Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC)
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Learn moreETF Summary
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is designed to represent the performance of large- and mid-capitalization securities across 24 emerging market countries. The fund is non-diversified.
Risk Overview
Risk Overview Information Not Available
Performance & Risk
| YTD Return | 6.55% |
| 5y Average Return | -4.59% |
|---|---|
| Rank in Category (ytd) | -- |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 2.43 |
| Morningstar Risk Rating | -- |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
EDC | Category Average | EDC | Category Average | EDC | Category Average |
|
Alpha
|
5.95 | -- | -8.68 | -- | -13.52 | -- |
|
BETA
|
2.43 | -- | 2.18 | -- | 2.28 | -- |
|
Mean Annual Return
|
4.23 | -- | 1.28 | -- | 1.46 | -- |
|
R-squared
|
43.36 | -- | 41.35 | -- | 46.53 | -- |
|
Standard Deviation
|
47.27 | -- | 53.92 | -- | 52.97 | -- |
|
Sharpe Ratio
|
0.98 | -- | 0.21 | -- | 0.28 | -- |
|
Treynor Ratio
|
18.03 | -- | -1.11 | -- | 0.29 | -- |
