Although equity markets in developing economies have struggled this year, EEM’s recent bounce, albeit modest, has kept traders away from EDZ as flows into the ETF over the past month are scant. Conversely, a pair of Direxion’s triple-leveraged bullish emerging markets funds have seen positive flows over the past month.
EDZ’s 30-day variance compared to triple the performance of the MSCI Emerging Markets Index is -2.84%, according to issuer data.
Direxion Emerging Markets Bear 3X Shares
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares off EEM.