(EDC) Direxion Daily MSCI - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25490K2814 • Trading--Leveraged Equity
EDC: Emerging Markets, Securities, Swap Agreements, ETFs
Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is a leveraged exchange-traded fund (ETF) designed to deliver 3X daily returns of the MSCI Emerging Markets Index. The fund achieves this through a combination of swap agreements, futures contracts, and ETFs tracking the index. It invests at least 80% of its net assets (including leverage) in these financial instruments. The MSCI Emerging Markets Index represents large- and mid-cap securities across 24 emerging market countries, providing exposure to high-growth economies. EDC is classified as a non-diversified fund, meaning it can concentrate investments in a smaller number of securities, which may increase volatility. The fund is primarily used by traders seeking amplified exposure to emerging markets for short-term strategies.
From a technical standpoint, EDC is currently trading at $33.33 with a 20-day moving average of $32.48 and a 50-day moving average of $30.60. The 200-day moving average stands at $32.49, indicating a recent uptrend. The Average True Range (ATR) of 1.18 reflects moderate volatility. With an average daily volume of 147,407 shares, liquidity is sufficient but not exceptional. The funds assets under management (AUM) total $70.01 million, which is relatively modest for a leveraged ETF but sufficient to maintain market presence.
Additional Sources for EDC ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
EDC ETF Overview
Market Cap in USD | 73m |
Category | Trading--Leveraged Equity |
TER | 1.13% |
IPO / Inception | 2008-12-17 |
EDC ETF Ratings
Growth 5y | -5.11% |
Fundamental | - |
Dividend | 44.6% |
Rel. Strength Industry | 1.26 |
Analysts | - |
Fair Price Momentum | 27.43 USD |
Fair Price DCF | - |
EDC Dividends
Dividend Yield 12m | 3.50% |
Yield on Cost 5y | 4.65% |
Annual Growth 5y | 22.53% |
Payout Consistency | 41.3% |
EDC Growth Ratios
Growth Correlation 3m | 53.9% |
Growth Correlation 12m | 11.4% |
Growth Correlation 5y | -59.1% |
CAGR 5y | 6.42% |
CAGR/Max DD 5y | 0.08 |
Sharpe Ratio 12m | 1.75 |
Alpha | -5.41 |
Beta | 2.05 |
Volatility | 57.41% |
Current Volume | 129.7k |
Average Volume 20d | 141.7k |
As of March 16, 2025, the stock is trading at USD 33.34 with a total of 129,677 shares traded.
Over the past week, the price has changed by +0.51%, over one month by -0.66%, over three months by +5.49% and over the past year by +12.09%.
Neither. Based on ValueRay Analyses, Direxion Daily MSCI is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -5.11 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of EDC as of March 2025 is 27.43. This means that EDC is currently overvalued and has a potential downside of -17.73%.
Direxion Daily MSCI has no consensus analysts rating.
According to ValueRays Forecast Model, EDC Direxion Daily MSCI will be worth about 32.9 in March 2026. The stock is currently trading at 33.34. This means that the stock has a potential downside of -1.29%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 32.9 | -1.3% |