Direxion FundsInverse EquityEDZ · NYSE Arca

Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ)

Compare Leveraged & Inverse ETFs Compare with others

Price: $13.74; —25 Sept 2026
Assets: $18.1M; Total net assets
Expense ratio: 1.05%; Category 0.00%
Yield: 7.94%; Trailing distributions

1Y return: -65.3%-31.8%; Category -33.6%
3Y CAGR: -51.0%-15.9%; Category -35.1%
5Y CAGR: -29.4%-3.9%; Category -25.4%

Loading NAV history…

Direxion Daily MSCI Emerging Markets Bear 3X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-4.3%	-9.0%	-56.4%	-59.9%	-65.3%	-51.0%	-29.4%	-34.4%	-40.7%
Inverse Equity average	-6.2%	-18.4%	-38.8%	-34.4%	-33.6%	-35.1%	-25.4%	-29.6%	-41.7%
Difference	+1.9%	+9.4%	-17.6%	-25.5%	-31.8%	-15.9%	-3.9%	-4.8%	+1.0%

Holdings

The 1 largest positions make up 5.5% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
EEMU.PA	BNPP E MSCI EMU MIN TE ETF EUR	5.55%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 18.4
P/B: 2.3
P/S: 1.9
P/CF: 11.6

Sector allocation

Share of the equity the fund holds.

Financial services28.4%
Industrials19.0%
Technology15.3%
Consumer discretionary7.3%
Utilities6.6%
Consumer staples6.1%
Health care5.4%
Materials3.7%
Communication services3.5%
Energy3.4%
Real estate1.3%

Asset mix

Cash105.9%

ETF details

Issuer: Direxion Funds
Category: Equity · Inverse Equity
Ticker: EDZ
Exchange: NYSE Arca
Inception: 17 Dec 2008 (17.8 years)
Structure: Exchange Traded Fund
Expense ratio: 1.05% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 7.94%
Beta, 3 years: -2.11
Total net assets: $18.1M

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other inverse equity ETFs

Other ETFs in the Inverse Equity category.

Compare Leveraged & Inverse ETFs