16-Jul-2026
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The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the MSCI Emerging Markets Index (the "Index"). The Index is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalization securities across the following 24 emerging market countries. The Fund, under normal circumstances, invests at least 80% of the Fund's net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the Index or to exchange-traded funds ("ETFs") that track the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically inverse leveraged investment results.
Direxion Daily MSCI Emerging Markets Bear 3X ETF trades on the ARCA stock market under the symbol EDZ.
As of July 16, 2026, EDZ stock price climbed to $17.14 with 96,603 million shares trading.
EDZ has a beta of -3.83, meaning it tends to be less sensitive to market movements. EDZ has a correlation of 0.53 to the broad based SPY ETF.
EDZ has a market cap of $17.73 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, EDZ traded as high as $156.40 and as low as $13.06.
EDZ has underperformed the market in the last year with a return of -64.5%, while the SPY ETF gained +21.5%. In the last 3 month period, EDZ fell short of the market, returning -20.7%, while SPY returned +7.3%. However, in the most recent 2 weeks EDZ has outperformed the stock market by returning +5.7%, while SPY returned +0.8%.
EDZ support price is $15.12 and resistance is $17.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EDZ shares will trade within this expected range on the day.