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Beacon

EURLDirexion Daily FTSE Europe Bull 3X Shares

Take a bet12y track recordRanked #293 of 775 in this goal

Seeks daily investment results of 300% of the performance of the FTSE Developed Europe All Cap Index.

By Direxion Funds · Launched 2014

Annual Cost

1.04%

#5,051 of 5,562 · expensive

Fund Size

$58M

#3,435 of 5,562 · mid-size

Return (1Y)Goal

+48.4%

Track Record

12 years

#1,161 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$15,848+58.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Europe

Strategy

Leveraged

Index tracked

FTSE Developed Europe All Cap Index

What it actually holds

By weight

Concentration

Top 9 holdings = 135.0% of fundconcentrated

Vanguard International Equity Index Funds
48.5%
DREYFUS GOVERNMENT CASH MANAGE
25.1%
GOLDMAN FINANCIAL
17.3%
N/A
10.6%
DREYFUS
10.4%
N/A
10.4%
N/A
7.1%
N/A
4.9%
N/A
0.7%

Asset allocation

Stocks
56.7%
Cash
43.2%
Other
0.1%

By sector

Financial Services
23.5%
Industrials
20.4%
Healthcare
12.5%
Technology
8.5%
Consumer Defensive
7.9%
Consumer Cyclical
7.0%
Basic Materials
5.5%
Energy
5.4%
Other
9.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
47.7%High

Year-on-year price swings

Max drawdown
-84.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.74Decent risk-adjusted returns
Sortino (3Y)
1.09Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the performance of the FTSE Developed Europe All Cap Index.
Strategy
Invests primarily in financial instruments to achieve 3x daily leveraged exposure to the FTSE Developed Europe All Cap Index. Designed for short-term trading and not suitable for long-term holding due to compounding effects.
Inception date
January 22, 2014
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19