EDC - Direxion Daily MSCI Emerging Markets Bull 3X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
74.84
+1.24 (+1.68%)
At close: 4:00PM EST
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Previous Close73.60
Open74.87
Bid74.89 x 900
Ask75.28 x 800
Day's Range74.46 - 75.22
52 Week Range56.28 - 90.26
Volume97,467
Avg. Volume166,468
Net Assets190.22M
NAV74.91
PE Ratio (TTM)N/A
Yield1.21%
YTD Daily Total Return20.70%
Beta (3Y Monthly)2.67
Expense Ratio (net)1.47%
Inception Date2008-12-17
  • ETF Trends

    The Proliferation of Cashless Payments Could Propel “EMQQ” ETF

    This trend, especially in emerging markets (EM) can fuel EM-focused funds like the Emerging Markets Internet & Ecommerce ETF (EMQQ) . One of the leading purveyors in cashless payments is China. “Visitors to China will quickly observe that the country is rapidly transforming into a cashless society,” the fund noted in an email.

  • ETF Trends

    Does China’s “Currency Manipulator” Status Put Emerging Markets in Play?

    China was given the unfortunate moniker of "currency manipulator" by the U.S. Treasury after the department accused Beijing of influencing the exchange rate between the yuan and the U.S. dollar in order to gain an “unfair competitive advantage in international trade.” Does this latest development put emerging markets in play? "Not to be outdone in the latest round of trade 'discussions,' the U.S. slapped a currency manipulator tag on China, placing it in the jolly good company of Switzerland, Germany, Taiwan, South Korea, Japan, Israel, Sweden and, until recently, the Czech Republic," said EMQQ, an emerging markets fund, in an email. The U.S.-China trade impasse has been heavily discounting a lot of U.S. equities with the latest round of sell-offs, but it's also putting the red tag sale on emerging markets (EM).

  • Day Trading With Leveraged ETFs
    Investopedia

    Day Trading With Leveraged ETFs

    Day trading using leveraged exchange traded funds (ETFs) is a high-risk undertaking but can return profit due to the volatile nature of the trade structure.

  • ETF Database

    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

    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.