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

NYSEARCA: EDZ · IEX Real-Time Price · USD
13.84
-0.08 (-0.57%)
At close: Sep 27, 2023, 4:00 PM
13.80
-0.04 (-0.29%)
Pre-market: Sep 28, 2023, 4:39 AM EDT
-0.57%
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 Page

The 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.

Asset Class Equity
Category Trading--Inverse Equity
Region Emerging Markets
Stock Exchange NYSEARCA
Ticker Symbol EDZ
ETF Provider Direxion
Index Tracked MSCI Emerging Markets

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
Full Dividend History

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.

Other symbols: INDL
7 days ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 08/06/2023

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

7 weeks ago - ETF Trends

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...

Other symbols: YANG
2 months ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 06/25/2023

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: DRVFXPSOXSYANGZSL
3 months ago - ETF Trends

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.

4 months ago - ETF Trends

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).

Other symbols: EDC
5 months ago - ETF Trends

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...

10 months ago - ETF Trends

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...

Other symbols: KORU
11 months ago - ETF Trends

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.

Other symbols: YANG
11 months ago - ETF Trends

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...

Other symbols: EDOGEEVEMQQ
11 months ago - ETF Trends

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)...

Other symbols: EDC
1 year ago - ETF Trends

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...

1 year ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 07/17/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: BOILBZQDUSTFXPWEBSYANG
1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 03/13/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: WEBSFXPSQQQSZKTMVYXI
1 year ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 02/27/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

1 year ago - ETF Trends

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...

Other symbols: EDC
1 year ago - ETF Trends

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...

Other symbols: EDC
2 years ago - ETF Trends

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.

Other symbols: LABD
3 years ago - Benzinga

Brazilian Stocks Dive Amid Shock Resignation

Brazilian stocks face both economic and political challenges in the months ahead. Explore these three tactical shorting plays.

Other symbols: BZQITUB
3 years ago - Investopedia