Direxion Daily FTSE Europe Bull 3x Shares

EURL

Market cap $34.2M

Europe's macro outlook is shifting. After years of fiscal restraint and fragmented policy, the region is entering a new chapter - one centered on pro-growth fiscal policy, energy security, and capital-market reform.

For investors looking for income through a multi-asset class approach, it might seem sensible to max out the dividend yield within the equity allocation. Yield-focused equity strategies may introduce regional and sector concentrations that can influence returns. Given the relatively attractive yields available in other asset classes, we think it makes more sense to design 'core-like' equity exposure within multi-asset income solutions.

French bond yields have risen significantly against German bunds and are likely to stay elevated or potentially move higher. The European Central Bank still appears to be a reliable backstop against excessive bond turmoil.

European equities have certainly sloughed off the effect of tariffs. In turn, the bullish momentum is propelling the Direxion Daily FTSE Europe Bull 3X ETF (EURL) to greater heights.

GDXU, KORU, DFEN and others soared in the first half of 2025 as AI momentum, global stimulus, and gold gains fueled leveraged ETF outperformance.

Europe's push to boost its defense spending and rearmament could uplift a pair of leverage ETFs: the Direxion Daily FTSE Europe Bull 3X ETF (EURL) and the Direxion Daily Aerospace & Defense Bull 3X Shares ETF (DFEN).

The U.S. stock market saw wild swings, while international markets experienced a smooth ride in the first quarter.

In a market brimming with uncertainty, investors are seeking ways to diversify from their core equities portfolio. One of the ways is seeking international opportunities, highlighting the benefits of international diversification.

Plans to increase defense and infrastructure spending offer compelling economic benefits for Germany's lagging manufacturing sector. The US seems to be dramatically reducing spending through its Department of Government Efficiency (DOGE) effort.

These leveraged ETFs won last week.