EURL ETF — Direxion Daily FTSE Europe Bull 3X Shares

Direxion Daily FTSE Europe Bull 3X Shares (EURL)

EURL is an ETF that tracks the FTSE Europe. As of August 19, 2026, its distribution rate is 1.47%, its trailing-12-month yield is 1.47%, its expense ratio is 1.04%. Dividend Vision Distribution Safety Score™ is 52/100 (Caution). Fund total return is 47.2% over the past 12.6 years, 366.8 points behind SPY at 414.0%.

At the current 1.47% distribution rate, a $10,000 investment would generate approximately $147 per year, or $12.25 per month on an equivalent basis. Actual quarterly payments vary.

Direxion Daily FTSE Europe Bull 3X Shares is an ETF that seeks to deliver three times the daily performance of the FTSE Europe index, which tracks large-, mid-, and small-cap companies across developed European markets, using leverage through swap agreements and related financial instruments. The fund carries a modest distribution rate with quarterly distributions and an expense ratio of 1.04%. This leveraged product is designed for traders and short-term tactical investors seeking amplified exposure to European equities rather than long-term income-focused investors.

EURL performance versus SPY

Data as of August 19, 2026.

Fund total return is 47.2% over the past 12.6 years, 366.8 points behind SPY at 414.0%. Its deepest 1-year drawdown was 33.0%.

EURL key facts

Data as of August 19, 2026.

Distribution Safety Score™

52 · Caution

Safety-Adjusted Yield

0.76%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

01/22/2014

Expense ratio

1.04%

Distribution rate

1.47%

Distribution frequency

Quarterly

Trailing yield

1.47%

Last close

$50.07

AUM

$54,053,188

Average volume

4950.0

Last dividend

$0.3940

Ex-dividend date

06/23/2026

Payment date

06/30/2026

Beta

1.99

P/E ratio

18.5094

How Dividend Vision calculates yield and returns

Distribution rate (1.47%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.47%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Direxion; Index: FTSE Europe; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

EURL risks and drawbacks

EURL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 33.0%.

Who may consider EURL — and who may not

It is a weaker fit for investors who need monthly cash flow (EURL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Direxion.