EDC vs. EET
Compare and contrast key facts about Direxion Daily Emerging Markets Bull 3X Shares (EDC) and ProShares Ultra MSCI Emerging Markets (EET).
EDC and EET 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. EET is a passively managed fund by ProShares that tracks the performance of the MSCI Emerging Markets Index (200%). It was launched on Jun 2, 2009. Both EDC and EET are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDC or EET.
Correlation
The correlation between EDC and EET is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

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EDC vs. EET - Performance Comparison
Key characteristics
EDC:
-0.35
EET:
-0.23
EDC:
-0.18
EET:
-0.09
EDC:
0.98
EET:
0.99
EDC:
-0.20
EET:
-0.14
EDC:
-1.02
EET:
-0.68
EDC:
18.06%
EET:
11.92%
EDC:
52.06%
EET:
34.85%
EDC:
-92.54%
EET:
-71.66%
EDC:
-90.66%
EET:
-59.08%
Returns By Period
In the year-to-date period, EDC achieves a -14.36% return, which is significantly lower than EET's -8.36% return. Over the past 10 years, EDC has underperformed EET with an annualized return of -12.57%, while EET has yielded a comparatively higher -4.07% annualized return.
EDC
-14.36%
-26.07%
-39.08%
-17.39%
-0.12%
-12.57%
EET
-8.36%
-17.79%
-26.35%
-7.60%
4.23%
-4.07%
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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EDC vs. EET - Expense Ratio Comparison
EDC has a 1.33% expense ratio, which is higher than EET's 0.95% expense ratio.
Risk-Adjusted Performance
EDC vs. EET — Risk-Adjusted Performance Rank
EDC
EET
EDC vs. EET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bull 3X Shares (EDC) and ProShares Ultra MSCI Emerging Markets (EET). 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.
Dividends
EDC vs. EET - Dividend Comparison
EDC's dividend yield for the trailing twelve months is around 4.53%, more than EET's 4.19% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
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Drawdowns
EDC vs. EET - Drawdown Comparison
The maximum EDC drawdown since its inception was -92.54%, which is greater than EET's maximum drawdown of -71.66%. Use the drawdown chart below to compare losses from any high point for EDC and EET. For additional features, visit the drawdowns tool.
Volatility
EDC vs. EET - Volatility Comparison
The current volatility for Direxion Daily Emerging Markets Bull 3X Shares (EDC) is NaN%, while ProShares Ultra MSCI Emerging Markets (EET) has a volatility of NaN%. This indicates that EDC experiences smaller price fluctuations and is considered to be less risky than EET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with EDC or EET
Recent discussions
Dividend Paying Stock Portfolio
4803heights
Bonds (BND and/or BNDX) are greatly favored over stocks by the optimizer
I have not seem many orange lines winning against original or benchmark no matter what I do. But the software seems to be doing something when all is stock or stock ETFs. However, Bonds and Stocks don't work well together. The moment I add BND or BNDX, the optimizer puts almost all of the weight in the bonds. I ran out of the free limit of calculations.
Maybe it's a message we all need to hear: invest in bond ETFs. Maybe I'm not using the tool correctly. Maybe there is something wrong with the tool.
I don't know.
-- Fred
Fred
Return and Dividend Calculation
Farshad