DIREXION DAILY MSCI EMERGING MARKETS BULL 3X SHARES

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

EDC trades at 661.60 MXN today, its price has fallen −1.11% in the past 24 hours. Track more dynamics on EDC price chart.

EDC net asset value is 656.32 today — it's risen 29.64% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

EDC assets under management is ‪1.38 B‬ MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

EDC price has risen by 29.05% over the last month, and its yearly performance shows a 14.66% increase. See more dynamics on EDC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 29.64% over the last month, showed a −2.98% decrease in three-month performance and has increased by 15.85% in a year.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

EDC invests in cash. See more details in our Analysis section.

Yes, EDC is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EDC technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EDC shows the buy signal. See more of EDC technicals for a more comprehensive analysis.

Yes, EDC pays dividends to its holders with the dividend yield of 3.51%.

EDC trades at a premium (0.71%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

EDC shares are issued by Rafferty Asset Management LLC

EDC follows the MSCI EM (Emerging Markets). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Dec 17, 2008.