Key stats
About Direxion Daily FTSE Europe Bull 3x Shares
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Inception date
Jan 22, 2014
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
EURL is a 3x levered play on the FTSE Developed Europe Index, a market-cap-weighted index of total market stocks in developed Europe. The usual caveats for geared funds apply emphatically for 3x gearing: The fund rebalances its exposure on a daily basis, and is directly affected by issues of path dependency and compounding. As a result, its long-term returns are unlikely to achieve the 3x multiple. Returns are helped by strong trends and hurt by volatility. EURL isn’t appropriate for buy-and-hold investors. Note: The fund switched underlying indexes on August 22, 2016 to a slightly different and arguably better FTSE index. The index tracked at 1x by Vanguard`s VGK includes small-caps, thereby providing more complete coverage of the space.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF65.90%
Cash34.10%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EURL last dividends amounted to 0.12 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 50.05% decrease.
EURL assets under management is 49.08 M USD. It's risen 27.86% over the last month.
EURL fund flows account for 16.63 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EURL pays dividends to its holders with the dividend yield of 2.15%. The last dividend (Apr 1, 2025) amounted to 0.12 USD. The dividends are paid quarterly.
EURL shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jan 22, 2014, and its management style is Passive.
EURL expense ratio is 1.05% meaning you'd have to pay 1.05% of your investment to help manage the fund.
EURL follows the FTSE Developed Europe All Cap. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EURL invests in funds.
EURL price has risen by 15.67% over the last month, and its yearly performance shows a 20.53% increase. See more dynamics on EURL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 15.25% over the last month, showed a 22.35% increase in three-month performance and has increased by 25.08% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 15.25% over the last month, showed a 22.35% increase in three-month performance and has increased by 25.08% in a year.
EURL trades at a premium (0.49%) meaning the ETF is trading at a higher price than the calculated NAV.