(EDC) Direxion Daily MSCI - NYSE
ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 175m USD | Total Return: 135.2% in 12m
Avg Turnover: 10.6M
Warnings
No concerns identified
Tailwinds
Rs Leader, Tailwind, Pullback Swing
The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the MSCI Emerging Markets Index. The fund allocates at least 80% of its assets to financial derivatives, such as swap agreements and index-tracking securities, to achieve its daily investment objective. This non-diversified vehicle focuses on large- and mid-capitalization equities across 24 developing nations.
Leveraged ETFs utilize debt and derivatives to amplify short-term returns, which results in significant volatility and the risk of rapid capital erosion if the underlying index declines. Because these instruments reset daily, the effects of compounding can cause long-term performance to deviate substantially from three times the indexs cumulative return. For deeper insights into these risk factors, consider reviewing the detailed metrics available on ValueRay. Emerging market exposure specifically introduces unique risks related to currency fluctuations and varying regulatory standards in international jurisdictions.
- China economic stimulus and equity market performance drive underlying index returns
- Federal Reserve interest rate policy impacts emerging market capital flows
- US Dollar strength or weakness dictates emerging market currency valuations
- Leveraged daily rebalancing costs erode long-term performance during high volatility
As of June 12, 2026, the stock is trading at USD 87.00 with a total of 146,109 shares traded.
Over the past week, the price has changed by -8.69%,
over one month by -6.19%,
over three months by +35.80% and
over the past year by +135.23%.
Direxion Daily MSCI has no consensus analysts rating.