EDC vs. NVDG
Compare and contrast key facts about Direxion Daily Emerging Markets Bull 3X Shares (EDC) and Leverage Shares 2X Long NVDA Daily ETF (NVDG).
EDC and NVDG 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. NVDG is an actively managed fund by Leverage Shares. It was launched on Dec 12, 2024.
Performance
EDC vs. NVDG - Performance Comparison
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EDC vs. NVDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EDC Direxion Daily Emerging Markets Bull 3X Shares | 5.49% | 94.58% | -10.44% |
NVDG Leverage Shares 2X Long NVDA Daily ETF | -16.59% | 32.45% | -0.75% |
Returns By Period
In the year-to-date period, EDC achieves a 5.49% return, which is significantly higher than NVDG's -16.59% 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%
NVDG
- 1D
- 1.56%
- 1M
- -8.92%
- YTD
- -16.59%
- 6M
- -22.21%
- 1Y
- 91.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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EDC vs. NVDG - Expense Ratio Comparison
EDC has a 1.33% expense ratio, which is higher than NVDG's 0.75% expense ratio.
Return for Risk
EDC vs. NVDG — Risk / Return Rank
EDC
NVDG
EDC vs. NVDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bull 3X Shares (EDC) and Leverage Shares 2X Long NVDA Daily ETF (NVDG). 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 | NVDG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 1.13 | +0.33 |
Sortino ratioReturn per unit of downside risk | 1.97 | 1.89 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.24 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.36 | 2.25 | +0.11 |
Martin ratioReturn relative to average drawdown | 8.36 | 5.38 | +2.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EDC | NVDG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 1.13 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | 0.08 | -0.08 |
Correlation
The correlation between EDC and NVDG is 0.50, 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. NVDG - Dividend Comparison
EDC's dividend yield for the trailing twelve months is around 1.62%, less than NVDG's 14.16% yield.
| 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% |
NVDG Leverage Shares 2X Long NVDA Daily ETF | 14.16% | 11.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EDC vs. NVDG - Drawdown Comparison
The maximum EDC drawdown since its inception was -92.54%, which is greater than NVDG's maximum drawdown of -66.19%. Use the drawdown chart below to compare losses from any high point for EDC and NVDG.
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Drawdown Indicators
| EDC | NVDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.54% | -66.19% | -26.35% |
Max Drawdown (1Y)Largest decline over 1 year | -37.98% | -42.72% | +4.74% |
Max Drawdown (5Y)Largest decline over 5 years | -81.10% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -87.01% | — | — |
Current DrawdownCurrent decline from peak | -77.61% | -35.41% | -42.20% |
Average DrawdownAverage peak-to-trough decline | -65.33% | -24.03% | -41.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.73% | 17.91% | -7.18% |
Volatility
EDC vs. NVDG - Volatility Comparison
Direxion Daily Emerging Markets Bull 3X Shares (EDC) has a higher volatility of 28.32% compared to Leverage Shares 2X Long NVDA Daily ETF (NVDG) at 20.81%. This indicates that EDC's price experiences larger fluctuations and is considered to be riskier than NVDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDC | NVDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.32% | 20.81% | +7.51% |
Volatility (6M)Calculated over the trailing 6-month period | 45.36% | 50.85% | -5.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.25% | 81.32% | -21.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.21% | 92.39% | -37.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.13% | 92.39% | -32.26% |