(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.

Based on the provided and , here is a 3-month forecast for EDC: If the MSCI Emerging Markets Index rises by 2-3% over the next three months, EDC could potentially gain 6-9% (before fees and expenses). Conversely, a 2-3% decline in the index could result in a 6-9% loss for EDC. The funds performance will closely track the indexs daily movements, amplified by the 3X leverage. Investors should monitor emerging market trends, such as economic growth, geopolitical risks, and currency fluctuations, as these factors will heavily influence the indexs performance. Additionally, the funds ATR of 1.18 suggests that short-term price swings may remain moderate, but the use of leverage could amplify these movements. The relatively low AUM of $70.01 million could also lead to larger price swings during periods of high volatility or low liquidity.

Additional Sources for EDC ETF

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
What is the price of EDC stocks?
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%.
Is Direxion Daily MSCI a good stock to buy?
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%.
Is EDC a buy, sell or hold?
Direxion Daily MSCI has no consensus analysts rating.
What are the forecast for EDC stock price target?
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%