{"url":"https://etfiq.com/compare/leverage/edz-vs-eev","section":"compare","title":"EDZ vs EEV: which held to its multiple? | ETFIQ","description":"EDZ sets out to return -3 times EEM each day and EEV -2 times. Over the three months to Sep 30, 2026 they finished \u22125.3 pts and \u22122.4 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, EDZ or EEV?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, EDZ finished 5.3 points from what its multiple implies and EEV finished 2.4 points from its own, so EEV came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are EDZ and EEV levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on emerging markets, EDZ at -3 times and EEV at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, EDZ or EEV?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window EDZ\u2019s moved at 24% annualized and EEV\u2019s at 24%, so EDZ has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold EDZ or EEV for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, EDZ or EEV?","acceptedAnswer":{"@type":"Answer","text":"EDZ charges 1.05% a year and EEV charges 0.95%, so EEV is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"EDZ vs EEV","item":"https://etfiq.com/compare/leverage/edz-vs-eev"}]},{"@type":"WebPage","name":"EDZ vs EEV: which held to its multiple?","description":"EDZ sets out to return -3 times EEM each day and EEV -2 times. Over the three months to Sep 30, 2026 they finished \u22125.3 pts and \u22122.4 pts away.","url":"https://etfiq.com/compare/leverage/edz-vs-eev","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, EDZ finished 3.0 points over and EEV 1.9 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of EDZ and EEV","description":"EDZ sets out to return -3 times EEM each day and EEV -2 times. Over the three months to Sep 30, 2026 they finished \u22125.3 pts and \u22122.4 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/edz-vs-eev","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6811,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / EDZ vs EEV \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n EDZ vs EEV: which held to its multiple?\n\n Over three months against its own daily promise, EDZ finished 3.0 points over and EEV 1.9 points over.\n Copy this for sharing \n \n Direxion Daily MSCI Emerging Markets Bear 3X ETF and ProShares UltraShort MSCI Emerging Markets.\n\n Download as PDF \n\n \u22126.7% EDZ returned, 3 months \n \u22123.3% EEV returned, 3 months \n \u22125.3 pts EDZ from its stated multiple \n \u22122.4 pts EEV from its stated multiple \n\n ETFIQ Decay Resistance Score: EDZ scores hig","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/edz-vs-eev","a":{"ticker":"EDZ","name":"Direxion Daily MSCI Emerging Markets Bear 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: EDZ returned \u22126.7% where its own daily promise gave \u22129.8%, 3.0 points over.","url":"https://etfiq.com/funds/edz","key_facts":[{"label":"What EEM did","value":"+0.5%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"\u22129.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22126.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+3.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$29m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.05%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"EEV","name":"ProShares UltraShort MSCI Emerging Markets","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: EEV returned \u22123.3% where its own daily promise gave \u22125.2%, 1.9 points over.","url":"https://etfiq.com/funds/eev","key_facts":[{"label":"What EEM did","value":"+0.5%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u22125.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22123.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$3m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/edz-vs-eev"}