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

ETF Overview

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.

Key Stats

• Today's Range: $7.24 to $7.56
• 50-Day Range: $7.41 to $9.90
• 52-Week Range: $6.57 to $11.70
• Volume: 356,834 shs
• Average Volume: 394,439 shs
• Market Capitalization: $13.84 million
• Assets Under Management: $18.69 million
• Dividend Yield: 5.32%
• Net Expense Ratio: 1.10%
• Aggregate Rating: N/A

EDZ ETF - Frequently Asked Questions

How have EDZ shares performed this year?

Direxion Daily MSCI Emerging Markets Bear 3X Shares' stock was trading at $9.13 at the beginning of the year. Since then, EDZ shares have decreased by 18.1% and is now trading at $7.48.
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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 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.

Who are Direxion Daily MSCI Emerging Markets Bear 3X Shares' major shareholders?

Direxion Daily MSCI Emerging Markets Bear 3X Shares' top institutional shareholders include Virtu Financial LLC (7.99%), SBI Securities Co. Ltd. (1.27%) and Citadel Advisors LLC.

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily MSCI Emerging Markets Bear 3X Shares investors own include Walt Disney (DIS), Pfizer (PFE), QUALCOMM (QCOM), Home Depot (HD), Intel (INTC), Meta Platforms (META) and Netflix (NFLX).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily MSCI Emerging Markets Bear 3X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• 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: 5

Fund Statistics

• Assets Under Management: $18.69 million
• Average Daily Volume: $445,691.50
• Discount/Premium: 0.00%
• 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: 3
• Put Options: 3
• Call Options: 1
• Short Interest: 182,500 shs

Miscellaneous

• Outstanding Shares: 1,850,000
• Beta: -2.73
• Creation Unit: 50,000
• Creation Fee: $250.00