Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
65.96 USD
-2.19
(-3.214%) ⇩
(Oct. 15, 2026, 1:50 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:22 a.m. EDT
This leveraged ETF is currently trapped in a defensive posture driven by heavy put positioning. The options data screams caution, with massive open interest walls at strikes like 30 and 35, indicating traders are betting hard against a move higher or preparing for a sharp drop. The underlying asset, the Emerging Markets sector, faces headwinds despite a weakening dollar, which often fails to offset broader macro pressures. With the price trading well below its 52-week high and showing negative momentum against the 50-day average, the technical setup is bearish. The statistical forecast offers only a weak lean upward, which is insufficient to counter the clear sentiment of fear in the options chain. For a leveraged product, this lack of bullish conviction combined with a crowded short side suggests a high risk of further downside or stagnation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.137748 |
| AutoETS | 0.168521 |
| AutoARIMA | 0.172089 |
| MSTL | 0.176499 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 1.23 |
| Ljung-Box p | 0.007 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 3.47 |
| Attribute | Value |
|---|---|
| Trailing P/E | 12.32 |
As of Oct. 10, 2026, 2:22 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 30, 35, 40) and significant volume in OTM puts relative to calls. While there is some call activity at strikes 80-100, the overwhelming capital deployment is in put writing and buying, suggesting a consensus expectation of continued volatility or a decline toward the lower end of the range.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.26% | 1.60% | 2.67% | 2.24% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.224000 | 0.262726 |
| 2026-06-23 | 0.397000 | 0.471105 |
| 2026-03-24 | 0.379000 | 0.677875 |
| 2025-12-23 | 0.098000 | 0.183418 |
| 2025-09-23 | 0.197000 | 0.388177 |
| 2025-06-24 | 0.249000 | 0.646585 |
| 2025-03-25 | 0.435000 | 1.320984 |
| 2024-12-23 | 0.127000 | 0.419696 |
| 2024-09-24 | 0.246000 | 0.654952 |
| 2024-06-25 | 0.294000 | 0.899908 |
| 2024-03-19 | 0.468000 | 1.586441 |
| 2023-12-21 | 0.142000 | 0.489655 |
| 2023-09-19 | 0.297000 | 1.080000 |
| 2023-06-21 | 0.298000 | 0.944233 |
| 2023-03-21 | 0.339000 | 1.194924 |
| 2021-06-22 | 0.052000 | 0.050916 |
| 2021-03-23 | 0.080000 | 0.083255 |
| 2020-06-23 | 0.019000 | 0.039975 |
| 2020-03-24 | 0.392000 | 1.453467 |
| 2019-12-23 | 0.015000 | 0.016943 |
| 2019-09-24 | 0.043000 | 0.064237 |
| 2019-06-25 | 0.291000 | 0.388881 |
| 2019-03-19 | 0.520000 | 0.620896 |
| 2018-12-27 | 0.018000 | 0.029014 |
| 2018-03-20 | 0.470000 | 0.344020 |
| 2017-12-19 | 0.320000 | 0.277296 |
| 2012-12-18 | 0.120000 | 0.086973 |
| 2011-12-21 | 0.122667 | 0.124224 |
| 2011-06-21 | 3.006667 | 1.304600 |
| 2011-03-22 | 4.353333 | 1.826573 |
| 2010-09-22 | 0.693333 | 0.325712 |
| 2010-06-22 | 0.580000 | 0.343195 |
| 2010-03-23 | 0.756667 | 0.355187 |
| 2009-11-20 | 36.585000 | 17.377295 |
| 2009-09-22 | 0.805000 | 0.348183 |
| 2009-06-23 | 0.333333 | 0.289645 |
| 2009-03-24 | 0.023333 | 0.031602 |
| Attribute | Value |
|---|---|
| All Time High | 303.66666 |
| All Time Low | 20.13 |
| Ask | 66.06 |
| Ask Size | 2,600 |
| Average Daily Volume10 Day | 115,240 |
| Average Daily Volume3 Month | 82,265 |
| Average Volume | 82,265 |
| Average Volume10Days | 115,240 |
| Beta3 Year | 2.54 |
| Bid | 65.85 |
| Bid Size | 2,700 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 66.26 |
| Day Low | 63.015 |
| Display Name | Daily MSCI EM Bull 3X Shares |
| Dividend Yield | 1.43 |
| Eps Trailing Twelve Months | 5.3517714 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 78.263 |
| Fifty Day Average Change | -12.303001 |
| Fifty Day Average Change Percent | -0.15720074 |
| Fifty Two Week Change Percent | 29.488886 |
| Fifty Two Week High | 103.88 |
| Fifty Two Week High Change | -37.92 |
| Fifty Two Week High Change Percent | -0.36503658 |
| Fifty Two Week Low | 46.64 |
| Fifty Two Week Low Change | 19.32 |
| Fifty Two Week Low Change Percent | 0.4142367 |
| Fifty Two Week Range | 46.64 - 103.88 |
| First Trade Date Milliseconds | 1,230,647,400,000 |
| Five Year Average Return | -0.0039098 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -2.1900024 |
| Fullday Change Percent | -3.2135031 |
| Fullday Price | 65.96 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,229,472,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is designed to represent the performance of large- and mid-capitalization securities across 24 emerging market countries. The fund is non-diversified. |
| Long Name | Direxion Daily MSCI Emerging Markets Bull 3X Shares |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_50086427 |
| Nav Price | 72.538 |
| Net Assets | 159,523,984.0 |
| Net Expense Ratio | 1.09 |
| Open | 63.98 |
| Phone | 866-476-7523 |
| Previous Close | 68.15 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.1900024 |
| Regular Market Change Percent | -3.2135031 |
| Regular Market Day High | 66.26 |
| Regular Market Day Low | 63.015 |
| Regular Market Day Range | 63.015 - 66.26 |
| Regular Market Open | 63.98 |
| Regular Market Previous Close | 68.15 |
| Regular Market Price | 65.96 |
| Regular Market Time | 1,792,086,624 |
| Regular Market Volume | 114,970 |
| Short Name | Direxion Emerging Markets Bull |
| Source Interval | 15 |
| Symbol | EDC |
| Three Year Average Return | 0.46554062 |
| Total Assets | 159,523,984 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 12.324891 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -13.60335 |
| Trailing Three Month Returns | -13.60335 |
| Triggerable | 1 |
| Two Hundred Day Average | 74.8168 |
| Two Hundred Day Average Change | -8.856804 |
| Two Hundred Day Average Change Percent | -0.118379876 |
| Type Disp | ETF |
| Volume | 114,970 |
| Yield | 0.0143 |
| Ytd Return | 42.60194 |