FundNYSEARCAEmerging Markets

Direxion Daily MSCI Emerging Markets Bear 3X Shares

EDZ NYSE Arca

The Direxion Daily MSCI Emerging Markets Bear 3X Shares seek daily investment results, before fees and expenses, of 300% of the inverse (or opposite), of the performance of the MSCI Emerging Markets Index℠. This leveraged ETF seeks a return that is -300% the return of its benchmark index for a sing...

14.90USD
−23.26 (−60.95%) 1 Year · close Oct 12

Hover to inspectDrag to measure a move← → to step through days

Fund size
86.3M
as of Feb 2020
Expense ratio
1.12%
per year
Dividend yield
4.06%
Yearly
Volatility · 1Y
74.6%
High Risk
Beta
-2.45
vs the market
52-week range
13.1039.33
01 Performance

How EDZ has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 12
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
+1.6 pts
-60%-40%-20%0% EDZ −59.4% Price −61.0%

Over 1 year, EDZ returned −59.4% with dividends reinvested — dividends added +1.6 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
74.6%High Risk

A typical year sees the price swing about ±75% around its trend.

Drawdown from peak

How far below its previous high the price has been
−66.7%
0%-38%−66.7%

Deepest fall −66.7% on Sep 22, 2026 — 343 days after the previous high
More than 5% below a high 96% of the time.

Market sensitivity

Beta
Market moves+10.0%
EDZ tends to move−24.5%

A beta of -2.45 means EDZ has moved less than the market.

Sharpe ratio -1.63 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
14.90
  • 12-day average14.29 +4.3%
  • 26-day average14.32 +4.0%
  • 50-day average14.71 +1.3%
  • 200-day average22.27 −33.1%

The price is above 3 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought63.5

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Emerging Markets · Inverse — tracking the MSCI Emerging Markets Index℠.

  • Assets under management86.3MUSD
  • Expense ratio1.12%per year
  • Holdings14
  • Risk score8.2High

Launched December 2008. Listed options available. Fund data as of Feb 27, 2020.

05 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield4.06%

About 41 USD a year for every 1,000 USD invested at today's price.

Per share
0.60
Frequency
Yearly
Last paid
Sep 22, 2026

Last 12 months

0.60 USD / share
0.20Dec 230.22Jun 230.18Sep 22
06 Themes

Where EDZ shows up

Curated themes and indices that hold EDZ. Open one to see it in context, or test the whole theme in a portfolio.

07 Profile

About Direxion Daily MSCI Emerging Markets Bear 3X Shares

The Direxion Daily MSCI Emerging Markets Bear 3X Shares seek daily investment results, before fees and expenses, of 300% of the inverse (or opposite), of the performance of the MSCI Emerging Markets Index℠. This leveraged ETF seeks a return that is -300% the return of its benchmark index for a single day

  • Featured in 1 curated theme
  • 14 holdings
Ticker
EDZ
Exchange
NYSE Arca
ISIN
US25460E5472
CUSIP
25460E547
Currency
U.S. Dollar (USD)
Country
USA
Sector
Emerging Markets
Industry
Inverse
Benchmark
MSCI Emerging Markets Index℠
All key statistics

Details

NameDirexion Daily MSCI Emerging Markets Bear 3X Shares
TickerEDZ
ISINUS25460E5472
CUSIP25460E547
ExchangeNYSEARCA
CategoryEmerging Markets
Sub CategoryInverse
CountryUSA
CurrencyU.S. Dollar
Inception DateDec 30, 2008
BenchmarkMSCI Emerging Markets Index℠

Shareas of Oct 12, 2026

Close Price USD14.90
52W Low / High 13.10 / 39.33
1Y Total Return-59.37%
Subpar
1Y Volatility73.20%
High Risk
Beta-2.45
12M Dividends0.60426
Last Dividend DateSep 22, 2026
Dist. FrequencyYearly
Dividend Yield4.06%

Dataas of Feb 27, 2020

AUM86 M
Discount/Premium-0.245%
NAV43.26
Shares Outstanding2.0 M
Volume 20D Avg1.1 M
Nbr of Holdings14
Risk RankHigh
Net Expense1.120%
Options availableYes
Next step

Put EDZ to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test EDZ in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.