Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ)

42.84
Delayed Data
As of May 22
 -0.46 / -1.06%
Today’s Change
33.35
Today|||52-Week Range
76.00
-5.43%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 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- in combination- provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). 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. The fund is non-diversified.

No recent news for Direxion Daily MSCI Emerging Markets Bear 3X Shares.

Performance

1 month+4.06% 3 years-31.59%
3 months+10.79% 5 years-28.86%
1 year-42.56% Since inception-46.62%
Data through 05/23/2018

Quote Details

Previous close$43.30
Open day’s range42.16 – 42.98
Net asset value (NAV)42.81 (05/22/2018)
Daily volume188,731
Average volume (3 months)322,888
Data as of 3:59pm ET, 05/22/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 EDZCategory
Performance 5-yr return-28.86%-29.79%
Expense Gross exp ratio1.16%1.94%
Risk 5 year sharpe ratio-0.57--
Net assets$69.1M$3.4M
Average market cap--$14.8B
Average P/E--16.1
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
SPXU ProShares UltraPro Short S&P500

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.