EDC vs EET: which held to its multiple?
Over three months against its own daily promise, EDC finished 2.8 points short and EET 1.6 points short. Direxion Daily MSCI Emerging Markets Bull 3X ETF and ProShares Ultra MSCI Emerging Markets.
EDC returned −5.8% while 3 times EEM's move would have been +1.4%
EET returned −2.1% while 2 times EEM's move would have been +0.9%
A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | EDC | EET | EDC | EET | EDC | EET |
| 1 month | −2.9% | −1.7% | −1.0% | −0.7% | −1.9 pts | −1.1 pts |
| 3 months | −5.8% | −2.1% | +1.4% | +0.9% | −7.2 pts | −3.0 pts |
| 6 months | +35.0% | +28.4% | +51.9% | +34.6% | −16.9 pts | −6.2 pts |
| 1 year | +52.7% | +43.3% | +82.5% | +55.0% | −29.8 pts | −11.7 pts |
| 3 years | +227.7% | +159.3% | +267.2% | +178.1% | −39.5 pts | −18.9 pts |
| Since launch EDC Jan 2010 · EET Jan 2010 | −62.0% | +30.6% | not meaningful | not meaningful | not meaningful | not meaningful |
EDC and EET over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
EDC and EET on the same fields, as of Sep 30, 2026. Source: ETFIQ.
EDC in plain words
Three months to Sep 30, 2026: EDC returned −5.8% where its own daily promise gave −3.0%, 2.8 points short. Read the multiple against the whole window instead and 3 times EEM's 0.5% implies +1.4%, which makes EDC look 7.2 points short. 4.4 of that is daily compounding, which happens to any 3 times fund over the same path, and the rest is the fund. EDC aims to return +3 times EEM's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +3 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. EEM moved at 24% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
EET in plain words
Three months to Sep 30, 2026: EET returned −2.1% where its own daily promise gave −0.5%, 1.6 points short. Read the multiple against the whole window instead and 2 times EEM's 0.5% implies +0.9%, which makes EET look 3.0 points short. 1.5 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. EET aims to return +2 times EEM's move each day, then resets. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.
Questions people ask
- Which came closer to its stated multiple, EDC or EET?
- Over the window to Sep 30, 2026, EDC finished 7.2 points from what its multiple implies and EET finished 3.0 points from its own, so EET came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are EDC and EET levered on the same thing?
- Yes. Both are levered on emerging markets, EDC at +3 times and EET at +2 times the daily move.
- Which one decays faster, EDC or EET?
- Decay follows how much the underlying moves about. Over this window EDC’s moved at 24% annualized and EET’s at 24%, so EDC has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold EDC or EET for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, EDC against EET, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/edc-vs-eet
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, EDC against EET, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/edc-vs-eet Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, EDC against EET, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/edc-vs-eet
- APA
- ETFIQ. (Sep 30, 2026). EDC against EET. Retrieved from https://etfiq.com/compare/leverage/edc-vs-eet
- Markdown
- [EDC against EET (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/edc-vs-eet)