NYSEARCA:EDZ

Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ) Price, Holdings, & News

$10.82
-0.11 (-1.01%)
(As of 04/24/2024 ET)
Today's Range
$10.74
$10.93
50-Day Range
$9.92
$11.60
52-Week Range
$9.89
$15.64
Volume
54,283 shs
Average Volume
137,039 shs
Market Capitalization
$22.72 million
Assets Under Management
$20.76 million
Dividend Yield
4.35%
Net Expense Ratio
1.00%

About Direxion Daily MSCI Emerging Markets Bear 3X Shares

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 managed by Direxion.

EDZ Stock Price History

EDZ ETF News Headlines

The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Direxion Daily MSCI Em Mkts Bear 3X ETF (EDZ)
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily MSCI Emerging Markets Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:EDZ
Inception Date
12/16/2008
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
MSCI Emerging Markets Index
Category
Strategy
Focus
Emerging Markets
Development Level
Emerging Markets
Region
Emerging Markets
Number of Holdings
13

Fund Statistics

Assets Under Management
$20.76 million
Average Daily Volume
$113,217.60
Discount/Premium
-0.03%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
53
Put Options
4
Call Options
49
Short Interest
116,500 shs

Miscellaneous

Beta
-2.64
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily MSCI Emerging Markets Bear 3X Shares Expenses

TypeEDZEmerging Markets ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.74%0.54%0.50%0.51%
Other Expenses0.47%0.48%0.54%0.64%0.58%
Total Expense1.22%1.12%0.70%0.74%0.70%
Fee Waiver-0.22%-0.32%-0.54%-0.68%-0.57%
Net Expense1.00%0.97%0.60%0.58%0.58%

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

Top 5 EDZ Holdings

  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 51.28%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 51.11%
  • ISHARES MSCI EMERGING MARKETS ETF SWAP
    Holding Weight: -56.79%
  • ISHARES MSCI EMERGING MARKETS ETF SWAP
    Holding Weight: -116.03%
  • ISHARES MSCI EMERGING MARKETS ETF SWAP
    Holding Weight: -127.18%

EDZ ETF - Frequently Asked Questions

How have EDZ shares performed in 2024?

Direxion Daily MSCI Emerging Markets Bear 3X Shares' stock was trading at $10.96 at the beginning of the year. Since then, EDZ stock has decreased by 1.3% and is now trading at $10.82.
View the best growth stocks for 2024 here
.

What does EDZ invest in?

Direxion Daily MSCI Emerging Markets Bear 3X Shares is a equity fund issued by Direxion. EDZ focuses on emerging markets investments and follows the MSCI Emerging Markets Index. The fund's investments total to approximately $20.76 million assets under management.

What is the management fee for Direxion Daily MSCI Emerging Markets Bear 3X Shares?

Direxion Daily MSCI Emerging Markets Bear 3X Shares' management fee is 0.75% and has other expenses of 0.47%. However, EDZ has a fee waiver of -0.22% to reimburse the expenses. The net expense ratio for EDZ is 1.00%.

When did Direxion Daily MSCI Emerging Markets Bear 3X Shares' stock split?

Direxion Daily MSCI Emerging Markets Bear 3X Shares shares reverse split on Thursday, March 29th 2018. The 1-5 reverse split was announced on Wednesday, March 28th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, March 28th 2018. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What other stocks do shareholders of Direxion Daily MSCI Emerging Markets Bear 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily MSCI Emerging Markets Bear 3X Shares investors own include Direxion Daily Small Cap Bear 3X Shares (TZA), Verizon Communications (VZ), AbbVie (ABBV), SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL), Bristol-Myers Squibb (BMY), Netflix (NFLX), Direxion Daily Gold Miners Index Bull 2x Shares (NUGT), NVIDIA (NVDA), Pfizer (PFE) and QUALCOMM (QCOM).

How do I buy shares of Direxion Daily MSCI Emerging Markets Bear 3X Shares?

Shares of EDZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:EDZ) was last updated on 4/25/2024 by MarketBeat.com Staff

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