NYSEARCA:EDZ

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

$10.42
-0.38 (-3.52%)
(As of 04/26/2024 ET)
Today's Range
$10.42
$10.55
50-Day Range
$9.92
$11.60
52-Week Range
$9.89
$15.64
Volume
43,051 shs
Average Volume
134,650 shs
Market Capitalization
$21.88 million
Assets Under Management
$19.76 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

Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Direxion Daily MSCI Em Mkts Bear 3X ETF (EDZ)
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
See More Headlines
Receive EDZ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Direxion Daily MSCI Emerging Markets Bear 3X Shares and its competitors with MarketBeat's FREE daily newsletter.

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
8

Fund Statistics

Assets Under Management
$19.76 million
Average Daily Volume
$106,408.10
Discount/Premium
-0.01%
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
48
Put Options
2
Call Options
46
Short Interest
105,000 shs

Miscellaneous

Beta
-2.64
Creation Unit
50,000
Creation Fee
$250.00
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

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%-0.55%-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 4.9% and is now trading at $10.42.
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 $19.76 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?

Shares of Direxion Daily MSCI Emerging Markets Bear 3X Shares reverse split on the morning of 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 market closes 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 4/27/2024 by MarketBeat.com Staff

From Our Partners