Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC)
ETF overview
EDC is an aggressive one-day bet on the widely followed MSCI Emerging Markets Index. The fund promises to provide 300% of the return of the index, which is a cap-weighted composite of emerging markets firms covering 85% of the market cap in those countries every day. This means heavy exposure to financials and technology, as well as to firms in China, South Korea, and Taiwan. As with most leveraged funds, it's designed to provide this exposure only for one trading day. Holding the fund for longer than one day will expose investors to the effects of compounding and may create significant drift between the expected return and what is actually realized. Also, consider that EDC is designed to be a short-term trading vehicle, not a long-term investment, so trading costs have a bigger impact than the expense ratio. Effective February 27, 2026, the fund replaced the term Shares in its name with ETF.
Fund facts
- Leverage
- 3x daily
- Expense ratio
- 1.12%
- Fund assets
- 127.71M USD (all share classes)
- Issuer
- Direxion
- Inception date
- Dec 17, 2008
- Number of holdings
- 9
Holdings (9)
| Name | Ticker | Exposure |
|---|---|---|
| EEM SWAP ASSET LEG (EEMMLL) | 78.38% | |
| EEM SWAP ASSET LEG (EEMBCL) | 69.16% | |
| EEM SWAP ASSET LEG (EEMCTL) | 53.40% | |
| EEM SWAP ASSET LEG (EEMUBL) | 45.34% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 38.29% | |
| EEM SWAP ASSET LEG (EEMJPL) | 32.28% | |
| EEM SWAP ASSET LEG (EEMBPL) | 18.44% | |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | 13.93% | |
| ISHARES MSCI EMERGING MARKET | EEM | 3.02% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC)
- Leverage
- 3x daily
- Expense ratio
- 1.12%
- Fund assets
- 127.71M USD (all share classes)
- Issuer
- Direxion
- Inception date
- Dec 17, 2008
- Number of holdings
- 9
| Name | Ticker | Exposure |
|---|---|---|
| EEM SWAP ASSET LEG (EEMMLL) | 78.38% | |
| EEM SWAP ASSET LEG (EEMBCL) | 69.16% | |
| EEM SWAP ASSET LEG (EEMCTL) | 53.40% | |
| EEM SWAP ASSET LEG (EEMUBL) | 45.34% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 38.29% | |
| EEM SWAP ASSET LEG (EEMJPL) | 32.28% | |
| EEM SWAP ASSET LEG (EEMBPL) | 18.44% | |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | 13.93% | |
| ISHARES MSCI EMERGING MARKET | EEM | 3.02% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
EDC is an aggressive one-day bet on the widely followed MSCI Emerging Markets Index. The fund promises to provide 300% of the return of the index, which is a cap-weighted composite of emerging markets firms covering 85% of the market cap in those countries every day. This means heavy exposure to financials and technology, as well as to firms in China, South Korea, and Taiwan. As with most leveraged funds, it's designed to provide this exposure only for one trading day. Holding the fund for longer than one day will expose investors to the effects of compounding and may create significant drift between the expected return and what is actually realized. Also, consider that EDC is designed to be a short-term trading vehicle, not a long-term investment, so trading costs have a bigger impact than the expense ratio. Effective February 27, 2026, the fund replaced the term Shares in its name with ETF.
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