EDZ
Direxion Daily Emerging Markets Bear 3x Shares
📎 Investment Objective
The Direxion Daily Emerging Markets Bear 3x Shares ETF (EDZ) seeks to provide 3x daily inverse exposure to the performance of the MSCI Emerging Markets Index.
Overview
ETF tracking Direxion Daily Emerging Markets Bear 3x Shares
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Direxion Daily Emerging Markets Bear 3x Shares ETF (EDZ) seeks to provide 3x daily inverse exposure to the performance of the MSCI Emerging Markets Index.
🎯 Investment Strategy
EDZ uses swaps and other derivative instruments to provide leveraged short exposure to the MSCI Emerging Markets Index. The fund aims to deliver daily returns that are -300% of the index's performance.
✨ Key Features
- Provides 3x daily inverse exposure to emerging markets equities
- Utilizes swaps and other derivatives to achieve its leveraged short strategy
- Resets exposure daily, so performance may not match -300% of the index over longer periods
- Very high risk and volatility, not suitable for long-term buy-and-hold investors
⚠️ Primary Risks
- Extremely high volatility and risk due to the leveraged short strategy
- Potential for significant losses if the underlying index rises
- Compounding effect can magnify losses over time, especially in volatile markets
- Tracking error risk as the fund's daily returns may not equal -300% of the index
👤 Best For
EDZ is a highly speculative investment tool intended for sophisticated traders with a very short-term, tactical investment horizon. It is not suitable for long-term investors or those with a low risk tolerance.
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