EDZ - Direxion Daily MSCI Em Mkts Bear 3X ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
47.07
+0.25 (+0.53%)
At close: 4:00PM EST
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Previous Close46.82
Open46.99
Bid0.00 x 1200
Ask0.00 x 1300
Day's Range46.97 - 47.55
52 Week Range38.42 - 214.50
Volume159,434
Avg. Volume253,149
Net Assets65.61M
NAV46.86
PE Ratio (TTM)N/A
Yield0.92%
YTD Return-21.64%
Beta (3Y Monthly)-2.41
Expense Ratio (net)0.99%
Inception Date2008-12-17
Trade prices are not sourced from all markets
  • ETF Trends7 days ago

    Wary of an Emerging Market Pullback? There Are ETFs for That

    The emerging markets have been outperforming, but some prominent Wall Street banks are issuing a word of caution if the risk-on sentiment suddenly sours. Investors who are wary of any potential risks can look to bearish or inverse exchange traded funds to hedge their developing market bets. After the quick rebound to start off the new year, Societe Generale SA, Bank of America Corp. and Wells Fargo & Co. are warning that there might not be much value left in developing nations, pointing toward potential pitfalls ahead, Bloomberg reports.

  • ETF Trends3 months ago

    5 ETFs to Be Thankful for This Year-to-Date

    Thanksgiving week didn't get started with much to be thankful for on Monday as volatility decided to crash the pre-Turkey Day festivities, but with still three market sessions left in this short week, a rally could be brewing. The S&P 500 and Nasdaq Composite didn't fare much better with both falling 45 points and over 200 points, respectively. “People put a lot of faith in tech companies to drive the markets higher, and to the extent that’s not happening, that’s very disappointing,” said Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance.

  • Investopedia3 months ago

    Emerging Markets: Emerging Short Opportunity?

    Emerging markets have faced significant head winds in 2018. Explore three inverse ETFs to bet against these markets.

  • ETF Trends4 months ago

    Leveraged ETF Continues to Benefit as Emerging Markets Sell-Off Deepens

    Last week's sell-off in U.S. equities is spilling over into the emerging markets space, leaving investors to wonder when the strategy for value-hunting in EM turns into outright avoidance. One ETF that has been benefitting from EM's unceremonious fall from its rise in 2017 is the Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) . EDZ seeks daily investment results that equal 300% of the inverse of the daily performance of the MSCI Emerging Markets IndexSM. The index is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalizations securities across the 24 emerging market countries.

  • 7 Leveraged/Inverse ETFs Off to a Strong Start in October
    Zacks4 months ago

    7 Leveraged/Inverse ETFs Off to a Strong Start in October

    The leveraged and inverse leveraged space has grabbed investors' attention at the start of October in order to magnify returns on quick market turns.

  • ETF Trends4 months ago

    Leveraged Emerging Markets ETF Spikes on Rising U.S. Treasury Yields

    While emerging markets have been roiled by ongoing trade wars this year, they've only been exacerbated by surging U.S. Treasury yields as of late with the benchmark yields rising beyond the 3% level, taking investor attention away from equities and bonds from abroad. EDZ seeks daily investment results that equal 300% of the inverse of the daily performance of the MSCI Emerging Markets IndexSM. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short leveraged exposure to the index, which is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalizations securities across the 24 emerging market countries.

  • Benzinga5 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 ...

  • Inverse EM ETFs to Gain as Currency Turmoil Deepens
    Zacks5 months ago

    Inverse EM ETFs to Gain as Currency Turmoil Deepens

    The downtrend in emerging market ETFs has been persistent even in September. Inverse EM ETFs can be good bets as of now.

  • ETF Trends6 months ago

    Best Alternative ETFs to Hedge Growing Emerging Market Concerns

    Some of the world’s largest money managers are concerned that President Donald Trump could escalate his trade stance and throw the emerging markets into greater turmoil. Nevertheless, investors who concerned ...

  • Benzinga6 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 ...

  • Profit From Turkish Turmoil With These Global Inverse ETFs
    Zacks6 months ago

    Profit From Turkish Turmoil With These Global Inverse ETFs

    Gain from the widespread selloff in the global market owing to Turkey issues with these inverse ETFs.

  • ETF Trends7 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 Trends7 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.

  • Benzinga7 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 ...

  • ETF Trends7 months ago

    ETFs to Capitalize on Emerging Markets’ Misery

    Reversing their good fortunes from last year, the emerging markets have been among the worst performing areas of the global markets this year. However, exchange traded funds that take a bearish bet on ...

  • 5 Best Performing Leveraged/Inverse ETFs of June
    Zacks8 months ago

    5 Best Performing Leveraged/Inverse ETFs of June

    Thanks to heightened volatility and uncertainty, the leveraged and inverse leveraged space have grabbed maximum investor attention in June.

  • ETF Trends8 months ago

    Rising Dollar Could Keep Pressure on EM ETFs

    The U.S. dollar may have more room to run, potentially weighing on emerging markets and related exchange traded funds. Over the past three months, the Vanguard FTSE Emerging Markets ETF (VWO) and the iShares Core MSCI Emerging Markets ETF (IEMG) , the two most popular and largest EM-related ETFs on the market, dipped 4.9% and 4.1%, respectively. Meanwhile, the U.S. Dollar Index has strengthened to 93.55, its highest level since the start of the year.

  • InvestorPlace9 months ago

    Consider These 3 Funds if a Global Selloff Arrives

    For example, the MSCI EAFE Index and the MSCI Emerging Markets Index could finish May with losses in excess of 2%. Among emerging markets of concern, even with the benefits of a late-month rally, the Turkish economy will finish May with hefty losses even after the central bank there boosted interest rates in an effort to defend the sagging lira currency. Brazil, one of the largest geographic exposures in the MSCI Emerging Markets Index, entered a new bear market in May amid labor strife and concerns about the country’s presidential election, scheduled for later this year.

  • Direxion Announces Reverse Splits of Five ETFs
    PR Newswirelast year

    Direxion Announces Reverse Splits of Five ETFs

    NEW YORK , Feb. 28, 2018 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Technology Bear 3X Shares, Direxion Daily Energy ...