(EDC) Direxion Daily MSCI - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 190m USD | Total Return: 184.6% in 12m
Avg Turnover: 11.3M
Warnings
Choppy
Tailwinds
Rs Leader, Tailwind
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, including swap agreements and index-tracking securities, to achieve its aggressive daily return objective.
The underlying index targets large- and mid-capitalization equities across 24 developing economies, offering exposure to regions with higher growth potential but increased volatility compared to developed markets. Because the fund utilizes daily rebalancing, its long-term performance can deviate significantly from the triple return of the index due to the effects of compounding and volatility decay.
Investors can analyze how these compounding effects impact long-term holdings by reviewing the historical performance data available on ValueRay. This non-diversified fund is primarily used as a short-term tactical tool for traders seeking magnified exposure to emerging market price movements.
- Chinese economic growth and stimulus measures drive emerging market equity demand
- Federal Reserve interest rate policy shifts impact emerging market currency stability
- Leveraged daily compounding increases tracking error volatility during extended market turbulence
- Geopolitical tensions in Taiwan and South Korea affect major index constituents
- Global commodity price fluctuations influence revenue for resource-dependent emerging economies
As of May 29, 2026, the stock is trading at USD 93.70 with a total of 145,562 shares traded.
Over the past week, the price has changed by +14.18%,
over one month by +25.47%,
over three months by +19.51% and
over the past year by +184.60%.
Direxion Daily MSCI has no consensus analysts rating.