EDC vs. URAA

Last updated Jul 15, 2026

EDC (Direxion Daily Emerging Markets Bull 3X Shares) and URAA (Direxion Daily Uranium Industry Bull 2X Shares) are both exchange-traded funds - EDC is a Leveraged Equities fund tracking the MSCI Emerging Markets Index (300%), while URAA is a Uranium fund tracking the Solactive United States Uranium and Nuclear Energy ETF Select Index (200%). Both are passively managed. Over the past year, EDC returned 100.13% vs -11.20% for URAA. A 0.56 correlation means they provide meaningful diversification when combined. EDC charges 1.33%/yr vs 1.28%/yr for URAA.

Performance

EDC vs. URAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Emerging Markets Bull 3X Shares (EDC) and Direxion Daily Uranium Industry Bull 2X Shares (URAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDC achieves a 43.00% return, which is significantly higher than URAA's -25.28% return.

EDC

• 1D: 5.21%
• 1M: -11.97%
• 6M: 24.00%
• YTD: 43.00%
• 1Y: 100.13%
• 3Y*: 35.75%
• 5Y*: -3.04%
• 10Y*: 4.53%

URAA

• 1D: 4.02%
• 1M: -17.19%
• 6M: -45.16%
• YTD: -25.28%
• 1Y: -11.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDC vs. URAA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EDC Direxion Daily Emerging Markets Bull 3X Shares	43.00%	94.58%	-10.92%
URAA Direxion Daily Uranium Industry Bull 2X Shares	-25.28%	88.33%	-25.73%

Correlation

The correlation between EDC and URAA is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024	0.56

The correlation between EDC and URAA has been stable across timeframes, ranging from 0.56 to 0.56 - a consistent structural relationship.

EDC vs. URAA - Sectors Allocation Comparison

Sectors	EDC	URAA
Technology	32.7%	1.0%
Financial Services	20.8%	-
Consumer Cyclical	10.3%	-
Communication Services	7.8%	-
Industrials	7.3%	17.0%
Basic Materials	7.0%	2.9%
Energy	4.4%	62.5%
Consumer Defensive	3.2%	-
Healthcare	3.2%	-
Utilities	2.2%	16.6%
Real Estate	1.1%	-

Return for Risk

EDC vs. URAA — Risk / Return Rank

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

EDC

EDC Risk / Return Rank: 56
EDC Sharpe Ratio Rank: 52
EDC Sortino Ratio Rank: 47
EDC Omega Ratio Rank: 55
EDC Calmar Ratio Rank: 66
EDC Martin Ratio Rank: 59

URAA

URAA Risk / Return Rank: 10
URAA Sharpe Ratio Rank: 8
URAA Sortino Ratio Rank: 13
URAA Omega Ratio Rank: 13
URAA Calmar Ratio Rank: 8
URAA Martin Ratio Rank: 8

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. URAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bull 3X Shares (EDC) and Direxion Daily Uranium Industry Bull 2X Shares (URAA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EDC	URAA	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-0.12	+1.55
Sortino ratio: Return per unit of downside risk	1.92	0.52	+1.40
Omega ratio: Gain probability vs. loss probability	1.27	1.06	+0.21
Calmar ratio: Return relative to maximum drawdown	2.65	-0.18	+2.83
Martin ratio: Return relative to average drawdown	8.19	-0.34	+8.53

EDC vs. URAA - Sharpe Ratio Comparison

The current EDC Sharpe Ratio is 1.43, which is higher than the URAA Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of EDC and URAA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EDC vs. URAA - Drawdown Comparison

The maximum EDC drawdown since its inception was -92.54%, which is greater than URAA's maximum drawdown of -67.45%. Use the drawdown chart below to compare losses from any high point for EDC and URAA.

Drawdown Indicators

	EDC	URAA	Difference
Max Drawdown Largest peak-to-trough decline	-92.54%	-67.45%	-25.09%
Max Drawdown (1Y) Largest decline over 1 year	-37.98%	-63.83%	+25.85%
Max Drawdown (3Y) Largest decline over 3 years	-49.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.33%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-87.01%	—	—
Current Drawdown Current decline from peak	-69.65%	-62.37%	-7.28%
Average Drawdown Average peak-to-trough decline	-65.35%	-28.76%	-36.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.27%	32.77%	-20.50%

Volatility

EDC vs. URAA - Volatility Comparison

Direxion Daily Emerging Markets Bull 3X Shares (EDC) has a higher volatility of 31.98% compared to Direxion Daily Uranium Industry Bull 2X Shares (URAA) at 20.84%. This indicates that EDC's price experiences larger fluctuations and is considered to be riskier than URAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDC	URAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.98%	20.84%	+11.14%
Volatility (6M) Calculated over the trailing 6-month period	65.36%	73.06%	-7.70%
Volatility (1Y) Calculated over the trailing 1-year period	70.51%	96.30%	-25.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.10%	89.14%	-30.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.32%	89.14%	-27.82%

EDC vs. URAA - Expense Ratio Comparison

EDC has a 1.33% expense ratio, which is higher than URAA's 1.28% expense ratio.

Dividends

EDC vs. URAA - Dividend Comparison

EDC's dividend yield for the trailing twelve months is around 1.39%, less than URAA's 13.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDC Direxion Daily Emerging Markets Bull 3X Shares	1.39%	1.79%	3.94%	3.54%	0.00%	0.18%	0.44%	0.97%	0.78%	0.25%
URAA Direxion Daily Uranium Industry Bull 2X Shares	13.48%	9.14%	4.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EDC and URAA in my portfolio?

EDC and URAA have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDC or URAA?

EDC has higher volatility (31.98%) compared to URAA (20.84%). In terms of maximum drawdown, EDC dropped -92.54% vs URAA's -67.45%.

Which ETF is better, EDC or URAA?

On 1-year performance, EDC leads with 100.13% vs -11.20% for URAA. On fees, URAA is cheaper at 1.28% per year. On volatility, URAA has been the lower-risk option at 20.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDC or URAA?

Over the 1-year period, EDC has performed better with a 100.13% return vs -11.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDC or URAA?

URAA is cheaper with a 1.28% expense ratio, compared with 1.33% for EDC.

Which ETF pays a higher dividend yield, EDC or URAA?

URAA has the higher dividend yield at 13.48%, compared with 1.39% for EDC.

What is the main difference between EDC and URAA?

EDC is categorized as Leveraged Equities, while URAA is Uranium. EDC tracks MSCI Emerging Markets Index (300%), while URAA tracks Solactive United States Uranium and Nuclear Energy ETF Select Index (200%). Their fees differ too: 1.33% for EDC and 1.28% for URAA.

Which has better risk-adjusted returns?

EDC currently has the higher Sharpe Ratio (1.43 vs -0.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.