EDC - Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Arca Current Price & Safety Score Price: 64.61 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: -2.12 Company Description EDC is an aggressive oneday bet on the widely followed MSCI Emerging Markets Index The fund promises to provide 300 of the return of the index which is a capweighted composite of emerging markets firms covering 85 of the market cap in those countries every day This means heavy exposure to financials and technology as well as to firms in China South Korea and Taiwan As with most leveraged funds its designed to provide this exposure only for one trading day Holding the fund for longer than one day will expose investors to the effects of compounding and may create significant drift between the expected return and what is actually realized Also consider that EDC is designed to be a shortterm trading vehicle not a longterm investment so trading costs have a bigger impact than the expense ratio Effective February 27 2026 the fund replaced the term Shares in its name with ETF