Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC)
| Assets | $85.83M |
| Expense Ratio | 1.08% |
| PE Ratio | n/a |
| Shares Out | 2.18M |
| Dividend (ttm) | $1.06 |
| Dividend Yield | 2.68% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 169,145 |
| Open | 39.40 |
| Previous Close | 39.14 |
| Day's Range | 39.08 - 39.62 |
| 52-Week Low | 20.13 |
| 52-Week High | 41.94 |
| Beta | 1.91 |
| Holdings | 10 |
| Inception Date | Dec 17, 2008 |
About EDC
Fund Home PageThe 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.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 46.78% |
| Goldman Sachs FS Treasury Intms Instl | n/a | 28.48% |
| Ishares Msci Emerging Markets Etf Swap | n/a | 22.99% |
| Goldman Sachs Fin Gov 465 Institut | n/a | 17.43% |
| iShares MSCI Emerging Markets ETF | EEM | 8.12% |
| Cash | n/a | -2.03% |
| Citi Collateral | n/a | -2.98% |
| Ubs Collateral | n/a | -4.04% |
| Jpm Collateral | n/a | -4.78% |
| Barclays Collateral | n/a | -9.98% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.24886 | Jul 1, 2025 |
| Mar 25, 2025 | $0.43543 | Apr 1, 2025 |
| Dec 23, 2024 | $0.12693 | Dec 31, 2024 |
| Sep 24, 2024 | $0.24602 | Oct 1, 2024 |
| Jun 25, 2024 | $0.29368 | Jul 2, 2024 |
| Mar 19, 2024 | $0.46796 | Mar 26, 2024 |
Performance
EDC had a total return of 24.32% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.13%.
News
Weakening Dollar Puts This Emerging Market ETF in Play
A weakening greenback could put emerging markets (EM) in the green. The anticipation of Fed easing and a confluence of other factors can make the Direxion Daily MSCI Emerging Markets Bull 3X Shares (E...
Emerging Markets Could Be a Contrarian Play Amid U.S. Volatility
Emerging markets (EM) began to garner interest again as it appeared that forthcoming rate cuts could tamp down the strength of the U.S. dollar. But tariffs may have stifled a potential rally.
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.
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, ...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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 ...
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.
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.