Direxion Daily MSCI Emerging Markets Bull 3X Shares

10-Year Study

EDC.US · · US · ETF

Executive Summary: Direxion Daily MSCI Emerging Markets Bull 3X Shares has compounded at 6.2% annually over the last 10 years, with a maximum drawdown of 85.8% and an annualized volatility of 47.8%.

1Y CAGR
+144.9%
3Y CAGR
+44.0%
5Y CAGR
-5.2%
10Y CAGR
+6.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
85.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.30
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.47
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
51.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +138.6%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -60.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202624.016.6-29.131.2————————34.6%
20254.72.21.1-4.111.020.50.96.821.38.9-6.75.594.6%
2024-15.111.27.2-2.34.76.30.60.915.3-10.2-9.5-6.3-2.0%
202328.3-22.28.0-3.7-8.311.717.0-20.1-10.5-11.023.210.17.5%
2022-1.5-12.9-13.4-18.4-0.2-16.3-2.5-5.0-32.2-7.749.9-9.5-60.2%
20217.71.8-4.12.74.61.7-19.14.1-12.12.2-12.34.0-20.8%
2020-18.5-11.9-53.319.76.119.125.57.7-4.33.229.221.76.5%
201931.9-5.02.16.0-21.418.0-8.3-12.94.312.5-1.123.743.9%
201825.8-18.8-0.5-9.1-8.6-14.19.4-12.2-2.9-25.912.6-11.2-49.9%
201720.45.210.14.97.23.117.16.5-0.89.4-1.510.6138.6%
2016———0.2-11.511.116.02.36.0-3.3-14.0-1.91.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 47.8%. The dominant macroeconomic risk driver is VWO.US, accounting for 82.1% of variance. Idiosyncratic stock-specific factors contribute 0.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110022.943713466295
2016-05-018868.511504696016
2016-06-019850.931541038159
2016-07-0111423.933270573812
2016-08-0111681.962475644197
2016-09-0112383.409593449656
2016-10-0111974.385358057667
2016-11-0110296.25413227664
2016-12-0110099.3935678788
2017-01-0112157.891280075313
2017-02-0112788.624471834839
2017-03-0114080.675175690172
2017-04-0114774.481686625653
2017-05-0115839.087505746877
2017-06-0116336.011559428158
2017-07-0119128.445388269807
2017-08-0120368.894629682334
2017-09-0120208.354313987344
2017-10-0122115.83510300589
2017-11-0121785.18729338617
2017-12-0124098.43028219892
2018-01-0130323.313702738797
2018-02-0124627.3835847363
2018-03-0124512.971517393875
2018-04-0122278.061168640674
2018-05-0120364.340915559253
2018-06-0117487.006589749766
2018-07-0119129.540031087858
2018-08-0116798.454364340916
2018-09-0116306.084024782715
2018-10-0112080.500032839285
2018-11-0113601.856514219411
2018-12-0112080.193532850231
2019-01-0115935.700680867834
2019-02-0115133.436959520108
2019-03-0115444.403091271319
2019-04-0116365.873415504522
2019-05-0112865.81868336362
2019-06-0115176.128029423999
2019-07-0113916.960395822844
2019-08-0112125.35849552291
2019-09-0112642.314512774481
2019-10-0114217.264706526263
2019-11-0114059.767497865445
2019-12-0117385.620771942115
2020-01-0114169.100422532129
2020-02-0112481.095518532304
2020-03-015830.111434638877
2020-04-016980.296429275128
2020-05-017405.937342645095
2020-06-018817.041399391379
2020-07-0111068.831140398886
2020-08-0111926.37432405806
2020-09-0111417.409199378244
2020-10-0111779.82354357773
2020-11-0115213.958885215754
2020-12-0118513.431267377455
2021-01-0119943.31939488145
2021-02-0120307.72598900979
2021-03-0119483.2848041684
2021-04-0120002.583357050593
2021-05-0120924.228824134687
2021-06-0121281.8048470784
2021-07-0117208.682706832762
2021-08-0117910.67714604724
2021-09-0115735.293473739517
2021-10-0116074.391925914575
2021-11-0114101.276353525844
2021-12-0114660.485583554086
2022-01-0114436.412198699563
2022-02-0112568.40422969985
2022-03-0110880.859075683604
2022-04-018883.9459684305
2022-05-018870.065897497647
2022-06-017420.474199268779
2022-07-017236.048777283973
2022-08-016871.182433172056
2022-09-014656.128905138254
2022-10-014299.187775029008
2022-11-016442.848698469688
2022-12-015828.097291853668
2023-01-017475.994483000197
2023-02-015818.201720778509
2023-03-016281.476454232984
2023-04-016050.616283906561
2023-05-015548.744444687698
2023-06-016198.349278630383
2023-07-017254.04470521269
2023-08-015793.090614532478
2023-09-015187.162029029928
2023-10-014615.824156577709
2023-11-015688.880618254264
2023-12-016264.0278477132915
2024-01-015317.118024388642
2024-02-015914.092431639556
2024-03-016338.835737898724
2024-04-016190.402171771351
2024-05-016483.087768461151
2024-06-016889.068896818967
2024-07-016933.380038093569
2024-08-016998.774000043786
2024-09-018067.254854740897
2024-10-017240.75574140158
2024-11-016554.5022659106335
2024-12-016138.603673621298
2025-01-016426.647984762572
2025-02-016569.608336799702
2025-03-016640.7382271164915
2025-04-016370.514701053047
2025-05-017068.743568973445
2025-06-018519.823981434858
2025-07-018600.367799986865
2025-08-019188.103421853448
2025-09-0111144.580423407842
2025-10-0112138.844495041269
2025-11-0111323.751559866016
2025-12-0111944.742430544915
2026-01-0114812.706613831906
2026-02-0117275.652954440964
2026-03-0112255.620990870679
2026-04-0116073.735140223745
Annual Return Matrix
YearAnnual Return
20171.3861264659339705
2018-0.498714505825151
20190.4391839604775032
20200.0648703034668432
2021-0.2081162388634381
2022-0.602462192767234
20230.0747980917320914
2024-0.020022927282767555
20250.9458403027179709
20260.3456744868035191
Total Factor Risk
0.4781646473345061
VTI.US Exposure
-0.116421725900065
VEA.US Exposure
0.1401628423762862
VWO.US Exposure
0.8207427994804237
QQQ.US Exposure
0.06807162875887171
VTV.US Exposure
0.05892823497113646
IJR.US Exposure
-0.005299557169441766
QUAL.US Exposure
0.010041620759053809
SHV.US Exposure
0.030396364885035772
TLT.US Exposure
0.04538926588947483
LQD.US Exposure
-0.026614653041727967
HYG.US Exposure
0.003457403243189175
GLD.US Exposure
0.023271646317141483
USO.US Exposure
-0.003981488113260053
VNQ.US Exposure
-0.007455073580099655
BTC-USD.CC Exposure
-0.002122097563099316
CPER.US Exposure
-0.0018871418092010171
VIX.INDX Exposure
-0.009946820823656603
UUP.US Exposure
-0.02598203303611156
TIP.US Exposure
-0.008553700841980256
Idiosyncratic Exposure
0.007802485198030041
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
47.8%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$83
Avg Yield on Cost
0.83%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$82.950.83%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+11.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+35.0%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
10.4% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.89
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Direxion Daily MSCI Emerging Markets Bull 3X Shares a high-risk investment?

Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC.US) has an annualized volatility of 47.8% and experienced a maximum drawdown of 85.8% over the last 10 years. Its primary macro risk driver is VWO.US.

What is the 10-year return of EDC.US?

Over the past 10 years, EDC.US has generated a Compound Annual Growth Rate (CAGR) of 6.2%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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