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Direxion Daily Emerging Markets Bear 3x Etf

Direxion Daily Emerging Markets Bear 3x Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization17.02 mln

Business Description

This fund aims to deliver three times the daily inverse performance of an index that tracks large and mid-sized companies across 24 emerging market countries. In practical terms, when the index falls, the fund is designed to gain, and when the index rises, the fund is designed to lose. At least 80% of its assets are held in financial instruments that together achieve this goal. The fund concentrates its holdings rather than spreading risk across many positions.

Key Fundamentals

EPS1.56
P/E11.20

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.13% 22 / 100   
1 Month 18.15% 97 / 100   
2 Months -14.08% 12 / 100   
6 Months -36.58% 5 / 100   
1 Year -63.24% 2 / 100   



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