Direxion Daily PLTR Bear 1X Shares
Data updated: 2026-09-28
C000254083 — Direxion Daily PLTR Bear 1X Shares. Inverse / Short · $35.30M AUM · 0.97% expense ratio. Holdings, fees, performance and SEC filings.
C000254083 Fund Overview
Direxion Daily PLTR Bear 1X Shares is a US mutual fund managed by Direxion Shares ETF Trust, categorised as Inverse / Short. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Direxion Shares ETF Trust
- Category: Inverse / Short
- Assets under management: $35.30M
- 1-year return: 6.1%
- SEC CIK: 0001424958
- SEC series ID: S000088055
- Share class ID: C000254083
C000254083 Investment Objective and Strategy
Direxion Daily PLTR Bear 1X Shares describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Direxion Shares ETF Trust.
Investment objective
The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of PLTR. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.
Principal investment strategy
The Fund, under normal circumstances, invests at least 80% of the Funds net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to PLTR, consistent with the Funds investment objective. Palantir Technologies Inc. is a software company that builds platforms for analyzing large data sets and is used by government agencies, businesses and other international companies and organizations. PLTR is registered under the Securities Exchange Act of 1934, as amended (the Exchange Act). Information provided to or filed with the Securities and Exchange Commission by Palantir Technologies Inc. pursuant to the Exchange Act can be located by reference to the Securities and Exchange Commission file number 001-39540 through the Securities and Exchange Commissions website at www.sec.gov.
In addition, information regarding Palantir Technologies Inc. may be obtained from other sources including, but not limited to, press releases, newspaper articles and other publicly disseminated documents. As of December 31, 2024, PLTR is assigned to the information technology sector and software industry. The Fund will enter into one or more swap agreements with major global financial institutions whereby the Fund and the global financial institution will agree to exchange the return earned on an investment by the Fund in PLTR that is equal, on a daily basis, to -100% of the value of the Fund's net assets. The Adviser attempts to consistently apply leverage to obtain short PLTR exposure for the Fund equal to -100% of the value of its net assets and expects to rebalance the Funds holdings daily to maintain such exposure.
As a result of its investment strategies, the Fund will be concentrated in the information technology sector and the software industry ( i.e ., hold 25% or more of its total assets in investments that provide inverse exposure in the information technology sector and the software industry). The Fund will attempt to achieve its investment objective without regard to overall market movement or the increase or decrease of the value of PLTR. At the close of the markets each trading day, the Adviser rebalances the Funds portfolio so that its exposure to PLTR is consistent with the Funds investment objective. The impact of PLTRs price movements during the day will affect whether the Funds portfolio needs to be rebalanced. For example, if the price of PLTR has fallen on a given day, net assets of the Fund should rise, meaning that the Funds exposure will need to be increased.
Conversely, if the price of PLTR has risen on a given day, net assets of the Fund should fall, meaning the Funds exposure will need to be reduced. This daily rebalancing typically results in high portfolio turnover. On a day-to-day basis, the Fund is expected to hold money market funds, deposit accounts with institutions with high quality (investment grade) credit ratings, and/or short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality (investment grade) credit profiles, including U.S. government securities and repurchase agreements. The terms daily, day, and trading day, refer to the period from the close of the markets on one trading day to the close of the markets on the next trading day. The Fund is non-diversified, under the Investment Company Act of 1940, as amended.
Additionally, the Funds investment objective is not a fundamental policy and may be changed by the Funds Board of Trustees without shareholder approval. The Fund has derived all disclosures contained in this document regarding Palantir Technologies Inc. from the publicly available documents described above. Neither the Fund, the Trust, the Adviser nor any affiliate has participated in the preparation of such documents. Neither the Fund, the Trust, the Adviser nor any affiliate makes any representation that such publicly available documents or any other publicly available information regarding Palantir Technologies Inc. is accurate or complete. Furthermore, the Fund cannot give any assurance that all events occurring prior to the date of the prospectus (including events that would affect the accuracy or completeness of the publicly available documents described above) that would affect the trading price of PLTR have been publicly disclosed.
Subsequent disclosure of any such events or the disclosure of, or failure to disclose, material future events concerning Palantir Technologies Inc. could affect the value of the Funds investments with respect to PLTR and therefore the value of the Fund. Because of daily rebalancing and the compounding of each days return over time, the return of the Fund for periods longer than a single day will be the result of each days returns compounded over the period, which will very likely differ from -100% of the return of the underlying security over the same period. The Fund will lose money if the underlying security performance is flat over time, and as a result of daily rebalancing, the underlying securitys volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying securitys performance decreases over a period longer than a single day.
C000254083 Holdings
Top 4 holdings of Direxion Daily PLTR Bear 1X Shares by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Dreyfus | 63.22% |
| Goldman Financial | 14.07% |
| Goldman Sachs Liq Es Fd A | 13.12% |
| Dreyfus | 7.76% |
C000254083 Portfolio Allocation
Asset-class allocation of Direxion Daily PLTR Bear 1X Shares by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 98.2% |
| Derivatives | 18.1% |
C000254083 Performance
Total returns for C000254083 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 27.0% |
| 1 year | 6.1% |
C000254083 Risk Information
Risk metrics for C000254083, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 49.8%
C000254083 Costs and Fees
C000254083 costs about $97 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.97%
- Gross expense ratio: 0.99%
- Brokerage commissions: 12.32 bps of average net assets (SEC N-CEN)
C000254083 Cashflows
Over the 12 months to 2026-07, Direxion Daily PLTR Bear 1X Shares had net outflows of $31.94M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$8.11M |
| 2026-06 | −$476.07K |
| 2026-05 | $8.72M |
| 2026-04 | $1.64M |
| 2026-03 | −$6.50M |
| 2026-02 | −$8.34M |
C000254083 Debt Constituents
No individual debt constituents are reported in Direxion Daily PLTR Bear 1X Shares's latest SEC N-PORT filing.
C000254083 Prospectus and SEC Filings
Official Direxion Daily PLTR Bear 1X Shares filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Inverse / Short funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.