EDC — Direxion Daily MSCI Emerging Markets Bull 3x Shares
Direxion Daily MSCI Emerging Markets Bull 3x Shares (ticker: EDC) is a equity ETF issued by Rafferty Asset Management tracking MSCI EM (Emerging Markets) (-300%). It was launched on 2008-12-17.
About EDC
The Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC) is an exchange-traded fund that aims to deliver 300% of the daily performance of the MSCI Emerging Markets Index. It invests in financial instruments that provide leveraged exposure to emerging markets equities. This ETF is designed for investors seeking magnified exposure to the daily price movements of emerging market stocks.
Investors might consider EDC to express a very short-term bullish view on the emerging markets equity sector. Due to its leveraged nature, the fund is subject to significant volatility and is typically not suitable for long-term holding periods.
- Tracks the MSCI EM (Emerging Markets) Index with 300% leveraged daily exposure.
- Holds 9 positions, primarily in swaps on the iShares MSCI Emerging Markets ETF.
- Total assets under management are $190M.
- Issued by Rafferty Asset Management, with an inception date of December 17, 2008.
- Has an expense ratio of 1.08%.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 5.30% |
| 1 Week | -19.09% |
| 1 Month | -13.15% |
| 3 Months | 34.59% |
| 6 Months | 53.43% |
| YTD | 47.78% |
| 1 Year | 128.38% |
| 3 Years | 179.07% |
| 5 Years | -17.69% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 2 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 3 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 4 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 5 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 6 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 7 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 8 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 9 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 10 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: Emerging Markets - Total Market |
| Region | Emerging Markets |
| Index Tracked | MSCI EM (Emerging Markets) (-300%) |
| Inception Date | 2008-12-17 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | EDC |
|---|---|
| Full Name | Direxion Daily MSCI Emerging Markets Bull 3x Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $174.80M |
| Inception | 2008-12-17 |
| Index Tracked | MSCI EM (Emerging Markets) (-300%) |
Frequently Asked Questions
What does EDC track?
EDC (Direxion Daily MSCI Emerging Markets Bull 3x Shares) tracks MSCI EM (Emerging Markets) (-300%), a equity benchmark.
What is the expense ratio of EDC?
EDC has an expense ratio of 0.01% per year.
What is the AUM of EDC?
EDC has approximately $174.80M in assets under management.
Does EDC pay a dividend?
EDC distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues EDC?
EDC is issued by Rafferty Asset Management under the Direxion brand, launched on 2008-12-17.
Open the interactive EDC dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.