EURL
Direxion Daily FTSE Europe Bull 3X Shares
EURL provides 3X daily levered exposure to a market-cap-weighted index of companies in developed Europe.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
44.7 M
ASSETS UNDER MGMT
107 bp
EXPENSES
Fund Basics
Fund sponsor | Rafferty Asset Management |
Category | International |
Asset class | Equity |
Website | link... |
Inception date | Jan 22, 2014 |
Assets (mns) | $43 |
Expense ratio | 107 bp |
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Derivatives-based | Yes |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 07/31/2025)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
---|---|---|---|---|---|---|---|---|
Price Returns | 54.9% | 17.1% | 14.4% | 18.9% | 13.0% | -0.8% | -- | -2.1% |
Dividend Yield | 0.0% | 0.4% | 2.3% | 2.6% | 1.7% | 1.2% | -- | 1.1% |
Total Returns | 54.9% | 17.5% | 16.7% | 21.5% | 14.6% | 0.4% | -- | -1.0% | Ann. Volatility | 59.9% | 53.6% | 47.0% | 52.1% | 53.9% | 56.5% | -- | 55.1% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 2.61 | 55% |
MSCI EAFE | 2.92 | 77% |
MSCI Emg Mkts | 2.27 | 49% |
Liquidity Measures
Avg. volume (000) | 46 |
ADV traded (mns) | $2 |
Turnover | 3.8% |
Avg. Bid/Ask (% of price) | 0.43% |
Technical Indicators
Recent close | $37.23 |
30d moving avg. | $34.29 |
Annualized volatility | 54.1% |
Relative strength (RSI) | 60 |
Short interest | 4.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
Peer Group | Rules-Based International Equity ETFs |
# of ETFs | 152 |
Avg. Expense Ratio | 42.9 bp |
Std. Deviation | 24.3 bp |
EURL (107 bp) Percentile rank | 99 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
EURL | 107.0 | 43.2 | 150.2 |
Peer Avg. | 43.9 | 24.7 | 68.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .