Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC)

109.06
Delayed Data
As of May 18
 -2.66 / -2.38%
Today’s Change
81.25
Today|||52-Week Range
168.70
-13.27%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 300% of the daily performance of the MSCI Emerging Markets IndexSM. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index- exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalizations securities across the 24 emerging market countries. The fund is non-diversified.

No recent news for Direxion Daily MSCI Emerging Markets Bull 3X Shares.

Performance

1 month-13.36% 3 years-1.04%
3 months-22.87% 5 years-3.83%
1 year+40.02% Since inception+3.91%
Data through 05/19/2018

Quote Details

Previous close$111.72
Open day’s range107.81 – 109.61
Net asset value (NAV)108.76 (05/18/2018)
Daily volume180,643
Average volume (3 months)279,771
Data as of 6:30pm ET, 05/18/2018

Peer Comparisonvs. Trading--leveraged equity ETFs

 EDCCategory
Performance 5-yr return-3.83%+16.48%
Expense Gross exp ratio1.28%2.01%
Risk 5 year sharpe ratio0.16--
Net assets$327.9M$81.4M
Average market cap$35.7B$93.2B
Average P/E14.2--
Dividend / Share--0.31%

Competitors

PPLC Portfolio+ S&P 500® ETF
SFLAF iPath® Long Extended S&P 500® TR ETN
SPUU Direxion Daily S&P 500® Bull 2X Shares

Holdings

Top 5 Sectors
Portfolio weighting
Financial service 24.61%
Industrial materials 17.82%
Energy 16.50%
Telecommunication 12.26%
Hardware 11.10%
Top 10 Holdings
Portfolio weighting
EEM iShares MSCI Emerging Markets ETF70.35%
-- 1.10%
-- 0.80%
-- 0.37%
-- 0.30%