EDZ - Direxion Daily MSCI Emerging Markets Bear 3X Shares

NYSEArca - Nasdaq Real Time Price. Currency in USD
51.51
-1.63 (-3.07%)
As of 11:08AM EDT. Market open.
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Previous Close53.14
Open52.05
Bid51.63 x 800
Ask51.67 x 900
Day's Range51.43 - 52.42
52 Week Range38.50 - 73.30
Volume82,108
Avg. Volume241,308
Net Assets65.37M
NAV53.11
PE Ratio (TTM)N/A
Yield1.21%
YTD Return-16.58%
Beta (3Y Monthly)-2.06
Expense Ratio (net)1.09%
Inception Date2008-12-17
Trade prices are not sourced from all markets
  • ETF Trends6 days ago

    5 Leveraged 3X ETFs Thrived Last Week Amid Trade War Volatility

    If the U.S.-China trade wars taught investors anything last week, it’s the notion that it’s profitable to be a bear. Gains were had for inverse exchange-traded funds (ETFs) of the leveraged variety. China ...

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  • ETF Trends3 months 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 Trends6 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.

  • Investopedia6 months ago

    Emerging Markets: Emerging Short Opportunity?

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  • ETF Trends7 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
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  • ETF Trends7 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.

  • Benzinga8 months ago

    Traders Tempt Fate With This Emerging Markets ETF

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  • Inverse EM ETFs to Gain as Currency Turmoil Deepens
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    Inverse EM ETFs to Gain as Currency Turmoil Deepens

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  • ETF Trends9 months ago

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  • Benzinga9 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
    Zacks9 months ago

    Profit From Turkish Turmoil With These Global Inverse ETFs

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  • ETF Trends10 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 Trends10 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.

  • Benzinga10 months ago

    Emerging Markets Bears Prowling With This ETF

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  • ETF Trends11 months ago

    ETFs to Capitalize on Emerging Markets’ Misery

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  • ETF Trends11 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.

  • InvestorPlacelast year

    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.