EDC ISSUER
The issuer of the iShares MSCI Emerging Markets ETF (EDC) is BlackRock, one of the largest and most prominent asset management firms in the world. The iShares MSCI Emerging Markets ETF was created to track the performance of the MSCI Emerging Markets Index, which includes companies from 24 emerging market countries, such as Brazil, China, India, and South Africa. BlackRock's extensive experience and global reach make them a trusted provider of exchange-traded funds, offering investors exposure to a diverse range of international markets. The ETF offers investors a convenient way to access the potential growth opportunities in emerging markets while benefiting from BlackRock's expertise in portfolio management and risk management.
EDC DIVIDEND
The EDC Dividend ETF, while primarily focused on tracking the returns of energy commodities futures contracts in the Dow Jones-UBS Energy Subindex Total ReturnSM, does not typically distribute dividends. Instead, investors in this ETF can potentially benefit from the price appreciation of the underlying energy commodities. The ETF's performance is closely tied to the price movements of crude oil, heating oil, natural gas, and unleaded gasoline futures contracts, making it an alternative investment for those seeking exposure to the energy sector. As dividend eligibility and distribution are not relevant in this case, investors should consider the ETF's performance in line with the energy market.
EDC TRACKING
Tracking the MSCI Emerging Markets Index is the primary objective of the Direxion Daily MSCI Emerging Markets Bull 3X Shares ETF (EDC). The MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that covers large- and mid-capitalization securities across 24 emerging market countries, including Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey, and United Arab Emirates. This ETF aims to provide investors with 3x leveraged exposure to the daily performance of the MSCI Emerging Markets Index, making it a suitable choice for those seeking amplified returns in emerging markets. However, it's important to note that due to daily rebalancing and compounding, the ETF's returns may differ significantly from three times the index's performance over periods longer than a single day.
EDC CORRELATION
The correlation aspect of the iShares MSCI Emerging Markets Index ETF (EDC) is vital in understanding its behavior in relation to emerging market equities. As EDC tracks the MSCI Emerging Markets Index, it is expected to exhibit a strong correlation with the performance of large- and mid-capitalization securities across 24 emerging market countries. This ETF's correlation with emerging markets makes it a valuable tool for investors seeking exposure to these markets, and its performance is closely monitored for insights into global economic trends. For those looking to study correlations in-depth and visualize the overlap with other assets, ETF Insider offers a user-friendly web app with extensive data for various US ETFs, including EDC.
EDC SECTOR
The Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC) primarily focuses on the emerging market sector. This ETF seeks to provide investors with leveraged exposure to the MSCI Emerging Markets Index, which comprises emerging market countries such as Brazil, China, India, South Africa, and more. The index is known for its diversity, encompassing various sectors, with financials and information technology sectors being particularly prominent. EDC aims to magnify the daily returns of this index, making it suitable for those seeking amplified exposure to emerging market equities, but it also comes with increased risk due to its leveraged nature.
EDC EXPOSURE
The exposure characteristic of the Direxion Daily MSCI Emerging Markets Bull 3X Shares ETF (EDC) is designed to offer investors amplified exposure to emerging market equities. EDC seeks to deliver three times the daily performance of the MSCI Emerging Markets Index. This means that for each percentage point increase in the Index, EDC aims to provide a three-percentage-point increase, making it a tool for investors looking to leverage their exposure to emerging market countries. For specific details on the regions and sectors represented in the MSCI Emerging Markets Index, you can explore our ETF insider web app, which provides comprehensive data and visualizations for a deeper understanding of EDC's exposure.