Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC)
| Assets | $120.23M |
| Expense Ratio | 1.28% |
| PE Ratio | 10.77 |
| Shares Out | 3.13M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -48.34% |
| Volume | 205,048 |
| Open | 37.15 |
| Previous Close | 38.42 |
| Day's Range | 36.07 - 37.75 |
| 52-Week Low | 20.34 |
| 52-Week High | 78.39 |
| Beta | 2.23 |
| Holdings | 11 |
| Inception Date | Dec 17, 2008 |
About EDC
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 managed by Direxion.
Top 10 Holdings
401.31% of assets| Name | Symbol | Weight |
|---|---|---|
| ISHARES MSCI EMERGING MARKETS ETF SWAP | n/a | 123.77% |
| ISHARES MSCI EMERGING MARKETS ETF SWAP | n/a | 94.64% |
| ISHARES MSCI EMERGING MARKETS ETF SWAP | n/a | 81.63% |
| DREYFUS GOVT CASH MGMT | n/a | 44.24% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 24.27% |
| GOLDMAN FINL SQ TRSRY INST 506 | FTIXX | 16.98% |
| DREYFUS GOVT CASH MGMT | n/a | 10.70% |
| iShares MSCI Emerging Markets ETF | EEM | 5.08% |
| MORGAN STANLEY ILF/TREAS/INST | n/a | 0.00% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 0.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 22, 2021 | $0.05216 | Jun 29, 2021 |
| Mar 23, 2021 | $0.08006 | Mar 30, 2021 |
| Jun 23, 2020 | $0.01875 | Jun 30, 2020 |
| Mar 24, 2020 | $0.39192 | Mar 31, 2020 |
| Dec 23, 2019 | $0.01481 | Dec 31, 2019 |
| Sep 24, 2019 | $0.04288 | Oct 1, 2019 |
News
A Weakening Dollar Could Kickstart This Emerging Markets ETF
A weakening dollar to end 2022 is exactly what bullish emerging markets (EM) traders need, especially if the momentum carries over into the new year. Looking at the ICE U.S Dollar Index, the greenback...
This Emerging Markets Bear ETF Is Up Over 100% YTD
It's been a perfect storm for bearish traders investing in emerging markets (EM). A strong dollar amid rising global inflation has been a major catalyst in helping inverse exchange traded funds (ETFs)...
This Leveraged Emerging Markets ETF Climbed 25% the Past Month
The current market could be shifting towards favorable conditions for emerging markets (EM). It's starting to show in the performance of the Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC), ...
Can Emerging Markets Stage a 2022 Comeback?
The pandemic and a rising dollar were more than enough to keep emerging markets from having a positive 2021 in a year of recovery. “After their worst decade since the 1930s, emerging stock markets con...
Can Emerging Markets Re-Emerge for the Bulls?
Emerging markets (EM) could be making a comeback after the pandemic put EM equities at risk for the majority of 2021, but that dynamic could be shifting. The MSCI Emerging Markets Index is up a slight...
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What's Your Emerging Markets Position? ETFs to Play Both Sides
Looking at the 10-year history of the MSCI Emerging Markets index reveals a number of peaks and valleys over the years. While a long-term investor with a low risk tolerance might look the other way, t...
Feeling Bullish Abroad? Check Out the EDC ETF
Investors are piling back into emerging markets (EM) to start 2021 after a pandemic-ridden year saw outflows in EM assets. As investors return, trades can capitalize on the shift back to EM with tripl...
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.
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 ...
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.
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.