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EDIV vs. EDC
Performance
Return for Risk
Dividends
Drawdowns
Volatility

EDIV vs. EDC

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR S&P Emerging Markets Dividend ETF (EDIV) and Direxion Daily Emerging Markets Bull 3X Shares (EDC).

EDIV and EDC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011. 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. Both EDIV and EDC 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

EDIV vs. EDC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Emerging Markets Dividend ETF (EDIV) and Direxion Daily Emerging Markets Bull 3X Shares (EDC). The values are adjusted to include any dividend payments, if applicable.

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EDIV vs. EDC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EDIV
SPDR S&P Emerging Markets Dividend ETF		1.86%16.45%12.75%41.91%-15.31%11.21%-9.95%11.80%-6.16%28.20%
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%

Returns By Period

In the year-to-date period, EDIV achieves a 1.86% return, which is significantly lower than EDC's 5.49% return. Over the past 10 years, EDIV has outperformed EDC with an annualized return of 8.40%, while EDC has yielded a comparatively lower 2.42% annualized return.

EDIV

1D
0.20%
1M
-5.30%
YTD
1.86%
6M
3.56%
1Y
15.65%
3Y*
20.17%
5Y*
10.65%
10Y*
8.40%

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

Compare stocks, funds, or ETFs

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

SPDR S&P Emerging Markets Dividend ETF

Direxion Daily Emerging Markets Bull 3X Shares

Often compared with EDIV:
EDIV vs. VWOEDIV vs. EEMSEDIV vs. VOOEDIV vs. EYLDEDIV vs. EEMEDIV vs. XCEMEDIV vs. FEMS
Often compared with EDC:
EDC vs. EDZEDC vs. EEMEDC vs. EETEDC vs. YINNEDC vs. TMFEDC vs. UPROEDC vs. SOXL

EDIV vs. EDC - Expense Ratio Comparison

EDIV has a 0.49% expense ratio, which is lower than EDC's 1.33% expense ratio.

EDC
Direxion Daily Emerging Markets Bull 3X Shares
EDIV
SPDR S&P Emerging Markets Dividend ETF

Return for Risk

EDIV vs. EDC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EDIV
EDIV Risk / Return Rank: 6060
Overall Rank
EDIV Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
EDIV Sortino Ratio Rank: 6161
Sortino Ratio Rank
EDIV Omega Ratio Rank: 6161
Omega Ratio Rank
EDIV Calmar Ratio Rank: 5959
Calmar Ratio Rank
EDIV Martin Ratio Rank: 5656
Martin Ratio Rank
EDC
EDC Risk / Return Rank: 7676
Overall Rank
EDC Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
EDC Sortino Ratio Rank: 7575
Sortino Ratio Rank
EDC Omega Ratio Rank: 7373
Omega Ratio Rank
EDC Calmar Ratio Rank: 8080
Calmar Ratio Rank
EDC Martin Ratio Rank: 7575
Martin Ratio Rank
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.

EDIV vs. EDC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Dividend ETF (EDIV) and Direxion Daily Emerging Markets Bull 3X Shares (EDC). 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.

EDIVEDCDifference

Sharpe ratio

Return per unit of total volatility

1.14

1.46

-0.32

Sortino ratio

Return per unit of downside risk

1.61

1.97

-0.35

Omega ratio

Gain probability vs. loss probability

1.23

1.28

-0.05

Calmar ratio

Return relative to maximum drawdown

1.57

2.36

-0.79

Martin ratio

Return relative to average drawdown

5.68

8.36

-2.68

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDIV vs. EDC - Sharpe Ratio Comparison

The current EDIV Sharpe Ratio is 1.14, which is comparable to the EDC Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of EDIV and EDC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

EDIVEDCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.14

1.46

-0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

-0.16

+0.94

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.48

0.04

+0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

0.15

-0.00

+0.15

Correlation

The correlation between EDIV and EDC is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EDIV vs. EDC - Dividend Comparison

EDIV's dividend yield for the trailing twelve months is around 4.70%, more than EDC's 1.62% yield.

TTM20252024202320222021202020192018201720162015
EDIV
SPDR S&P Emerging Markets Dividend ETF		4.70%4.69%3.94%4.26%4.94%3.84%3.52%3.83%3.41%2.99%4.94%5.33%
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%0.00%0.00%

Drawdowns

EDIV vs. EDC - Drawdown Comparison

The maximum EDIV drawdown since its inception was -53.36%, smaller than the maximum EDC drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for EDIV and EDC.

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Drawdown Indicators

EDIVEDCDifference

Max Drawdown

Largest peak-to-trough decline

-53.36%

-92.54%

+39.18%

Max Drawdown (1Y)

Largest decline over 1 year

-10.36%

-37.98%

+27.62%

Max Drawdown (5Y)

Largest decline over 5 years

-28.32%

-81.10%

+52.78%

Max Drawdown (10Y)

Largest decline over 10 years

-40.76%

-87.01%

+46.25%

Current Drawdown

Current decline from peak

-8.17%

-77.61%

+69.44%

Average Drawdown

Average peak-to-trough decline

-19.53%

-65.33%

+45.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

10.73%

-7.86%

Volatility

EDIV vs. EDC - Volatility Comparison

The current volatility for SPDR S&P Emerging Markets Dividend ETF (EDIV) is 5.79%, while Direxion Daily Emerging Markets Bull 3X Shares (EDC) has a volatility of 28.32%. This indicates that EDIV experiences smaller price fluctuations and is considered to be less risky than EDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EDIVEDCDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.79%

28.32%

-22.53%

Volatility (6M)

Calculated over the trailing 6-month period

9.12%

45.36%

-36.24%

Volatility (1Y)

Calculated over the trailing 1-year period

13.76%

60.25%

-46.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.81%

55.21%

-41.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.58%

60.13%

-42.55%