Direxion Daily MSCI European Financials Bull 2X Shares
EUFL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- United States of America
- IPO Date
- Jul 26, 2016
- CIK
- 0001424958
- Similar Companies
- Business
- Direxion Daily MSCI European Financials Bull 2X Shares (EUFL) is a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the performance of the MSCI Europe Financials Index. The fund invests in public equity markets of European developed regions, targeting companies operating across diversified financial sectors including banks, insurance providers, diversified financial services, and other financial institutions; it employs derivatives such as futures, options, and swaps to achieve its leveraged exposure to growth and value stocks across various market capitalizations. Managed by Rafferty Asset Management, LLC as investment adviser, EUFL forms part of the Direxion Shares ETF Trust and trades on U.S. exchanges for active traders and institutions seeking amplified short-term exposure to European financials. Formed on July 27, 2016, and domiciled in the United States, the fund operates under Direxion Shares ETF Trust, with headquarters at 535 Madison Avenue, 37th Floor, New York, New York. Direxion, the ETF sponsor founded in 1997 originally as Potomac Funds, maintains additional offices in Boston and Hong Kong, providing a suite of leveraged and inverse ETFs focused on precise market perspectives for decisive investors. The fund primarily serves sophisticated traders targeting European financial sector opportunities amid varying market conditions. In recent developments, Direxion has expanded its leveraged and inverse ETF offerings through multiple new product launches, including single-stock daily leveraged and inverse ETFs for Berkshire Hathaway and Palantir in December 2024, AMD in February 2025, and Ford in July 2025; the firm also announced closures of select underperforming ETFs such as WFH, EVAV, XXCH in October 2025, OOTO, and CLDL in June 2025. These strategic moves reflect Direxion's ongoing portfolio optimization and innovation in response to trader demand for targeted exposure vehicles. No specific acquisitions, funding rounds, or reorganizations directly impacting EUFL were reported in the last 1-2 years.