Key stats
About DIREXION DAILY MSCI EMERGING MARKETS BULL 3X SHARES
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Inception date
Dec 17, 2008
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash103.00%
ETF7.01%
Miscellaneous−10.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EDC last dividends amounted to 8.75 MXN. The quarter before, the issuer paid 2.56 MXN in dividends, which shows a 70.71% increase.
Yes, EDC pays dividends to its holders with the dividend yield of 3.51%. The last dividend (Apr 1, 2025) amounted to 8.75 MXN. The dividends are paid quarterly.
EDC shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Dec 17, 2008, and its management style is Passive.
EDC expense ratio is 1.08% meaning you'd have to pay 1.08% of your investment to help manage the fund.
EDC follows the MSCI EM (Emerging Markets). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EDC invests in cash.
EDC price has risen by 24.21% over the last month, and its yearly performance shows a 15.78% 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.
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.
EDC trades at a premium (0.71%) meaning the ETF is trading at a higher price than the calculated NAV.