PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Direxion Daily FTSE Europe Bull 3x Shares (EURL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25459Y2809

CUSIP

25459Y280

Issuer

Direxion

Inception Date

Jan 22, 2014

Region

Developed Europe (Broad)

Leveraged

3x

Index Tracked

FTSE Developed Europe Index (300%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
EURL vs. EUFN EURL vs. SOXL EURL vs. QQQ
Popular comparisons:
EURL vs. EUFN EURL vs. SOXL EURL vs. QQQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily FTSE Europe Bull 3x Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-23.37%
12.14%
EURL (Direxion Daily FTSE Europe Bull 3x Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily FTSE Europe Bull 3x Shares had a return of -8.14% year-to-date (YTD) and 8.61% in the last 12 months. Over the past 10 years, Direxion Daily FTSE Europe Bull 3x Shares had an annualized return of -3.41%, while the S&P 500 had an annualized return of 11.16%, indicating that Direxion Daily FTSE Europe Bull 3x Shares did not perform as well as the benchmark.


EURL

YTD

-8.14%

1M

-17.67%

6M

-22.02%

1Y

8.61%

5Y (annualized)

-4.87%

10Y (annualized)

-3.41%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of EURL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.81%5.85%10.54%-8.72%17.95%-9.51%6.65%8.71%0.04%-16.69%-8.14%
202329.49%-5.52%3.64%12.72%-15.64%11.24%7.34%-13.43%-13.63%-10.59%29.94%15.29%44.19%
2022-11.20%-16.17%-3.31%-18.51%5.21%-28.95%13.66%-22.17%-28.31%24.01%41.84%-6.79%-54.41%
2021-3.75%7.42%9.37%14.03%13.41%-4.78%4.77%4.92%-15.83%15.08%-14.20%15.21%46.59%
2020-9.19%-23.57%-54.84%17.56%15.62%8.86%9.64%13.10%-10.40%-17.29%56.26%15.35%-23.19%
201920.15%8.57%1.50%11.24%-16.98%18.87%-8.51%-6.01%6.60%10.77%3.53%12.96%72.61%
201817.11%-18.73%-2.32%5.81%-8.08%-5.01%9.76%-9.15%-0.71%-23.13%-3.19%-15.30%-46.39%
20178.76%1.40%13.55%11.03%14.36%-2.08%8.55%-0.62%9.33%0.76%-0.78%4.21%91.31%
2016-17.49%-10.52%22.22%6.76%-2.55%-18.44%10.24%1.66%1.77%-10.98%-7.46%14.30%-17.78%
20151.00%18.23%-7.95%12.40%-0.06%-10.51%6.42%-20.34%-13.67%19.23%-5.07%-8.65%-16.38%
2014-15.15%22.37%-2.37%7.52%2.14%-0.35%-12.91%1.73%-11.71%-7.30%5.73%-14.32%-27.13%

Expense Ratio

EURL has a high expense ratio of 1.07%, indicating higher-than-average management fees.


Expense ratio chart for EURL: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EURL is 11, indicating that it is in the bottom 11% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of EURL is 1111
Combined Rank
The Sharpe Ratio Rank of EURL is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of EURL is 1212
Sortino Ratio Rank
The Omega Ratio Rank of EURL is 1111
Omega Ratio Rank
The Calmar Ratio Rank of EURL is 1111
Calmar Ratio Rank
The Martin Ratio Rank of EURL is 1212
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily FTSE Europe Bull 3x Shares (EURL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for EURL, currently valued at 0.22, compared to the broader market0.002.004.000.222.54
The chart of Sortino ratio for EURL, currently valued at 0.58, compared to the broader market-2.000.002.004.006.008.0010.000.583.40
The chart of Omega ratio for EURL, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.47
The chart of Calmar ratio for EURL, currently valued at 0.17, compared to the broader market0.005.0010.0015.000.173.66
The chart of Martin ratio for EURL, currently valued at 0.91, compared to the broader market0.0020.0040.0060.0080.00100.000.9116.26
EURL
^GSPC

The current Direxion Daily FTSE Europe Bull 3x Shares Sharpe ratio is 0.22. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion Daily FTSE Europe Bull 3x Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
0.22
2.54
EURL (Direxion Daily FTSE Europe Bull 3x Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily FTSE Europe Bull 3x Shares provided a 3.34% dividend yield over the last twelve months, with an annual payout of $0.71 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.10$0.20$0.30$0.40$0.50$0.602014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
Dividend$0.71$0.59$0.31$0.13$0.11$0.40$0.61$0.14$0.00$0.00$0.23

Dividend yield

3.34%2.50%1.80%0.33%0.41%1.17%3.07%0.38%0.00%0.00%0.79%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.13$0.00$0.00$0.31$0.00$0.00$0.10$0.00$0.00$0.54
2023$0.00$0.00$0.06$0.00$0.00$0.14$0.00$0.00$0.22$0.00$0.00$0.17$0.59
2022$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.17$0.00$0.00$0.08$0.31
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.00$0.00$0.04$0.13
2020$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.11
2019$0.00$0.00$0.06$0.00$0.00$0.25$0.00$0.00$0.00$0.00$0.00$0.09$0.40
2018$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.37$0.00$0.00$0.10$0.61
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2014$0.01$0.00$0.00$0.18$0.00$0.00$0.05$0.23

Drawdowns

Drawdowns Chart

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.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-48.86%
-0.88%
EURL (Direxion Daily FTSE Europe Bull 3x Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily FTSE Europe 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 FTSE Europe Bull 3x Shares was 84.65%, occurring on Mar 18, 2020. The portfolio has not yet recovered.

The current Direxion Daily FTSE Europe Bull 3x Shares drawdown is 48.86%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-84.65%Jan 29, 2018539Mar 18, 2020
-67.21%Jul 7, 2014499Jun 27, 2016397Jan 24, 2018896
-20.23%Jan 23, 20148Feb 3, 201410Feb 18, 201418
-12.32%Mar 7, 20145Mar 13, 201427Apr 22, 201432
-7.44%Feb 25, 20145Mar 3, 20143Mar 6, 20148

Volatility

Volatility Chart

The current Direxion Daily FTSE Europe Bull 3x Shares volatility is 12.71%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.71%
3.96%
EURL (Direxion Daily FTSE Europe Bull 3x Shares)
Benchmark (^GSPC)