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.

EURL Charts And Performance

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PERFORMANCE [as of 07/09/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EURL -7.52% 37.10% -51.60% -41.42% -17.86% -10.84% --
ticker (NAV) -7.25% 36.62% -51.75% -41.35% -17.90% -10.84% --
FTSE Developed Europe All Cap Index -2.06% 14.07% -11.41% -3.93% 1.01% 2.44% --
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
1.07%
$17.13M
0.24%
UPV

EURL Portfolio Data

0.86%
09/22/20

EURL Index Data

FTSE Developed Europe All Cap Index
Market Cap
Market Cap
N/A

EURL Fund Structure

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

EURL Tax Exposures

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

EURL Factset Analytics Block Liquidity

As of 07/10/20
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

65,408
$1.01M
52,774
$885.03K
0.24%
$0.04
-0.02%
1.16% / -2.47%
None
30.00%
50,000
1.06
0.02%
--
1,132
$16.38
N/A