The Direxion Daily BRKB Bear 1X Shares ETF, trading under the ticker BRKD, offers investors a unique opportunity to capitalize on daily inverse performance of the industrial sector, specifically targeting the industrial conglomerates niche. This ETF is meticulously designed for those with a bearish outlook on industrial powerhouses, providing a strategic tool to profit from potential downturns in this expansive segment. Industrial conglomerates, known for their diverse operations across various sectors, are integral to the global economy, and this ETF focuses precisely on that dynamic market, offering a hedge or speculative play for savvy investors. By delivering inverse exposure to a key sector, BRKD allows market participants to tactically navigate and potentially benefit from declining valuations of prominent industrial players. This ETF serves as both a portfolio diversifier and a tactical instrument, catering to investors who are keenly aware of market cycles and the specific challenges facing industrial conglomerates today.
Asset Class
Equity
Region
North America
Issuer
Direxion
Index Tracked
Berkshire Hathaway Inc. Class B
Ticker Symbol
BRKD
Direxion Daily BRKB Bear 1X Shares (BRKD) Fund Flow Chart
Direxion Daily BRKB Bear 1X Shares (BRKD) 1 year Net Flows: 644K
BRKD ETF FAQ
What was BRKD’s price range in the past 12 months?
BRKD lowest ETF price was 24.59 and its highest was 26.28 in the past 12 months.
What is the AUM of BRKD?
As of Jan 29, 2025 The AUM of BRKD is 3.10M.
Is BRKD overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does BRKD pay dividends?
BRKD does not currently pay dividends.
How many shares outstanding does BRKD have?
Currently, no data Available
Which hedge fund is a major shareholder of BRKD?
Currently, no hedge funds are holding shares in BRKD