EUFL

Direxion Daily MSCI European Financials Bull 2X Shares
*Unless otherwise stated, data provided by FactSet.

EUFL Fund Description

EUFL provide daily 2x leveraged exposure to a market-cap-weighted index of financial sector stocks in developed European markets.

EUFL Factset Analytics Insight

EUFL doubles down on an index of European large- and midcap financial sector stocks. Its underlying index is concentrated in a few large names, and the fund uses derivative contracts to provide leveraged exposure to these firms, with daily adjustments back to the headline 2x multiple. That last point is important because investors using the fund to bet on European financials will not get 2x exposure over the long-term due to the compounding effect of these daily adjustments. EUFL charges a steep fee, but trading commissions and spread costs are likely to matter more for this short-term trading vehicle. Also consider iShares' EUFN, which provides unleveraged exposure to the same index.

EUFL CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EUFL -12.69% -22.33% -45.33% -46.22% -- -- --
EUFL (NAV) -13.18% -25.12% -42.28% -41.68% -- -- --
MSCI Europe Financials Index -6.52% -11.95% -21.36% -20.59% -0.23% -1.70% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EUFL Summary Data

Direxion
07/27/16
Open-Ended Fund
1.09%
$7.70M
0.41%

EUFL Portfolio Data

6.67%
12/27/18

EUFL Index Data

Market Cap
Market Cap
N/A

EUFL Fund Structure

Yes
No
No Policy
N/A
N/A
High
2
Daily

EUFL Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

EUFL Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

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

EUFL Tradability

752
$28.24K
235
$7.70K
0.41%
$0.13
0.12%
10.73% / -4.79%
None
0.00%
50,000
0.00
0.02%
--
--
$25.55
N/A