31-Jul-2026
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The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Emerging Markets Index (the "Index"). The Index is a free float-adjusted market capitalization weighted index that is designed to represent the performance of large- and mid-capitalization securities across the following 24 emerging market countries. The Fund, under normal circumstances, invests at least 80% of the Fund's net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily leveraged exposure to the Index or to exchange-traded funds ("ETFs") that track the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically inverse leveraged investment results.
Direxion Daily MSCI Emerging Markets Bull 3X ETF trades on the ARCA stock market under the symbol EDC.
As of July 31, 2026, EDC stock price climbed to $70.47 with 51,973 million shares trading.
EDC has a beta of 4.16, meaning it tends to be more sensitive to market movements. EDC has a correlation of 0.53 to the broad based SPY ETF.
EDC has a market cap of $150.21 million. This is considered a Micro Cap stock.
In the last 3 years, EDC traded as high as $103.88 and as low as $20.13.
EDC has outperformed the market in the last year with a price return of +81.1% while the SPY ETF gained +19.4%. However, in the short term, EDC had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.9% vs +4.2% return in SPY. But in the last 2 weeks, EDC shares have fared better than the market returning +2.1% compared to SPY +0.5%.
EDC support price is $64.65 and resistance is $73.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EDC shares will trade within this expected range on the day.
