Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) Price
Direxion Daily MSCI Emerging Markets Bear 3X ETF Price
Underlying
Direxion Daily MSCI Emerging Markets Bear 3X ETF provides 3X inversedaily exposure to EEM.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
Direxion Daily MSCI Emerging Markets Bear 3X ETF List of Holdings
Frequently asked questions about Direxion Daily MSCI Emerging Markets Bear 3X ETF
Direxion Daily MSCI Emerging Markets Bear 3X ETF is offered by Direxion, a leading player in the field of passive investments.
The ISIN of Direxion Daily MSCI Emerging Markets Bear 3X ETF is US25461H8613.
Direxion Daily MSCI Emerging Markets Bear 3X ETF aims to deliver 3 times the daily return of EEM (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Direxion Daily MSCI Emerging Markets Bear 3X ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like Direxion Daily MSCI Emerging Markets Bear 3X ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
Direxion Daily MSCI Emerging Markets Bear 3X ETF provides 3X daily short/inverse exposure to EEM. When EEM moves +1% in a day, Direxion Daily MSCI Emerging Markets Bear 3X ETF targets approximately 3% (before fees).
The total expense ratio of Direxion Daily MSCI Emerging Markets Bear 3X ETF is 1.47%, which means that investors pay 147.00 USD per 10,000 USD in investment capital annually.
The ETF is listed in USD.
European investors may incur additional costs for currency exchange and transaction fees.
No, Direxion Daily MSCI Emerging Markets Bear 3X ETF does not comply with the EU UCITS investor protection directives.
Direxion Daily MSCI Emerging Markets Bear 3X ETF tracks the performance of the MSCI EM (Emerging Markets).
The current average trading volume of Direxion Daily MSCI Emerging Markets Bear 3X ETF is 254,028.00.
Direxion Daily MSCI Emerging Markets Bear 3X ETF is domiciled in US.
The fund was launched on 12/17/2008.
The Direxion Daily MSCI Emerging Markets Bear 3X ETF mainly invests in Total Market companies.
The NAV of Direxion Daily MSCI Emerging Markets Bear 3X ETF amounts to 14.41 M USD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
Direxion Daily MSCI Emerging Markets Bear 3X ETF