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EDZDirexion Daily MSCI Emerging Markets Bear 3X Shares

Take a bet17y track recordRanked #264 of 995 in this goal

Seeks daily investment results of 300% of the inverse of the daily performance of the Index.

By Direxion Funds · Launched 2008

Annual Cost

1.05%

#5,496 of 6,040 · expensive

Fund Size

$18M

#4,616 of 6,040 · small

Return (1Y)

-63.0%

Track Record

17 years

#641 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$4,767-52.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Index tracked

MSCI Emerging Markets Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE
75.0%
GOLDMAN FINANCIAL
56.1%
N/A
-2.6%
N/A
-8.2%
N/A
-12.8%

Asset allocation

Cash
105.9%

By sector

Financial Services
28.4%
Industrials
19.0%
Technology
15.3%
Consumer Cyclical
7.3%
Utilities
6.6%
Consumer Defensive
6.1%
Healthcare
5.4%
Basic Materials
3.7%
Other
8.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
74.8%High

Year-on-year price swings

Max drawdown
-98.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.90Below average
Sortino (3Y)
-1.24Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
Strategy
Invests in large- and mid-capitalization securities across emerging market countries to achieve 300% daily inverse exposure to the Index. Utilizes derivatives like swap agreements and futures contracts to provide leveraged results, focusing on financials and information technology sectors.
Inception date
December 17, 2008
Fund family
Direxion Funds

Next steps

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Data updated on 2026-09-18