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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

Expense Ratio

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


Share Price Chart


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Compare to other instruments

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


Performance

Performance Chart


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Returns By Period

Direxion Daily FTSE Europe Bull 3x Shares (EURL) returned 48.25% year-to-date (YTD) and 8.70% over the past 12 months. Over the past 10 years, EURL returned -1.35% annually, underperforming the S&P 500 benchmark at 10.78%.


EURL

YTD

48.25%

1M

24.88%

6M

41.36%

1Y

8.70%

5Y*

24.63%

10Y*

-1.35%

^GSPC (Benchmark)

YTD

0.19%

1M

9.00%

6M

-1.55%

1Y

12.31%

5Y*

15.59%

10Y*

10.78%

*Annualized

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
202518.65%11.21%-0.45%5.88%6.58%48.25%
2024-4.81%5.85%10.54%-8.72%17.95%-9.51%6.65%8.71%0.03%-16.67%-6.92%-9.26%-11.42%
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%-28.32%24.01%41.83%-6.78%-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%-5.00%9.76%-9.15%-0.70%-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%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EURL is 31, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of EURL is 3131
Overall Rank
The Sharpe Ratio Rank of EURL is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of EURL is 4040
Sortino Ratio Rank
The Omega Ratio Rank of EURL is 3737
Omega Ratio Rank
The Calmar Ratio Rank of EURL is 3030
Calmar Ratio Rank
The Martin Ratio Rank of EURL is 2828
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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Direxion Daily FTSE Europe Bull 3x Shares Sharpe ratios as of May 15, 2025 (values are recalculated daily):

  • 1-Year: 0.17
  • 5-Year: 0.44
  • 10-Year: -0.02
  • All Time: -0.02

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Direxion Daily FTSE Europe Bull 3x Shares compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Direxion Daily FTSE Europe Bull 3x Shares provided a 2.35% dividend yield over the last twelve months, with an annual payout of $0.71 per share. The fund has been increasing its distributions for 4 consecutive years.


0.00%1.00%2.00%3.00%4.00%$0.00$0.20$0.40$0.60$0.8020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.71$0.72$0.59$0.31$0.13$0.11$0.40$0.76$0.14$0.00$0.00$0.23

Dividend yield

2.35%3.51%2.50%1.80%0.33%0.41%1.17%3.80%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
2025$0.00$0.00$0.12$0.00$0.00$0.12
2024$0.00$0.00$0.13$0.00$0.00$0.31$0.00$0.00$0.10$0.00$0.00$0.18$0.72
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$0.29$0.00$0.00$0.37$0.00$0.00$0.10$0.76
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.


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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 26.89%.


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 chart below shows the rolling one-month volatility.


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