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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 8.67

Change

0.00 (0.00)%

Market Cap

USD 0.12B

Volume

0.07M

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 Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-25 )

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N/A

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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 -20.89% 56% F 12% F
Dividend Return 3.79% 75% C 55% F
Total Return -17.11% 56% F 12% F
Trailing 12 Months  
Capital Gain -22.73% 55% F 11% F
Dividend Return 3.70% 72% C 54% F
Total Return -19.03% 55% F 11% F
Trailing 5 Years  
Capital Gain -73.77% 59% D- 5% F
Dividend Return 2.95% 72% C 8% B-
Total Return -70.82% 59% D- 4% F
Average Annual (5 Year Horizon)  
Capital Gain 486.25% 75% C 99% N/A
Dividend Return 487.46% 75% C 99% N/A
Total Return 1.21% 64% D 29% F
Risk Return Profile  
Volatility (Standard Deviation) 2,658.42% 27% F 1% F
Risk Adjusted Return 18.34% 95% A 34% F
Market Capitalization 0.12B 31% F 11% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.