EURL

Direxion Daily FTSE Europe Bull 3X Shares

EURL Fund Description

The Direxion Daily FTSE Europe Bull 3X ETF provides 3X daily levered exposure to a market-cap-weighted index of companies in developed Europe.

EURL Factset Analytics Insight

EURL is a 3x levered play on the FTSE Developed Europe Index, a market-cap-weighted index of total market stocks in developed Europe. The usual caveats for geared funds apply emphatically for 3x gearing: The fund rebalances its exposure on a daily basis, and is directly affected by issues of path dependency and compounding. As a result, its long-term returns are unlikely to achieve the 3x multiple. Returns are helped by strong trends and hurt by volatility. EURL isn’t appropriate for buy-and-hold investors.

Note: The fund switched underlying indexes on August 22, 2016 to a slightly different and arguably better FTSE index. The index—tracked at 1x by Vanguard’s VGK—includes small-caps, thereby providing more complete coverage of the space.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS10037.52
10036.00
10035.89
50035.78
50035.75
BIDS10035.67
10035.66
10035.54
1,00035.52
1,00035.51
LAST 10 TRADES
TIMEPRICESHARES
10:57:5135.68100
10:40:3835.86272
10:09:5735.90150
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Bats BZX Real-time Quote - 10:57:52
Daily Spread
Premium/Discount
Volume

EURL Factset Analytics Block Liquidity

As of 12/14/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EURL. EURL is rated a 5 out of 5.

EURL Summary Data

Direxion
01/22/14
Open-Ended Fund
1.07%
$62.18M
0.19%

EURL Portfolio Data

0.00%
12/19/17

EURL Index Data

Market Cap
Market Cap
N/A

EURL Fund Structure

Yes
No
No Policy
N/A
N/A
Low
3
Daily

EURL Tax Exposures

20.00% / 39.60%
--
No

EURL Tradability

28,490
$1.03M
23,917
$879.34K
0.19%
-0.02%
0.49% / -0.54%
None
50,000
0.48
0.01%
27
$36.72
5