Direxion Daily Emerging Markets Bull 3X Shares (EDC)

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Direxion Daily Emerging Markets Bull 3X Shares (EDC) is up 41.3% since the beginning of the year. EDC is currently trading at $77 per share. Investors who bought $1,000 worth of EDC shares 5 years ago would now be looking at an investment worth $764.

Direxion Daily Emerging Markets Bull 3X Shares (EDC) has returned 41.26% so far this year and 121.30% over the past 12 months.

Based on dividend-adjusted daily data since Dec 30, 2008, EDC's average daily return is +0.10%, while the average monthly return is +1.58%. At this rate, an investment would double in approximately 3.7 years.

Historically, 52% of months were positive and 48% were negative. The best month was Nov 2022 with a return of +49.9%, while the worst month was Mar 2020 at -53.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 10 months.

On a daily basis, EDC closed higher 53% of trading days. The best single day was Mar 23, 2009 with a return of +27.7%, while the worst single day was Mar 16, 2020 at -34.6%.

Direxion Daily Emerging Markets Bull 3X Shares has an annualized alpha of 13.58%, beta of 3.99, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since December 31, 2008.

• This ETF captured 708.62% of S&P 500 Index gains and 272.35% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This ETF generated an annualized alpha of 13.58% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 3.99 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.

EDC has a high expense ratio of 1.33%, indicating above-average management fees.

EDC ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Direxion Daily Emerging Markets Bull 3X Shares (EDC) and compare them to S&P 500 Index.

Direxion Daily Emerging Markets Bull 3X Shares provided a 1.21% dividend yield over the last twelve months, with an annual payout of $0.92 per share.

The table displays the monthly dividend distributions for Direxion Daily Emerging Markets Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Direxion Daily Emerging Markets Bull 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily Emerging Markets Bull 3X Shares was 92.54%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Direxion Daily Emerging Markets Bull 3X Shares drawdown is 70.02%.

The chart below shows the rolling one-month volatility.