EDZ Performance — Direxion Daily MSCI Emerging Markets Bear 3X Shares
Data updated: 2026-09-28
EDZ returned −51.46% year to date and −66.93% over one year to Jul 2026. Annualised returns are −42.71% over 3 years and −26.42% over 5 years. The fund trailed its Trading - Inverse category average: $100 invested three years ago grew to $19, against $39 for the category, and to $33 over one year, against $73. Volatility over the past three years was 45.75% a year. In the 12 months to Jul 2026 the fund took in a net $29.3M, and assets reached $19.19M.
EDZ Growth of $100
What $100 invested in Direxion Daily MSCI Emerging Markets Bear 3X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | EDZ | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $33 | $73 |
| 3 years (Aug 2023 – Jul 2026) | $19 | $39 |
| 5 years (Aug 2021 – Jul 2026) | $22 | $35 |
| Since data start (Aug 2019 – Jul 2026) | $4 | $12 |
EDZ Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −51.46% |
| 1 year | −66.93% |
| 3 years (annualised) | −42.71% |
| 5 years (annualised) | −26.42% |
EDZ Annual Returns
Calendar-year total returns of Direxion Daily MSCI Emerging Markets Bear 3X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −51.46% |
| 2025 | −59.96% |
| 2024 | −12.52% |
| 2023 | −19.53% |
| 2022 | +49.06% |
| 2021 | −8.97% |
| 2020 | −68.70% |
| 2019 (Aug–Dec) | −26.21% |
EDZ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −21.1% | −16.1% | +26.5% | −31.9% | −21.1% | −7.4% | +16.7% | — | — | — | — | — |
| 2025 | −5.9% | −3.0% | −3.8% | −6.2% | −10.9% | −19.1% | −1.0% | −7.0% | −18.0% | −10.7% | +5.9% | −5.5% |
| 2024 | +15.7% | −11.0% | −6.6% | +1.3% | −4.7% | −6.6% | −1.8% | −2.9% | −16.5% | +10.0% | +8.9% | +5.8% |
| 2023 | −23.3% | +26.7% | −9.1% | +3.2% | +8.0% | −11.7% | −16.2% | +23.3% | +11.0% | +11.2% | −19.9% | −9.3% |
| 2022 | −2.1% | +12.1% | +2.3% | +18.7% | −5.1% | +13.8% | 0.0% | +3.6% | +42.4% | +3.4% | −37.4% | +8.5% |
| 2021 | −11.4% | −4.3% | −1.7% | −4.3% | −6.3% | −3.6% | +19.5% | −5.9% | +11.0% | −4.1% | +11.8% | −5.5% |
| 2020 | +18.6% | +10.0% | +13.3% | −24.8% | −11.5% | −20.8% | −23.7% | −9.5% | +1.2% | −5.4% | −24.3% | −19.7% |
| 2019 | — | — | — | — | — | — | — | +10.1% | −5.0% | −11.8% | +0.1% | −20.1% |
EDZ Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 45.75%
- 3-year Sharpe ratio: -1.03 (vs 4.5% risk-free rate)
- Best month: +26.46% (Mar 2026)
- Worst month: −31.95% (Apr 2026)
EDZ Fund Flows
Monthly money in and out of Direxion Daily MSCI Emerging Markets Bear 3X Shares, from SEC Form N-PORT.
- 12-month net flow: $29.3M
- 12-month gross sales (incl. reinvestments): $103.8M
- Sales ÷ redemptions: 1.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $9.2M | $6.1M | $3.2M |
| Jun 2026 | $5.3M | $17.7M | −$12.4M |
| May 2026 | $4.7M | $4.6M | $153K |
| Apr 2026 | $21.3M | $3.5M | $17.9M |
| Mar 2026 | $20.9M | $6.0M | $14.8M |
| Feb 2026 | $0 | $11.5M | −$11.5M |
| Jan 2026 | $14.8M | $0 | $14.8M |
| Dec 2025 | $9.4M | $3.9M | $5.5M |
| Nov 2025 | $5.5M | $11.1M | −$5.6M |
| Oct 2025 | $3.5M | $1.7M | $1.8M |
| Sep 2025 | $3.3M | $718K | $2.6M |
| Aug 2025 | $5.8M | $7.6M | −$1.7M |
EDZ Assets Under Management
Net assets of Direxion Daily MSCI Emerging Markets Bear 3X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $19.19M |
| 2026-04-30 | $34.93M |
| 2026-01-31 | $24.88M |
| 2025-10-31 | $13.77M |
| 2025-07-31 | $15.95M |
| 2025-04-30 | $18.25M |
| 2025-01-31 | $19.42M |
| 2024-10-31 | $16.79M |
| 2024-07-31 | $17.24M |
| 2024-04-30 | $20.01M |
| 2024-01-31 | $24.16M |
| 2023-10-31 | $28.18M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.