EDC

Direxion Daily MSCI Emerging Markets Bull 3x Shares

EDC provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets.

Emerging Market

EQUITY

Rules-Based

MANAGEMENT STYLE

73.4 M

ASSETS UNDER MGMT

120 bp

EXPENSES
Fund Basics
Fund sponsorRafferty Asset Management
CategoryEmerging
Asset classEquity
Websitelink...
Inception dateDec 17, 2008
Assets (mns)$68
Expense ratio120 bp
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Derivatives-basedYes
Options availableYes
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
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Standardized Performance (as of 05/31/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 13.7% 5.5% 8.8% -9.9% -2.7% -10.6% -- -6.4%
Dividend Yield 1.5% 3.6% 4.1% 2.6% 1.7% 1.1% -- 1.9%
Total Returns 15.2% 9.0% 12.9% -7.3% -0.9% -9.5% -- -4.5%
Ann. Volatility 67.1% 58.0% 51.3% 53.9% 56.8% 61.8% -- 68.1%
Market Correlations
versus...BetaR-squared
S&P 5002.0241%
MSCI EAFE2.3358%
MSCI Emg Mkts2.9591%
Liquidity Measures
Avg. volume (000)80
ADV traded (mns)$3
Turnover3.8%
Avg. Bid/Ask (% of price)0.20%
Technical Indicators
Recent close$35.27
30d moving avg.$31.69
Annualized volatility53.0%
Relative strength (RSI)53
Short interest8.6%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Rules-Based
Emerging Market Equity ETFs
# of ETFs 103
Avg. Expense Ratio 64.6 bp
Std. Deviation 29 bp
EDC (120 bp) Percentile rank 97
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
EDC 120.0 20.4 140.4
Peer Avg. 59.6 31.6 91.2
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .