Direxion Daily FTSE Europe Bull 3X Shares

10-Year Study

EURL.US · · US · ETF

Executive Summary: Direxion Daily FTSE Europe Bull 3X Shares has compounded at 8.8% annually over the last 10 years, with a maximum drawdown of 75.3% and an annualized volatility of 52.0%.

1Y CAGR
+43.9%
3Y CAGR
+34.9%
5Y CAGR
+5.8%
10Y CAGR
+8.8%

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 →
75.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.40
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.61
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 →
2025 · +105.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -54.4%
% 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.
202613.58.9-25.819.8————————9.9%
202518.711.2-0.45.916.56.0-8.69.85.30.62.410.1105.9%
2024-4.85.810.6-8.818.0-9.56.68.70.1-16.7-6.9-9.3-11.4%
202329.5-5.53.612.7-15.611.27.3-13.4-13.6-10.630.015.344.2%
2022-11.2-16.2-3.3-18.55.2-28.913.7-22.2-28.324.041.8-6.8-54.4%
2021-3.77.49.414.013.4-4.84.84.9-15.815.1-14.215.246.6%
2020-9.2-23.6-54.817.615.78.89.613.1-10.4-17.356.315.3-23.2%
201920.28.61.511.2-17.018.9-8.5-6.06.610.83.513.072.6%
201817.1-18.7-2.35.8-8.1-5.09.8-9.1-0.7-23.1-3.2-15.3-46.4%
20178.81.413.611.014.4-2.18.6-0.69.30.8-0.84.291.3%
2016———6.7-2.6-18.510.31.71.8-11.0-7.514.3-8.9%

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 52.0%. The dominant macroeconomic risk driver is VEA.US, accounting for 78.2% of variance. Idiosyncratic stock-specific factors contribute 2.6%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110674.850836897407
2016-05-0110401.288346797615
2016-06-018481.546016157135
2016-07-019352.447330904482
2016-08-019507.524156502455
2016-09-019676.223665452242
2016-10-018613.759966207297
2016-11-017970.800992660647
2016-12-019110.776704155445
2017-01-019908.812503300069
2017-02-0110045.567347800834
2017-03-0111408.997307143989
2017-04-0112667.564285337134
2017-05-0114486.98452927821
2017-06-0114186.018269179998
2017-07-0115398.96509847405
2017-08-0115303.236707323513
2017-09-0116730.503194466444
2017-10-0116858.176250066
2017-11-0116725.909498917576
2017-12-0117431.384972807435
2018-01-0120411.373356565815
2018-02-0116589.10185331855
2018-03-0116204.60425576852
2018-04-0117147.579069644646
2018-05-0115760.547019378004
2018-06-0114970.27298167802
2018-07-0116431.912983790062
2018-08-0114928.929721738214
2018-09-0114823.80273509689
2018-10-0111394.318601826919
2018-11-0111031.891863350758
2018-12-019343.62954749459
2019-01-0111226.411109351075
2019-02-0112188.763926289665
2019-03-0112371.13891968953
2019-04-0113761.867046834575
2019-05-0111425.312846507208
2019-06-0113582.924124821795
2019-07-0112425.840857489837
2019-08-0111679.655736839328
2019-09-0112449.442948413327
2019-10-0113790.74924758435
2019-11-0114277.20576587993
2019-12-0116127.884259992607
2020-01-0114645.75743175458
2020-02-0111193.88563282116
2020-03-015055.018744389883
2020-04-015942.869211679604
2020-05-016873.646971857015
2020-06-017479.909182110988
2020-07-018200.644173398807
2020-08-019274.671313163313
2020-09-018310.470457785523
2020-10-016873.646971857015
2020-11-0110740.112994350282
2020-12-0112388.510481018006
2021-01-0111924.494429484133
2021-02-0112809.388035271131
2021-03-0114009.979407571678
2021-04-0115975.869898093879
2021-05-0118118.749669993136
2021-06-0117253.022862875547
2021-07-0118075.71677490892
2021-08-0118965.415280637837
2021-09-0115963.83124768995
2021-10-0118371.138919689532
2021-11-0115762.447858915464
2021-12-0118161.51855958604
2022-01-0116125.983420455146
2022-02-0113519.14039812028
2022-03-0113071.967896932258
2022-04-0110651.935160251334
2022-05-0111205.237868947674
2022-06-017962.51122023338
2022-07-019049.791435661862
2022-08-017043.560906066846
2022-09-015049.052220286182
2022-10-016261.41823749934
2022-11-018880.933523417289
2022-12-018278.472992238238
2023-01-0110719.942974813875
2023-02-0110127.93706109087
2023-03-0110496.435925867258
2023-04-0111831.194888853688
2023-05-019981.150007920165
2023-06-0111102.750937219495
2023-07-0111917.683087808226
2023-08-0110317.493003854479
2023-09-018911.558160409737
2023-10-017967.474523470089
2023-11-0110355.245789112412
2023-12-0111936.427477691535
2024-01-0111362.479539574424
2024-02-0112027.034162310574
2024-03-0113296.900575531972
2024-04-0112133.164369818891
2024-05-0114313.902529172608
2024-06-0112952.795818153018
2024-07-0113812.872907756482
2024-08-0115015.998732773642
2024-09-0115023.91889751307
2024-10-0112516.500343207137
2024-11-0111653.307988806167
2024-12-0110572.627910660542
2025-01-0112547.230582396114
2025-02-0113951.739796187761
2025-03-0113889.592903532393
2025-04-0114706.63709805164
2025-05-0117136.913247795554
2025-06-0118161.1489518982
2025-07-0116600.876498231162
2025-08-0118229.47357305032
2025-09-0119192.301599873277
2025-10-0119308.04160726543
2025-11-0119771.001636834044
2025-12-0121764.61270394424
2026-01-0124710.91398701093
2026-02-0126917.999894397803
2026-03-0119964.095253181265
2026-04-0123924.177622894556
Annual Return Matrix
YearAnnual Return
20170.9132710128717061
2018-0.4639766397179318
20190.7260834430574312
2020-0.2318576769707248
20210.46599694833479655
2022-0.5441750663592675
20230.44186343168395137
2024-0.11425525514898449
20251.058581167128624
20260.09922367782629804
Total Factor Risk
0.5200891308340213
VTI.US Exposure
-0.08410699793149
VEA.US Exposure
0.7817502408403834
VWO.US Exposure
0.002149996433322995
QQQ.US Exposure
-0.005575446622272216
VTV.US Exposure
0.03216028454948881
IJR.US Exposure
-0.029214342869306745
QUAL.US Exposure
0.08489326396734913
SHV.US Exposure
0.09788434151431581
TLT.US Exposure
0.0028333868748603094
LQD.US Exposure
-0.04455285411782931
HYG.US Exposure
0.07605087561016502
GLD.US Exposure
-0.027791730143846713
USO.US Exposure
0.010560372577767168
VNQ.US Exposure
-0.002879146448367771
BTC-USD.CC Exposure
0.0007280060962683254
CPER.US Exposure
0.03544554857496789
VIX.INDX Exposure
-0.00957986496951863
UUP.US Exposure
0.05455657554473824
TIP.US Exposure
-0.0012294117039483795
Idiosyncratic Exposure
0.02591690222295279
Value Score
43.7
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
14.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
52.0%

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 →15.8x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.22%
Market Cap$64.0B
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
$74
Avg Yield on Cost
0.74%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$73.920.74%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 →
+4.1%
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 →
+16.0%
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 →
11.8% 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 →
1.98
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Direxion Daily FTSE Europe Bull 3X Shares a high-risk investment?

Direxion Daily FTSE Europe Bull 3X Shares (EURL.US) has an annualized volatility of 52.0% and experienced a maximum drawdown of 75.3% over the last 10 years. Its primary macro risk driver is VEA.US.

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

Over the past 10 years, EURL.US has generated a Compound Annual Growth Rate (CAGR) of 8.8%. 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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