EURL

Direxion Daily FTSE Europe Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

EURL Fund Description

EURL 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.

PERFORMANCE [as of 06/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EURL -18.90% -40.72% -56.04% -55.08% -16.02% -10.58% --
EURL (NAV) -19.49% -41.07% -56.23% -55.35% -16.16% -10.68% --
FTSE Developed Europe All Cap Index -5.33% -14.07% -21.14% -18.99% 1.73% 2.24% 5.92%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EURL Summary Data

Direxion
01/22/14
Open-Ended Fund
1.01%
$17.34M
0.44%
UPV

EURL Portfolio Data

1.11%
N/A

EURL Index Data

Market Cap
Market Cap
N/A

EURL Fund Structure

Yes
Yes
-- / --
N/A
N/A
High
3
Daily

EURL Tax Exposures

20.00% / 39.60%
--
No

EURL Factset Analytics Block Liquidity

As of 06/23/22
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 N/A out of 5.

EURL Tradability

20,410
$419.58K
15,075
$306.55K
0.44%
$0.09
-0.02%
0.76% / -1.27%
None
30.00%
50,000
0.30
0.01%
--
768
$16.52
N/A