EDZ Direxion Daily Emerging Market Bear (3x) ETF

Seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the price performance of the MSCI Emerging Markets Index.The Index captures large and mid cap representation across emerging market countries. The Index covers approximately 85% of the free float-adjusted market capitalization in each country. The number of countries in the Index can change, as MSCI has a formal process each year to re-evaluate which countries in the world should be classified as an "emerging market". The Index is a market capitalization weighted index.

$13.26  +0.21 (1.61%)
As of 03/24/2023 14:13:25 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     Direxion Funds
Category1:  Global Equity
Category2:  Emerging markets
Category3:  Large and mid cap
Morningstar category:  Trading--Inverse Equity
Leverage factor:  -3.00
Inception date:  12/17/2008
Index tracking method: Passive replication
Current yield:  0.00%
Historical average yield:  0.07%
Market cap:  $30,605,278
Average volume:  304,048
Fees:     1.1200%

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Index Information

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MSCI Emerging Markets Index
Index symbol:  MXEF
Provider:   MSCI
Index weighting:   Market capitalization
Index inception date:  01/01/2001
Backtesting data exists:   Yes
Index factsheet:  Read PDF
Number of holdings:  845  (as of 11/19/2018)