Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC)

NYSEARCA: EDC · Real-Time Price · USD
34.08
-0.60 (-1.73%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-1.73%
Assets $86.94M
Expense Ratio 1.13%
PE Ratio 12.48
Shares Out 2.43M
Dividend (ttm) $1.15
Dividend Yield 3.44%
Ex-Dividend Date Sep 24, 2024
Payout Ratio 42.12%
1-Year Return +48.43%
Volume 60,688
Open 34.35
Previous Close 34.68
Day's Range 33.40 - 34.35
52-Week Low 23.98
52-Week High 41.94
Beta 2.22
Holdings 9
Inception Date Dec 17, 2008

About EDC

Fund Home Page

The Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is issued by Direxion.

Asset Class Equity
Category Trading--Leveraged Equity
Region Emerging Markets
Stock Exchange NYSEARCA
Ticker Symbol EDC
ETF Provider Direxion
Index Tracked MSCI Emerging Markets

Dividends

Ex-Dividend Amount Pay Date
Sep 24, 2024 $0.24602 Oct 1, 2024
Jun 25, 2024 $0.29368 Jul 2, 2024
Mar 19, 2024 $0.46796 Mar 26, 2024
Dec 21, 2023 $0.14247 Dec 29, 2023
Sep 19, 2023 $0.2968 Sep 26, 2023
Jun 21, 2023 $0.29784 Jun 28, 2023
Full Dividend History

News

Interest in Emerging Markets Growing Ahead of Rate Cuts

With U.S. Federal Reserve rate cuts looming, emerging markets (EM) are garnering interest from capital markets. This gives traders various options when looking at profitable opportunities in the EM sp...

Other symbols: EDZINDLYANGYINN
6 weeks ago - ETF Trends

Build Off Future EM Growth With This Leveraged ETF

Looming interest rate cuts instituted by the Federal Reserve should help prop up emerging markets (EM) in the short-term horizon. However, the long-term case is also erring on the side of bullishness,...

Other symbols: EDZ
2 months ago - ETF Trends

Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures

Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.

8 months ago - Seeking Alpha

EM Central Banks: More Easing In The Cards?

Emerging markets have taken solace in the view that the U.S. hiking cycle is over, helping deliver strong returns in 2023. Slowing global inflation has been due to sharply lower core goods inflation, ...

Other symbols: EDZEEMEEVEMFEPIESGEEUM
9 months ago - Seeking Alpha

Emerging Markets Conclude 2023 On Better Note Than Developed Markets

Emerging markets will also be looking closely at economic conditions in mainland China, which will be a key determinant of broader emerging market growth in 2024. A key reason for diverging emerging a...

Other symbols: EDZEEMEEVEMFEPIEUMIEMG
10 months ago - Seeking Alpha

Emerging Markets Insights: From BRICS To BRICS+

The opportunity set is wide and growing wider in emerging markets, according to Franklin Templeton Emerging Markets Equity. The BRICS summit in South Africa in August announced the expansion of the gr...

Other symbols: EEDZEEMEPIIEMGINDAINDL
1 year ago - Seeking Alpha

Emerging Markets Funds See Top 10 Weekly Outflow On Record

Emerging Markets Funds are made up of funds that seek long-term capital appreciation. Nigeria and Emerging Markets Europe have been the two areas that have seen the highest year-to-date and May return...

1 year ago - Seeking Alpha

Emerging Markets Insights: Emerging Market Banks Are Resilient

The liquidity crisis impacting selected developed market banks has unnerved emerging market investors. Markets have recovered from the turmoil following the liquidity crisis impacting some banks in th...

Other symbols: EDZEEMEETEEVEMFEPIESGE
1 year ago - Seeking Alpha

Brighter Backdrop For Emerging Assets

Emerging markets have weathered tightening financial conditions. We now see a relatively good backdrop for EM assets as EM rates peak and China reopens.

1 year ago - Seeking Alpha

Emerging Markets Equities: Positioned For A Rebound?

In an economic downturn, higher-growth EM stocks that have derated and have strong and stable earnings could outperform, in our opinion. In China, we are cautiously positive on possible policy changes...

1 year ago - Seeking Alpha

EDC: One To Consider In 2023

Emerging markets are likely to do well in the coming decade due to reasonably low valuations. Emerging markets have declined for decades versus the S&P 500, but that could be reversing.

1 year ago - Seeking Alpha

Emerging Market Equities - Why Now?

Emerging markets remain resilient despite headwinds, but many investors have shied away from the asset class. We believe emerging markets are better positioned to weather current challenges versus dev...

2 years ago - Seeking Alpha

Earnings Matter In Emerging Markets

It's been more than a year since the initial outbreak of COVID-19, but the global pandemic continues to challenge economies and their health care systems.

3 years ago - Seeking Alpha

Portfolio Capital Flows To Emerging Markets Amid The Pandemic

Among the most notable economic responses to the COVID-19 pandemic has been the turnaround in capital flows to emerging markets. A sudden reversal in portfolio flows of over $100 billion to these coun...

4 years ago - Seeking Alpha

Pandemic Accelerates New Economic Landscape For Emerging Markets

As investors digest the latest developments and potential implications from the coronavirus, leading emerging markets have demonstrated resilience in the face of uncertainty. The very nature of emergi...

Other symbols: EEMIEMGSCHEVWO
4 years ago - Seeking Alpha

Wall Street Remains Bullish On China

Among Direxion's stable of leveraged ETFs, two of the five top-performing funds year to date provide magnified exposure to China. Here's a breakdown of what has driven each fund higher.

Other symbols: CHAUCWEBYINN
4 years ago - Benzinga

Emerging Markets Excitement Beckons For This Direxion ETF

Likely aided in large part by the results of the recent U.S. presidential election, the widely followed MSCI Emerging Markets Index is higher by 6.54% over the past month. What Happened That index is ...

4 years ago - Benzinga

U.S. 2020 Election Investment Pulse: Resilience And Vulnerability In Emerging Markets

I think China is the big one from a political perspective where we could see a positive outcome being a comprehensive review of US policy towards China.

Other symbols: EEMIEMGSCHEVWO
4 years ago - Seeking Alpha

Emerging Markets Outpace Developed Markets In July

Some emerging markets have been coping with the COVID-19 crisis better than others, and their economies are in different stages of recovery.

4 years ago - Seeking Alpha

Gear Up For An Emerging Markets Turning Point With EDC

With the MSCI Emerging Markets Index down 3.77% year-to-date, this will likely go down as another disappointing year for developing world equities.

4 years ago - Benzinga

Emerging Markets Rally As Economies Reopen In The Second Quarter

EM equities rebounded in the second quarter, though they lagged developed market stocks.

Other symbols: EDZEEMEET
4 years ago - Seeking Alpha

Navigating Emerging Markets During Uncertain Times: This Too Shall Pass

Price swings have been dramatic. For example, we've seen 8 +/- 4% absolute moves in the MSCI Emerging Markets Index in the last two weeks of March.

4 years ago - Seeking Alpha

3 Leveraged Emerging Markets Traders Should Consider in Q1

International stocks will again lag their U.S. rivals in 2019, but that could change in 2020.

Other symbols: CHAUCWEB
5 years ago - Benzinga