EDC
Direxion Daily MSCI Emerging Markets Bull 3x Shares·ARCA
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Key Stats
Assets Under Management
181.15MUSD
Fund Flows (1Y)
30.15MUSD
Dividend Yield
1.45%
Discount/Premium to NAV
0.16%
Shares Outstanding
2.68M
Expense Ratio
1.08%
About Direxion Daily MSCI Emerging Markets Bull 3x Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Dec 17, 2008
Structure
Open-Ended Fund
Index Tracked
MSCI Emerging Markets Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
EDC is an aggressive one-day bet on the widely followed MSCI Emerging Markets Index. The fund promises to provide 300% of the return of the index, which is a cap-weighted composite of emerging markets firms covering 85% of the market cap in those countries every day. This means heavy exposure to financials and technology, as well as to firms in China, South Korea, and Taiwan. As with most leveraged funds, it's designed to provide this exposure only for one trading day. Holding the fund for longer than one day will expose investors to the effects of compounding and may create significant drift between the expected return and what is actually realized. Also, consider that EDC is designed to be a short-term trading vehicle, not a long-term investment, so trading costs have a bigger impact than the expense ratio.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Vanilla
Geography
Emerging Markets
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +22.91% | +19.37% | +16.72% | +122.64% | +75.10% | -37.00% |
NAV Total Return | +23.95% | +22.04% | +14.44% | +130.27% | +97.61% | -27.06% |
Ratings
No data is currently available
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Holdings Analysis
Sector
Financial Services
23.84%
Technology
23.77%
Consumer Cyclical
11.23%
Industrials
11.01%
Communication Services
7.40%
Basic Materials
5.96%
Consumer Defensive
4.28%
Healthcare
4.28%
Energy
3.51%
Financial Services
23.84%
Technology
23.77%
Consumer Cyclical
11.23%
Industrials
11.01%
Communication Services
7.40%
Basic Materials
5.96%
Consumer Defensive
4.28%
Healthcare
4.28%
Energy
3.51%
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Asset
Region
0.14%
Category
Ratio
Europe
0.14%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Large-Cap Blend
Invests in large-cap companies with both growth and value characteristics. These ETFs offer diversified exposure to stable, well-established companies.
Top 10 Holdings
Symbol
Ratio
ISHARES MSCI EMERGING MARKETS ETF SWAP
109.24%
DREYFUS GOVT CASH MAN INS
50.85%
GOLDMAN FINL SQ TRSRY INST 506
29.45%
GOLDMAN SACHS FIN GOV 465 INSTITUT
9.64%
EEM
iShares MSCI Emerging Markets ETF
7.68%
Top 10 Weight 206.86%
5 Total Holdings
Is SPY better than EDC?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-23 | 2025-12-23 | 2025-12-31 | 0.098 |
| 2025-09-23 | 2025-09-23 | 2025-09-30 | 0.197 |
| 2025-06-24 | 2025-06-24 | 2025-07-01 | 0.249 |
| 2025-03-25 | 2025-03-25 | 2025-04-01 | 0.435 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.127 |
| 2024-09-24 | 2024-09-24 | 2024-10-01 | 0.246 |
| 2024-06-25 | 2024-06-25 | 2024-07-02 | 0.294 |
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How Much Does EDC Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy EDC?
Fund Flows
