Get early access! Join the Twelve Data AI Assistant waitlist now.
3.67050 EUR
0.002
0.05%
Last update Sep 12, 7:41 PM CEST
Market closed
Day range
3.64200
3.69950
Previous close
3.66850
Open
3.67500
Access this ETF data via API
Subscribe
Direxion Daily MSCI Emerging Markets Bear 3X ...
3.67
0.00
0.05%

Overview

Description

The Direxion Daily MSCI Emerging Markets Bear 3X Shares is an exchange-traded fund (ETF) designed to leverage short exposure to the MSCI Emerging Markets Index. Its primary function is to provide investors with a tool for making bearish bets on the performance of emerging markets by offering daily investment results that are three times the inverse of the index. This means that if the MSCI Emerging Markets Index decreases, this ETF seeks to deliver a triple positive return, essentially amplifying negative market movements for strategic positioning or hedging purposes. This ETF impacts various sectors across a range of rapidly developing international economies, including countries like China, India, Brazil, and others in Asia, Latin America, and Europe. In the financial market, it serves as an advanced instrument for those looking to capitalize on predicted downturns in these regions or protect existing portfolios from anticipated declines. The fund's ability to offer such significant leverage makes it a notable tool within sophisticated trading strategies, though it requires careful consideration due to its inherently volatile nature and potential for significant risk.

About

Address
Phone
866-476-7523
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 9 hours 14 minutes

22:45
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).