Direxion Daily Emerging Markets Bull 3X Shares
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
148% more call options, than puts
Call options by funds: $4.73M | Put options by funds: $1.9M
67% more capital invested
Capital invested by funds: $8.99M [Q2] → $15M (+$6.03M) [Q3]
9.13% more ownership
Funds ownership: 10.27% [Q2] → 19.39% (+9.13%) [Q3]
21% less funds holding
Funds holding: 24 [Q2] → 19 (-5) [Q3]
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Research analyst outlook
We haven’t received any recent analyst ratings for EDC.
Financial journalist opinion
Neutral
ETF Trends
3 weeks ago
Emerging Market Bulls Look Ready, But Bears Are Skeptical
The United States and other developed markets have been making investors think twice about emerging markets (EM), but bulls look primed to run. On the other hand, bears are skeptical, especially given the current strength in U.S. stocks.
Positive
ETF Trends
3 months ago
Interest in Emerging Markets Growing Ahead of Rate Cuts
With U.S. Federal Reserve rate cuts looming, emerging markets (EM) are garnering interest from capital markets. This gives traders various options when looking at profitable opportunities in the EM space.
Positive
ETF Trends
3 months ago
Build Off Future EM Growth With This Leveraged ETF
Looming interest rate cuts instituted by the Federal Reserve should help prop up emerging markets (EM) in the short-term horizon. However, the long-term case is also erring on the side of bullishness, offering opportunities in leveraged, EM-focused exchange-traded funds.
Positive
ETF Trends
5 months ago
EM Bond Market Pushing Equities Higher
The expectation of rate cuts is fueling news-sensitive trades in equities, and also in bonds. In turn, the market for emerging markets (EM) bonds could signal more strength for equities.
Positive
ETF Trends
5 months ago
Bullish Emerging Markets ETF Up Despite Dollar Headwinds
An unexpectedly stronger dollar is applying downward pressure on emerging market (EM) growth. But the Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) isn't budging.
Negative
ETF Trends
6 months ago
Fading Optimism in Emerging Markets Can Fuel This ETF
The eventual loosening of monetary policy by the Federal Reserve was fueling a rally in emerging markets (EM). But fading optimism due to weak corporate earnings could continue fueling inverse EM ETFs.
Positive
ETF Trends
6 months ago
3 Ways Leveraged ETFs Help Traders Navigate Markets
Navigating capital markets requires intangible tools like intuition, mental acuity, and even a bit of luck. Then comes the tangible tools to maximize profit, like leveraged ETFs, which can help traders in a variety of ways.
Positive
ETF Trends
8 months ago
AI Investment Theme Extending Beyond U.S. Borders
There's no question that artificial intelligence (AI) has been one of the prevailing themes in the 2024 market rally. This has only expanded from last year.
Positive
ETF Trends
8 months ago
Global Equities Are Playing Follow the Leader
The S&P 500 continues to make a steady, relatively linear climb en route to more gains as the index is up over 10% for the year. Global equities are playing a high-stakes game of follow the leader as their respective major indexes rise alongside the S&P 500.
Positive
ETF Trends
9 months ago
This China ETF Could Be Signaling That Bulls Are Back
Up just over 14% within the past month, the performance of the Direxion Daily FTSE China Bull 3X ETF (YINN) could be signaling that bulls are back in China equities.
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