EDC vs. CSKR.L

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily Emerging Markets Bull 3X Shares (EDC) and iShares MSCI Korea UCITS ETF (Acc) (CSKR.L).

EDC and CSKR.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDC is a passively managed fund by Direxion that tracks the performance of the MSCI Emerging Markets Index (300%). It was launched on Dec 17, 2008. CSKR.L is a passively managed fund by iShares that tracks the performance of the MSCI Korea NR USD. It was launched on Aug 24, 2010. Both EDC and CSKR.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EDC vs. CSKR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Emerging Markets Bull 3X Shares (EDC) and iShares MSCI Korea UCITS ETF (Acc) (CSKR.L). The values are adjusted to include any dividend payments, if applicable.

EDC vs. CSKR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDC Direxion Daily Emerging Markets Bull 3X Shares	5.49%	94.58%	-2.00%	7.48%	-60.25%	-20.81%	6.49%	43.92%	-49.87%	138.61%
CSKR.L iShares MSCI Korea UCITS ETF (Acc)	31.22%	99.44%	-22.66%	19.75%	-28.52%	-8.24%	44.24%	10.58%	-19.38%	44.22%

Returns By Period

In the year-to-date period, EDC achieves a 5.49% return, which is significantly lower than CSKR.L's 31.22% return. Over the past 10 years, EDC has underperformed CSKR.L with an annualized return of 2.42%, while CSKR.L has yielded a comparatively higher 12.52% annualized return.

EDC

• 1D: 2.14%
• 1M: -23.01%
• YTD: 5.49%
• 6M: 10.46%
• 1Y: 87.48%
• 3Y*: 26.12%
• 5Y*: -8.88%
• 10Y*: 2.42%

CSKR.L

• 1D: 10.13%
• 1M: -11.58%
• YTD: 31.22%
• 6M: 62.22%
• 1Y: 143.28%
• 3Y*: 31.02%
• 5Y*: 8.77%
• 10Y*: 12.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDC vs. CSKR.L - Expense Ratio Comparison

EDC has a 1.33% expense ratio, which is higher than CSKR.L's 0.65% expense ratio.

EDC

Direxion Daily Emerging Markets Bull 3X Shares

CSKR.L

iShares MSCI Korea UCITS ETF (Acc)

Return for Risk

EDC vs. CSKR.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDC

EDC Risk / Return Rank: 76
EDC Sharpe Ratio Rank: 77
EDC Sortino Ratio Rank: 75
EDC Omega Ratio Rank: 73
EDC Calmar Ratio Rank: 80
EDC Martin Ratio Rank: 75

CSKR.L

CSKR.L Risk / Return Rank: 98
CSKR.L Sharpe Ratio Rank: 99
CSKR.L Sortino Ratio Rank: 98
CSKR.L Omega Ratio Rank: 98
CSKR.L Calmar Ratio Rank: 98
CSKR.L Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDC vs. CSKR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bull 3X Shares (EDC) and iShares MSCI Korea UCITS ETF (Acc) (CSKR.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EDC	CSKR.L	Difference
Sharpe ratio Return per unit of total volatility	1.46	4.28	-2.82
Sortino ratio Return per unit of downside risk	1.97	4.55	-2.58
Omega ratio Gain probability vs. loss probability	1.28	1.65	-0.37
Calmar ratio Return relative to maximum drawdown	2.36	6.24	-3.88
Martin ratio Return relative to average drawdown	8.36	25.15	-16.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDC vs. CSKR.L - Sharpe Ratio Comparison

The current EDC Sharpe Ratio is 1.46, which is lower than the CSKR.L Sharpe Ratio of 4.28. The chart below compares the historical Sharpe Ratios of EDC and CSKR.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EDC	CSKR.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	4.28	-2.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	0.33	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.54	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	0.37	-0.37

Correlation

The correlation between EDC and CSKR.L is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EDC vs. CSKR.L - Dividend Comparison

EDC's dividend yield for the trailing twelve months is around 1.62%, while CSKR.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDC Direxion Daily Emerging Markets Bull 3X Shares	1.62%	1.79%	3.94%	3.54%	0.00%	0.18%	0.44%	0.97%	0.78%	0.25%
CSKR.L iShares MSCI Korea UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EDC vs. CSKR.L - Drawdown Comparison

The maximum EDC drawdown since its inception was -92.54%, which is greater than CSKR.L's maximum drawdown of -50.88%. Use the drawdown chart below to compare losses from any high point for EDC and CSKR.L.

Drawdown Indicators

	EDC	CSKR.L	Difference
Max Drawdown Largest peak-to-trough decline	-92.54%	-50.88%	-41.66%
Max Drawdown (1Y) Largest decline over 1 year	-37.98%	-23.16%	-14.82%
Max Drawdown (5Y) Largest decline over 5 years	-81.10%	-49.26%	-31.84%
Max Drawdown (10Y) Largest decline over 10 years	-87.01%	-50.88%	-36.13%
Current Drawdown Current decline from peak	-77.61%	-15.38%	-62.23%
Average Drawdown Average peak-to-trough decline	-65.33%	-21.80%	-43.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.73%	5.75%	+4.98%

Volatility

EDC vs. CSKR.L - Volatility Comparison

Direxion Daily Emerging Markets Bull 3X Shares (EDC) has a higher volatility of 28.32% compared to iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) at 17.75%. This indicates that EDC's price experiences larger fluctuations and is considered to be riskier than CSKR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDC	CSKR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.32%	17.75%	+10.57%
Volatility (6M) Calculated over the trailing 6-month period	45.36%	28.78%	+16.58%
Volatility (1Y) Calculated over the trailing 1-year period	60.25%	33.34%	+26.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.21%	26.96%	+28.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.13%	28.38%	+31.75%