Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
14.61 USD
+0.29
(2.025%)
⇧
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 14.95 +0.34 (2.298%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:52 a.m. EDT
This instrument is a high-risk leveraged bet on emerging market weakness that is currently under severe pressure. The long-term outlook is dire; the asset has suffered a catastrophic 96% drawdown over the last nine years, with the most recent three years showing consecutive annual losses. This multi-year structural decline suggests the underlying trend is firmly bearish, making any 'value' argument invalid. While the 6.89% yield appears attractive, it is a dangerous trap for income investors, as the payout is likely eroding capital rather than providing sustainable income, especially given the erratic dividend history. Short-term momentum remains negative, trading well below its 50-day and 200-day averages, confirming the downtrend. Options data confirms this pessimism, with traders buying heavy insurance against further drops while offering almost no leverage for a rebound. Avoid this security entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.096019 |
| MSTL | 0.139811 |
| AutoETS | 0.141833 |
| AutoARIMA | 0.147250 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 0.29 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.664 |
| Excess Kurtosis | -0.52 |
| Attribute | Value |
|---|---|
| Trailing P/E | 15.91 |
As of Aug. 22, 2026, 5:52 a.m. EDT: Speculators are aggressively positioning for further declines, evidenced by massive put volume and open interest concentrated deep in-the-money (strikes 26, 30, 45) compared to negligible call activity. Implied volatility is significantly elevated for downside protection, while call buyers are scarce and focused only on near-term strikes.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.46% | 4.05% | 4.34% | 3.03% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.224 | 1.461187 |
| 2026-03-24 | 0.254 | 0.832787 |
| 2025-12-23 | 0.198 | 0.545455 |
| 2025-09-23 | 0.490 | 1.212871 |
| 2025-06-24 | 0.620 | 1.133455 |
| 2025-03-25 | 1.030 | 1.382550 |
| 2024-12-23 | 0.300 | 0.343643 |
| 2024-09-24 | 1.060 | 1.411451 |
| 2024-06-25 | 1.280 | 1.380798 |
| 2024-03-19 | 1.810 | 1.688433 |
| 2023-12-21 | 0.700 | 0.608696 |
| 2023-09-19 | 1.290 | 1.011765 |
| 2023-06-21 | 1.240 | 1.054422 |
| 2023-03-21 | 1.520 | 1.103048 |
| 2020-03-24 | 0.860 | 0.149383 |
| 2019-12-23 | 0.830 | 0.243974 |
| 2019-09-24 | 1.440 | 0.309877 |
| 2019-06-25 | 1.850 | 0.420359 |
| 2019-03-19 | 1.490 | 0.353416 |
| 2018-12-27 | 2.490 | 0.411434 |
| 2018-09-25 | 0.990 | 0.194118 |
| 2018-03-20 | 0.600 | 0.160428 |
| Attribute | Value |
|---|---|
| All Time High | 239,525.0 |
| All Time Low | 8.88 |
| Ask | 15.0 |
| Ask Size | 10,700 |
| Average Daily Volume10 Day | 306,740 |
| Average Daily Volume3 Month | 252,966 |
| Average Volume | 252,966 |
| Average Volume10Days | 306,740 |
| Beta3 Year | -2.23 |
| Bid | 14.01 |
| Bid Size | 10,600 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.71 |
| Day Low | 14.13 |
| Dividend Yield | 6.89 |
| Eps Trailing Twelve Months | 0.918515 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.8388 |
| Fifty Day Average Change | -1.2288008 |
| Fifty Day Average Change Percent | -0.07758168 |
| Fifty Two Week Change Percent | -70.66265 |
| Fifty Two Week High | 51.5 |
| Fifty Two Week High Change | -36.89 |
| Fifty Two Week High Change Percent | -0.7163107 |
| Fifty Two Week Low | 13.06 |
| Fifty Two Week Low Change | 1.5499992 |
| Fifty Two Week Low Change Percent | 0.118682936 |
| Fifty Two Week Range | 13.06 - 51.5 |
| First Trade Date Milliseconds | 1,230,647,400,000 |
| Five Year Average Return | -0.28498408 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.29 |
| Fullday Change Percent | 2.02514 |
| Fullday Price | 14.9458 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,229,472,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. 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 24 emerging market countries. The fund is non-diversified. |
| Long Name | Direxion Daily MSCI Emerging Markets Bear 3X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_51731898 |
| Nav Price | 14.296 |
| Net Assets | 18,347,754.0 |
| Net Expense Ratio | 1.05 |
| Open | 14.22 |
| Phone | 866-476-7523 |
| Post Market Change | 0.33580017 |
| Post Market Change Percent | 2.2984269 |
| Post Market Price | 14.9458 |
| Post Market Time | 1,787,961,411 |
| Previous Close | 14.32 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.29 |
| Regular Market Change Percent | 2.02514 |
| Regular Market Day High | 14.71 |
| Regular Market Day Low | 14.13 |
| Regular Market Day Range | 14.13 - 14.71 |
| Regular Market Open | 14.22 |
| Regular Market Previous Close | 14.32 |
| Regular Market Price | 14.61 |
| Regular Market Time | 1,787,947,185 |
| Regular Market Volume | 154,116 |
| Short Name | Direxion Emerging Markets Bear |
| Source Interval | 15 |
| Symbol | EDZ |
| Three Year Average Return | -0.4967905 |
| Total Assets | 18,347,754 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 15.906109 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -14.77203 |
| Trailing Three Month Returns | -14.77203 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.443 |
| Two Hundred Day Average Change | -9.833001 |
| Two Hundred Day Average Change Percent | -0.4022829 |
| Type Disp | ETF |
| Volume | 154,116 |
| Yield | 0.0689 |
| Ytd Return | -51.45816 |