Direxion Daily Emerging Markets Bear 3X Shares (EDZ)

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Fund Description

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, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. 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.

Fund Snapshot Updated 04.15.2014

Previous Close $38.98 Expense Ratio 0.95%
YTD Return 2.18% Avg. 30-Day Volume 1,367,975
1-Year Return 25.2% Market Cap Loading...
Bid $38.93 Shares Outstanding 3,277,000
Ask $38.95 Dividends $0.00

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