EDC vs EET
Direxion Daily MSCI Emerging Markets Bull 3X ETF vs ProShares Ultra MSCI Emerging Markets
Which is better, EDC or EET?
Nearly the same fund. EET costs less.
EET has a lower expense ratio. EDC led over 1Y and 3Y, EET over 5Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EDC | EET |
|---|---|---|
| Expense Ratio | 1.08% | 0.95%Best |
| AUM | $151M | $38M |
| Dividend Yield | 1.43% | 1.62% |
| Holdings | 20 | 6 |
| YTD Return | +17.04% | +19.25%Best |
| 1Y Return | +40.94%Best | +35.71% |
| 3Y Return (annualized) | +42.41%Best | +32.98% |
| 5Y Return (annualized) | -1.87% | +3.24%Best |
| Volatility (annualized) | 55.7% | 37.1%Best |
| Max Drawdown | -92.9% | -71.7%Best |
| $10,000 over 5 years | $9,099 | $11,728Best |
| Fund Family | Direxion Shares ETF Trust | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Dec 17, 2008 | Jun 2, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 4, 2009 to Oct 14, 2026 (17.4 years).
EDC vs EET growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 17.4 years both funds cover.
EDC vs EET Performance
Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) is an ETF from Direxion Shares ETF Trust and ProShares Ultra MSCI Emerging Markets (EET) is an ETF from ProShares. Over the past year EDC returned +40.94% while EET returned +35.71%. Year to date, EDC is up 17.04% versus a gain of 19.25% for EET.
Over three years, EDC compounded at +42.41% per year against +32.98% for EET; over five years the annualized figures are -1.87% and +3.24% respectively. Across the full 17-year window we track, EET has the edge at +3.64% annualized vs -3.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EDC has been the more volatile fund, with annualized monthly volatility of 55.7% compared with 37.1% for EET. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -92.9% for EDC and -71.7% for EET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EDC charges 1.08% per year while EET charges 0.95%. On a $10,000 position that is $108 vs $95 annually, a gap of $13 per year that compounds over a long holding period. On income, EDC currently yields 1.43% against 1.62% for EET.
Holdings Overlap
We hold position weights for 3 holdings in EDC and 1 in EET, totalling 86.2% and 55.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in EDC and 1 in EET, against full books of 20 and 6.
You are not choosing between two funds in isolation.
Whichever of EDC and EET you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EDC or EET?
EDC has an expense ratio of 1.08% while EET charges 0.95%. EET is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, EDC or EET?
Over the past year EDC returned +40.94% vs +35.71% for EET, so EDC leads on 1-year performance. Over the longest common window we track (17 years), EDC annualized -3.94% vs +3.64% for EET. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EDC or EET?
EDC has been the more volatile fund at 55.7% annualized versus 37.1% for EET. Worst drawdown: EDC -92.9% vs EET -71.7%.
Should I hold both EDC and EET?
EDC and EET have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, EDC or EET?
EDC yields 1.43% while EET yields 1.62%, so EET currently pays the higher dividend yield.
Is EET better than EDC?
EET has a lower expense ratio. EDC led over 1Y and 3Y, EET over 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.