EDZ:ARCA-Direxion Emerging Markets Bear 3X Shares (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 8.84

Change

0.00 (0.00)%

Market Cap

USD 0.12B

Volume

0.17M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI Emerging Markets IndexSM. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the MSCI Emerging Markets IndexSM. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.

Inception Date: 17/12/2008

Primary Benchmark: MSCI EM GR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.98%

Management Expense Ratio: 0.99 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-31 )

Largest Industry Peers for Trading--Inverse Equity

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SH ProShares Short S&P500 0.89 %

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PSQ ProShares Short QQQ 0.95 %

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SPXU ProShares UltraPro Short S&P50.. 0.91 %

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SDOW ProShares UltraPro Short Dow30 0.95 %

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SPDN Direxion Daily S&P 500® Bear .. 0.45 %

-0.06 (-0.52%)

USD 0.18B
DOG ProShares Short Dow30 0.95 %

-0.18 (-0.65%)

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

-0.49 (-2.44%)

USD 0.16B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

-0.33 (-1.42%)

USD 0.14B
YANG Direxion Daily FTSE China Bear.. 1.02 %

-0.13 (-1.45%)

USD 0.13B

ETFs Containing EDZ

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20,064.23% 75% C 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 20,064.23% 75% C 100% F
Trailing 12 Months  
Capital Gain 18,164.46% 75% C 100% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 18,164.46% 75% C 100% F
Trailing 5 Years  
Capital Gain 4,284.05% 80% B- 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 4,284.05% 80% B- 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 116.04% N/A N/A 98% N/A
Dividend Return 117.09% N/A N/A 98% N/A
Total Return 1.05% N/A N/A 23% F
Risk Return Profile  
Volatility (Standard Deviation) 1,521.15% N/A N/A 1% F
Risk Adjusted Return 7.70% N/A N/A 31% F
Market Capitalization 0.12B 33% F 10% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.