered trading tools with the launch of two new funds tracking the performance of Ford Motor Company (F). These funds are the first to provide traders with amplified, or inverse, exposure to Ford via the Direxion Daily F Bull 2X ETF (Ticker:FRDU) and the Direxion Daily F Bear 1X ETF (Ticker:FRDD).