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Direxion Daily NVDA Bear 1X Shares NVDD

Is Direxion Daily NVDA Bear 1X Shares ETF Halal?

Shariah Compliance Analysis of NVDD ETF

No. As of October 2026, Direxion Daily NVDA Bear 1X Shares (NVDD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

NVDD was created on 2023-09-13 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. NVDD provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock.

NVDD Shariah Compliance

As of October 2026, Direxion Daily NVDA Bear 1X Shares is classified as not halal.

NOT HALAL

Direxion Daily NVDA Bear 1X Shares (NVDD) Chart

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