Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ)
| Assets | $24.16M |
| Expense Ratio | 1.07% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $0.41 |
| Dividend Yield | 2.93% |
| Ex-Dividend Date | Sep 19, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -27.99% |
| Volume | 179,144 |
| Open | 13.70 |
| Previous Close | 13.92 |
| Day's Range | 13.65 - 14.03 |
| 52-Week Low | 10.04 |
| 52-Week High | 22.17 |
| Beta | n/a |
| Holdings | 5 |
| 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 |
|---|---|---|
| 2023-09-19 | $0.12891 | 2023-09-26 |
| 2023-06-21 | $0.12436 | 2023-06-28 |
| 2023-03-21 | $0.1522 | 2023-03-28 |
| 2020-03-24 | $0.086 | 2020-03-31 |
| 2019-12-23 | $0.08254 | 2019-12-31 |
| 2019-09-24 | $0.14423 | 2019-10-01 |
News
Despite Fund Managers Exiting Emerging Markets Assets, Opportunities Exist
Fund managers have been avoiding emerging markets (EM), especially when it comes to China. However, that doesn't mean there aren't opportunities that exist.
U.S. Strength Puts Pressure on International Equities
Anticipation that less rate hikes should lead to a stronger dollar doesn't quite bode well for international equities. Additionally, history is on the side of U.S. equities, paving the way for inverse...
More Downward Pressure Could Push Emerging Markets Lower
2023 isn't getting any easier for emerging markets (EM) traders. Downward pressure could continue for the EM space, which opens opportunities for bearish traders.
Shorts Are Re-Emerging in Emerging Markets
Bullish energy was abound at the start of the year with the re-opening of China's economy. However, short sellers are re-emerging, putting bearish pressure on emerging markets (EM).
S&P Global Sees More Weakness for Emerging Markets in 2023
The market landscape for emerging markets (EM) in 2022 has been skewed towards the downside amid rising global inflation and a stronger dollar. It doesn't look like the pain will be subsiding soon, ac...
Consumer Spending is Giving South Korea's Economy a Boost
Finding opportunities in emerging markets (EM), especially in the current environment, can be like finding a needle in a haystack. Thankfully, South Korea is one of those countries, making the task mu...
2 Inverse ETFs to Consider as Emerging Markets Exhibit More Weakness
With a macroeconomic event like global inflation, it could benefit traders to rely on their notions that what's happening domestically is also hitting other countries abroad.
As Major Banks Debate EM, Follow EM Equities ETFs
Emerging Markets have picked up analyst interest this week as markets hunger to build on a mini-rally on the stock market that may or may not have already digested rising rates and recessionary headwi...
This Emerging Markets Bear ETF Is Up Over 100% YTD
It's been a perfect storm for bearish traders investing in emerging markets (EM). A strong dollar amid rising global inflation has been a major catalyst in helping inverse exchange traded funds (ETFs)...
Bearish Emerging Markets ETF Is Up Almost 50% This Year
The headwinds continue to blow for emerging markets amid a rising dollar and now a more hawkish Federal Reserve after its latest comments on more rate hikes to come. As such, the Direxion Daily MSCI E...
Outflow From EM Bonds Could Translate to Strength for EDZ
A strong dollar and rising global inflation have hit emerging market (EM) equities with a two-punch combination thus far in 2022. This combination is also translating into weakness in the EM bond mark...
Emerging Markets Headwinds Could Propel This ETF Higher
Emerging markets (EM) assets could continue to see downward pressure from a confluence of market conditions. Rising global inflation paired with a rising dollar could present continued headwinds for E...
Emerging Market Bears Are Winning the YTD Trade
Emerging markets (EM) have been getting their fair share of headwinds given the rising U.S. dollar amid the Federal Reserve's rate hiking agenda in order to keep inflation in check. As such, bears hav...
Can Emerging Markets Stage a 2022 Comeback?
The pandemic and a rising dollar were more than enough to keep emerging markets from having a positive 2021 in a year of recovery. “After their worst decade since the 1930s, emerging stock markets con...
What's Your Emerging Markets Position? ETFs to Play Both Sides
Looking at the 10-year history of the MSCI Emerging Markets index reveals a number of peaks and valleys over the years. While a long-term investor with a low risk tolerance might look the other way, t...
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.