EDC

Direxion Daily MSCI Emerging Markets Bull 3x Shares
*Unless otherwise stated, data provided by FactSet.

EDC Fund Description

EDC provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets.

EDC Factset Analytics Insight

EDC is an aggressive one-day bet on the widely followed MSCI Emerging Markets Index. The fund promises to provide 300% of the return of the index—a cap-weighted composite of emerging markets firms covering 85% of the market cap in those countries—every day, which means heavy exposure to financials and technology, as well as to firms in China, Korea, and Taiwan. As with most leveraged funds, it's designed to provide this exposure only for one trading day. Holding the fund for longer than one day will expose investors to the effects of compounding and may create significant drift between the expected return and what is actually realized. Although its fee isn't cheap, tactical users will be more concerned with the trading costs. To that end, trading volume is extremely robust and average inside spreads are very tight, especially considering the 3x exposure.

EDC MSCI ESG Analytics Insight

Direxion Daily MSCI Emerging Markets Bull 3x Shares has an MSCI ESG Fund Rating of BBB based on a score of 5.53 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily MSCI Emerging Markets Bull 3x Shares ranks in the 40th percentile within its peer group and in the 53th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

EDC Charts And Performance

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PERFORMANCE [as of 01/25/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EDC 38.76% 78.32% 24.97% 28.86% -8.30% 28.71% -6.89%
EDC (NAV) 39.72% 78.88% 27.80% 39.11% -8.80% 30.71% -6.71%
MSCI Emerging Markets Index 12.65% 24.39% 9.23% 28.64% 6.23% 17.21% 4.69%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EDC Summary Data

Direxion
12/17/08
Open-Ended Fund
1.33%
$359.89M
0.09%
EET

EDC Portfolio Data

0.34%
N/A

EDC Index Data

Market Cap
Market Cap
N/A

EDC Fund Structure

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

EDC Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

EDC Factset Analytics Block Liquidity

As of 01/26/21
5
4
3
2
1

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

EDC Tradability

136,806
$13.17M
118,673
$10.86M
0.09%
$0.08
-0.02%
3.89% / -1.23%
None
20.00%
50,000
2.37
0.01%
--
4,900
$119.42
N/A

EDC MSCI ESG Ratings

5.53 / 10
52.59
40.35
1.08%
2.28%
240.39