EDZ Stock Summary and Trading Ideas (Direxion Daily MSCI Emerging Markets Bear 3X | ARCA:EDZ)

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (the "Fund") seeks daily leveraged (3X) investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify the daily performance of the MSCI Emerging Markets IndexSM (the "Index"). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 300% of the performance of the Index for the period. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 300% of the return of the Index for that period. Longer holding periods, higher volatility of the Index and leverage increase the impact of compounding on an investor's returns. During periods of higher Index volatility, the volatility of the Index may affect the Fund's return as much as, or more than, the return of the Index.

Direxion Daily MSCI Emerging Markets Bear 3X trades on the ARCA stock market under the symbol EDZ.

As of March 30, 2026, EDZ stock price climbed to $33.24 with 336,342 million shares trading.

EDZ has a beta of -2.53, meaning it tends to be less sensitive to market movements. EDZ has a correlation of 0.60 to the broad based SPY ETF.

EDZ has a market cap of $31.06 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 $22.63.

EDZ has underperformed the market in the last year with a return of -53.5%, while SPY returned +12.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EDZ shares. However, EDZ has outperformed the market in the last 3 month and 2 week periods, returning -5.3% and +8.8%, while SPY returned -8.2% and -4.3%, respectively. This indicates EDZ has been having a stronger performance recently.

EDZ support price is $30.42 and resistance is $34.50 (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.