Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ)
Direxion Daily MSCI Emerging Markets Bear 3X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $15.16, down 4.59% on the session, giving a market capitalisation of $18.0M. Its beta of -2.13 implies it has historically moved less than the broad market.
The Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) is structured to deliver daily investment outcomes that reflect three times the inverse (or opposite) performance of the MSCI Emerging Markets Index. This target is measured before accounting for any fees or expenses. Investors should be aware, however, that there is no certainty these funds will consistently achieve their stated daily investment objectives.
Direxion Daily MSCI Emerging Markets Bear 3X ETF is most often compared with the following Financial Services names: