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Beacon

EURLDirexion Daily FTSE Europe Bull 3X Shares

Take a bet12y track recordRanked #313 of 949 in this goal

Seeks daily investment results of 300% of the daily performance of the Index.

By Direxion Funds · Launched 2014

Annual Cost

1.04%

#5,305 of 5,861 · expensive

Fund Size

$53M

#3,597 of 5,861 · mid-size

Return (1Y)Goal

+52.4%

Track Record

12 years

#1,143 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$19,868+98.7%

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

What's inside

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

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Vanguard International Equity Index Funds
46.0%
DREYFUS GOVERNMENT CASH MANAGE
24.1%
DREYFUS
18.2%
GOLDMAN FINANCIAL
3.3%
N/A
2.2%
N/A
0.4%
N/A
0.1%
N/A
0.1%
N/A
-0.6%

Asset allocation

Stocks
55.7%
Cash
44.2%
Other
0.1%

By sector

Financial Services
23.4%
Industrials
20.3%
Healthcare
12.4%
Technology
9.4%
Consumer Defensive
7.7%
Consumer Cyclical
7.1%
Basic Materials
5.6%
Energy
5.0%
Other
9.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
47.8%High

Year-on-year price swings

Max drawdown
-84.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.72Decent risk-adjusted returns
Sortino (3Y)
1.05Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the daily performance of the Index.
Strategy
Invests primarily in financial instruments to achieve 3X daily leveraged exposure to the Index, which measures the equity market performance of large-, mid-, and small-cap companies in developed European markets. The Fund is non-diversified and rebalances daily to maintain its investment objective.
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

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

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

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 2026-08-04