EDZ icon

Direxion Daily Emerging Markets Bear 3x Shares

8.92 USD
+0.01
0.11%
At close Dec 20, 4:00 PM EST
After hours
8.97
+0.05
0.56%
1 day
0.11%
5 days
6.32%
1 month
3.84%
3 months
3.48%
6 months
-2.73%
Year to date
-21.96%
1 year
-27.36%
5 years
-73.94%
10 years
-95.22%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2,555% more call options, than puts

Call options by funds: $876K | Put options by funds: $33K

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

7.62% less ownership

Funds ownership: 23.55% [Q2] → 15.94% (-7.62%) [Q3]

17% less funds holding

Funds holding: 12 [Q2] → 10 (-2) [Q3]

48% less capital invested

Capital invested by funds: $4.15M [Q2] → $2.15M (-$2M) [Q3]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

Research analyst outlook

We haven’t received any recent analyst ratings for EDZ.

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.
Emerging Market Bulls Look Ready, But Bears Are Skeptical
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.
Interest in Emerging Markets Growing Ahead of Rate Cuts
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.
Build Off Future EM Growth With This Leveraged ETF
Negative
ETF Trends
4 months ago
Emerging Markets Slump Props Up This Leveraged ETF
Higher-for-longer interest rates are causing bears to jump back into emerging markets (EM) as a stronger dollar continues to push back against a rally. The Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) has been a beneficiary of the recent slump.
Emerging Markets Slump Props Up This Leveraged ETF
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.
Bullish Emerging Markets ETF Up Despite Dollar Headwinds
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.
Neutral
ETF Trends
6 months ago
Top Performing Leveraged/Inverse ETFs: 06/02/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 06/02/2024
Neutral
ETF Trends
6 months ago
Bullish & Bearish Opportunities Arising in Emerging Markets
Emerging markets can offer traders the ability to play off strength outside U.S. borders. With leveraged ETFs, there are both bullish and bearish opportunities to ponder.
Bullish & Bearish Opportunities Arising in Emerging Markets
Positive
Seeking Alpha
9 months ago
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
Neutral
Seeking Alpha
10 months ago
EM Central Banks: More Easing In The Cards?
Emerging markets have taken solace in the view that the U.S. hiking cycle is over, helping deliver strong returns in 2023. Slowing global inflation has been due to sharply lower core goods inflation, while service prices have remained stickier.
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