Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ)
| Assets | $13.82M |
| Expense Ratio | 1.61% |
| PE Ratio | n/a |
| Shares Out | 2.80M |
| Dividend (ttm) | $0.30 |
| Dividend Yield | 5.62% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 220,546 |
| Open | 5.36 |
| Previous Close | 5.46 |
| Day's Range | 5.34 - 5.40 |
| 52-Week Low | 5.21 |
| 52-Week High | 11.61 |
| Beta | -1.89 |
| Holdings | 4 |
| Inception Date | Dec 17, 2008 |
About EDZ
Fund Home PageThe Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x inverse exposure to a market-cap-weighted index of companies operating in emerging markets. EDZ was launched on Dec 17, 2008 and is issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.06227 | Jul 1, 2025 |
| Mar 25, 2025 | $0.10332 | Apr 1, 2025 |
| Dec 23, 2024 | $0.02995 | Dec 31, 2024 |
| Sep 24, 2024 | $0.10557 | Oct 1, 2024 |
| Jun 25, 2024 | $0.12798 | Jul 2, 2024 |
| Mar 19, 2024 | $0.18079 | Mar 26, 2024 |
Performance
EDZ had a total return of -35.20% in the past year, including dividends. Since the fund's inception, the average annual return has been -38.43%.
News
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
EM Central Banks: More Easing In The Cards?
Emerging markets have taken solace in the view that the U.S. hiking cycle is over, helping deliver strong returns in 2023. Slowing global inflation has been due to sharply lower core goods inflation, ...
Emerging Markets Conclude 2023 On Better Note Than Developed Markets
Emerging markets will also be looking closely at economic conditions in mainland China, which will be a key determinant of broader emerging market growth in 2024. A key reason for diverging emerging a...
Emerging Markets Insights: From BRICS To BRICS+
The opportunity set is wide and growing wider in emerging markets, according to Franklin Templeton Emerging Markets Equity. The BRICS summit in South Africa in August announced the expansion of the gr...
Emerging Markets Funds See Top 10 Weekly Outflow On Record
Emerging Markets Funds are made up of funds that seek long-term capital appreciation. Nigeria and Emerging Markets Europe have been the two areas that have seen the highest year-to-date and May return...
Emerging Markets Insights: Emerging Market Banks Are Resilient
The liquidity crisis impacting selected developed market banks has unnerved emerging market investors. Markets have recovered from the turmoil following the liquidity crisis impacting some banks in th...
Largest Market Topping Signal Since August As Fed Considers 50 Bps Rate Hike
February 21st triggered the first negative market signal in 2023 and the largest negative signal since August 2022. The last time the Momentum Gauges® turned negative from the highest peak positive le...
Emerging Markets Equities: Positioned For A Rebound?
In an economic downturn, higher-growth EM stocks that have derated and have strong and stable earnings could outperform, in our opinion. In China, we are cautiously positive on possible policy changes...
Emerging Market Equities - Why Now?
Emerging markets remain resilient despite headwinds, but many investors have shied away from the asset class. We believe emerging markets are better positioned to weather current challenges versus dev...
Portfolio Capital Flows To Emerging Markets Amid The Pandemic
Among the most notable economic responses to the COVID-19 pandemic has been the turnaround in capital flows to emerging markets. A sudden reversal in portfolio flows of over $100 billion to these coun...
Emerging Markets Rally As Economies Reopen In The Second Quarter
EM equities rebounded in the second quarter, though they lagged developed market stocks.
3 Bearish ETFs To Profit Bullish Counterparts With Elevated Short Interest
It's not just stocks that are made for shorting. Plenty of traders tap exchange-traded funds on the bearish side of things and do so for a variety of reasons.
Brazilian Stocks Dive Amid Shock Resignation
Brazilian stocks face both economic and political challenges in the months ahead. Explore these three tactical shorting plays.