Direxion Daily MSCI Emerging Markets Bull 3X… (EDC) Performance
EDC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.1% since Dec 31, 2025
- 1 year
- +13.6% total return
- 5 years
- −4.9% a year
- 10 years
- +0.7% a year
- Since first price
- +14.7% a year since 2008
EDC trailing returns vs SPY, QQQ, AGG
| Period | EDC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −24.7% | −24.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −17.1% | −17.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −16.2% | −16.8% | +7.8% | +8.4% | −1.5% |
| YTD | +12.1% | +10.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.6% | +11.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +186.7%+42.1%/yr | +164.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −22.2%−4.9%/yr | −30.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +7.7%+0.7%/yr | −7.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −38.8%−3.2%/yr | −47.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 17, 2008 | +1,048.6%+14.7%/yr | +701.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EDC vs SPY
From Dec 17, 2008: EDC grew to $114,858, SPY to $115,725.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EDC returns by calendar year
9 of 17 full years positive. Best 2009 (+205.4%), worst 2011 (−62.7%). 2026 is year to date.
EDC annual returns table
| Year | EDC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.1% | −41.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +94.6% | −40.2% | +17.7% | +20.8% | +7.2% |
| 2024 | −2.0% | −30.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +7.5% | −44.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −60.2% | −74.5% | −18.2% | −32.6% | −13.0% |
| 2021 | −20.8% | −47.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +6.5% | −77.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +43.9% | −36.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −49.9% | −65.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +138.6% | −15.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +14.8% | −30.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −49.8% | −66.6% | +1.2% | +9.4% | +0.5% |
| 2014 | −20.1% | −46.2% | +13.5% | +19.2% | +6.0% |
| 2013 | −21.2% | −49.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +46.6% | −47.3% | +16.0% | +18.1% | +3.8% |
| 2011 | −62.7% | −72.4% | +1.9% | +3.4% | +7.7% |
| 2010 | +24.2% | −47.3% | +15.1% | +19.9% | +6.4% |
| 2009 | +205.4% | −64.9% | +26.4% | +54.7% | +3.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EDC largest drawdowns
Now 76.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 8, 2011 | −92.5% | Oct 24, 2022 | not yet | 11.5 years | 15.5 years so far |
| Jan 6, 2009 | −64.9% | Mar 2, 2009 | May 4, 2009 | 55 days | 4 months |
| Jan 8, 2010 | −47.3% | May 20, 2010 | Oct 5, 2010 | 4 months | 9 months |
| Jun 1, 2009 | −32.6% | Jun 22, 2009 | Jul 23, 2009 | 21 days | 52 days |
| Oct 14, 2009 | −26.9% | Oct 30, 2009 | Nov 16, 2009 | 16 days | 33 days |
| Nov 4, 2010 | −24.3% | Mar 16, 2011 | Apr 1, 2011 | 4 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EDC risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2008 |
|---|---|---|---|---|
| Annualized return | +48.5% | +1.6% | +3.2% | +1.3% |
| Volatility (annualized) | 47.3% | 53.9% | 52.9% | 58.8% |
| Sharpe ratio | 0.98 | 0.22 | 0.29 | 0.29 |
| Sortino ratio | 1.79 | 0.35 | 0.44 | 0.47 |
| Best month | +39.0% | +49.9% | +49.9% | +49.9% |
| Worst month | −28.6% | −32.2% | −53.3% | −53.3% |
| Best 12 months | +192.1% | +192.1% | +234.2% | +322.6% |
| Worst 12 months | −2.0% | −73.3% | −73.3% | −73.3% |
| Positive months | 67% | 52% | 54% | 51% |
| Beta vs S&P 500 | 2.53 | 2.23 | 2.34 | — |
| Correlation with S&P 500 | 0.66 | 0.65 | 0.68 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EDC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 203 | −73.3% | +2.3% | +322.6% | 54% |
| 3-year (a year) | 179 | −35.7% | −10.4% | +56.4% | 33% |
| 5-year (a year) | 155 | −30.8% | −8.2% | +23.6% | 21% |
| 10-year (a year) | 95 | −17.6% | −9.3% | +9.4% | 19% |
Every holding period starting at a month-end since 2008. Returns for 3 years and longer are annualized.
EDC performance overview
Direxion Daily MSCI Emerging Markets Bull 3X… (EDC) returned +13.6% over the past year and +0.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2008 it has returned +14.7% a year, turning $10,000 into about $114,858. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −92.5%, from Apr 8, 2011 to Oct 24, 2022; the fund has not yet regained that high. EDC finished 9 of its 17 full calendar years with a gain; the best year was 2009 (+205.4%) and the worst 2011 (−62.7%). Volatility has been 58.8% a year.
Related: EDC chart, EDC dividends. See the EDC overview for the latest quote and fund facts.
EDC performance FAQ
What is the EDC return over the past year?
EDC returned +13.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.9%.
What is the average annual return of EDC?
EDC has returned −4.9% a year over 5 years, +0.7% a year over 10 years, +14.7% a year since December 17, 2008 (total return, distributions reinvested).
How much would $10,000 invested in EDC be worth?
$10,000 invested in EDC at its first recorded close on December 17, 2008 would be worth about $114,858 on October 23, 2026 with distributions reinvested.
What was the worst year for EDC?
The worst calendar year was 2011, with a total return of −62.7%. The best was 2009 at +205.4%.
What is the biggest drawdown of EDC?
The largest peak-to-trough decline was −92.5% between April 8, 2011 and October 24, 2022. It has not yet recovered to that high; it is 76.2% below its peak.
How volatile is EDC?
Over the past 3 years EDC had an annualized volatility of 47.3% and a Sharpe ratio of 0.98 (excess return over 1–3 month T-bills per unit of risk).