EDC - Direxion Daily MSCI Emerging Markets Bull 3X Shares
87.93 +0.41 (0.47%)
After hours: 7:18PM EDT
| Previous Close | 86.95 |
| Open | 86.50 |
| Bid | 0.00 x 800 |
| Ask | 86.85 x 1000 |
| Day's Range | 86.17 - 87.75 |
| 52 Week Range | 55.46 - 121.57 |
| Volume | 180,266 |
| Avg. Volume | 250,479 |
| Net Assets | 241.45M |
| NAV | 86.85 |
| PE Ratio (TTM) | N/A |
| Yield | 0.68% |
| YTD Return | 39.31% |
| Beta (3Y Monthly) | 2.36 |
| Expense Ratio (net) | 1.47% |
| Inception Date | 2008-12-17 |
- ETF Database•14 days ago
Return of Volatility is a Beautiful Thing to Traders
When volatility rears its ugly head as it did on Tuesday with the Dow Jones Industrial Average falling as much as 200 points, this can be a beautiful thing to the short-term trader. Direxion Investments’ leveraged and inverse products, in particular, have given investors access to an investment space that was typically relegated to only high-net worth individuals or institutions.
- ETF Trends•14 days ago
The Return of Volatility is a Beautiful Thing to Traders
Direxion Investments' leveraged and inverse products, in particular, have given investors access to an investment space that was typically relegated to only high-net worth individuals or institutions. With the transparency and liquidity of an ETF wrapper that incorporates multiple hedge fund strategies, Direxion opens up the arena to all types of investors irrespective of net worth. Jablonski cites education as a prime catalyst for investors no longer buying and holding the short-term trading products and rather, using them for what they're intended to do.
- ETF Trends•5 months ago
90-Day Tariff Ceasefire Sends Leveraged Emerging Markets ETF Soaring
Emerging markets got bolstered on Monday as U.S. President Donald Trump and Chinese president Xi Jinping ceased fire on their tariff-for-tariff battle, agreeing to a 90-day truce to ameliorate their differences on trade. Emerging markets, in particular, have felt the pangs of the trade wars between the U.S and China, causing a negative ripple effect into EM ETFs, such as the Vanguard FTSE Emerging Markets ETF (VWO) --down 15.89% YTD, iShares Core MSCI Emerging Markets ETF (IEMG) --down 16.25% YTD and iShares MSCI Emerging Markets ETF (EEM) --down 16.34% YTD. On Monday, VWO climbed 2%, IEMG rose 2.2%, EEM ticked 2.03% higher, and as such, Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC) joined the party with a gain of 6.46% as of 2:00 p.m. ET.
- Zacks•5 months ago
Best Leveraged/Inverse ETFs of November
Investors seek to magnify returns on quick market turn and register big gains in a short span. As such, we have highlighted five leveraged/inverse ETFs that crushed the market in November with abnormal returns.
- Market Realist•6 months ago
Should Investors Be Interested in Emerging Markets?
(Continued from Prior Part)Direxion Emerging Markets May Be Set Up to Take the Spotlight from the United States
- Harvest Exchange•6 months ago
Tectonic Shifts Coming to Emerging Markets
Turkey is experiencing a breathtaking post-devaluation current account reversal. The International Monetary Fund (IMF) is toning down its optimism on the global economy in general and emerging markets in particular. We are at the IMF meetings in ...
- Benzinga•7 months ago
Traders Tempt Fate With This Emerging Markets ETF
Emerging markets assets are struggling this year, a fact confirmed by a year-to-date loss of more than 9 percent for the widely followed MSCI Emerging Markets Index. Negative anecdotes for emerging markets ...
- Harvest Exchange•8 months ago
The Long View: Notes from the Road in India
The Edinburgh-based Global Emerging Markets team recently visited Mumbai as part of a trip through India, Sri Lanka and the Middle East. Mumbai is the second-most populous city in India behind New Delhi, according to the United Nations. It has become ...
- Benzinga•8 months ago
This ETF Loves Turkish Turmoil
The 11 percent slide iShares MSCI Turkey ETF (NASDAQ: TUR ) took on Monday had a sequel on Friday's open, slumping another 5 percent. The volume from the initial sell off was more than 12 times the daily ...
- Harvest Exchange•9 months ago
The Short- and Long-Term Fate of Emerging Markets
On last week’s “Behind the Markets” podcast, we showcased two conversations—in the first segment, we reviewed the global markets and the outlook for monetary policy and currencies with Marc Chandler of Brown Brothers Harriman. I was also fortunate ...
- ETF Trends•9 months ago
Trade Wars Spotlight Leveraged China ETFs
Amid escalating trade tensions between the U.S. and China, the world's two largest economies, Chinese stocks and the related US-listed ETFs are slumping. China’s purchasing manager index readings for June already revealed a gauge of export orders falling, which suggested that the trade war is already impeding growth. Risk-tolerant traders may want to consider the Direxion Daily FTSE China Bull 3X ETF (YINN) and Direxion Daily FTSE China Bear 3X ETF (YANG) .
- ETF Trends•10 months ago
China ETFs to Use For Bearish and Bullish Plays
While it's no question that the trade wars between the U.S. and China have been roiling the markets for both respective economic superpowers, China ETF traders will often have to wait and see how the market reacts in order to play the bull or bear, but Direxion Investments offers ETFs that allow traders to play both sides. Direxion offers the Direxion Daily FTSE China Bull 3X ETF (YINN) and Direxion Daily FTSE China Bear 3X ETF (YANG) to allow China ETF traders to be in the thick of the markets whether they decide to go long or short. Today marked the official day that U.S. President Donald Trump's administration began imposing tariffs on as much as 25 percent on $34 billion in Chinese imports.
- Benzinga•10 months ago
Emerging Markets Bears Prowling With This ETF
The widely followed MSCI Emerging Markets is flirting with a year-to-date loss of 9.40 percent. On Thursday, 16 emerging markets exchange traded funds hit 52-week lows. That could present a good opportunity ...
- Harvest Exchange•11 months ago
361 Capital Weekly Research Briefing: Thinner Air...
May 14, 2018 Market risk remains elevated up here as U.S. interest rate increases put further pressure on all other asset prices. While equity markets moved higher last week providing some calm in the world, Emerging Market currencies remained highly ...
- Harvest Exchange•11 months ago
Want Sustainable Income? Spread Your Risk Around
MAY 11, 2018 Investors often say they’re worried about having too much high-yield bond exposure so late in the credit cycle. But many are still chasing returns in equities and other assets with even higher risk. We’ve got a better idea. Don’t get us ...
- Benzinga•11 months ago
Which Sectors Have Been The Most Popular Among Short-Term Traders In 2018?
Looking at the year-to-date fund flows of Direxion ETFs, the largest issuer of leveraged ETFs, the Direxion Daily Financial Bull 3x Shares (NYSE: FAS) has had $227.78 million of inflows in 2018, making it the Direxion fund with the most growth this year. Interestingly, the Direxion Daily S&P 500 Bull 3x Shares (NYSE: SPXL) has had $217.56 million of inflows this year, making it the second most popular of Direxion’s 70 leveraged ETFs. “If you look at 2017, the growth flow we had in our S&P products for the entire year, we’ve had more than half of that amount in the first few months of this year,” said Sylvia Jablonski, managing director of Direxion.
- Harvest Exchange•last year
Emerging Market Renewables Charging Ahead
Developed markets have long been leaders in renewable power generation, but data suggests they will soon be overtaken by emerging markets. Today, emerging economies total installed capacity of wind and solar is 307 gigawatts and 272 gigawatts, ...
