MIDU
Direxion Daily Mid Cap Bull 3X Shares

Price: $48.52
Change: $0.91 (-0.02%)
Category: Leveraged Equities
Last Updated:

Vitals

Brand Direxion
Structure ETF
Expense Ratio 1.03%
ETF Home Page Home page
Inception Jan 08, 2009

Analyst Report

This ETF offers 3x daily long leverage to the S&P Midcap 400 Index, making it a powerful tool for investors with a bullish short-term outlook for MidCap U.S. equities. Investors should note that MIDU’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. MIDU can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

ETF Database Themes

Leveraged 3x
Asset Class Equity
Asset Class Size Mid-Cap
Asset Class Style Blend
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Leveraged Equity: U.S. - Mid Cap
Category Size and Style
Focus Mid Cap
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $26.55
  • 52 Week Hi $56.76
  • AUM $91.6 M
  • Shares 1.9 M

Historical Trading Data

  • 1 Month Avg. Volume 91,365
  • 3 Month Avg. Volume 78,043

Alternative ETFs in the ETF Database Leveraged Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPUU 0.61% $127.9 M 19,415 26.66%
Largest (AUM) TQQQ 0.88% $22.4 B 60 M 44.71%
Most Liquid (Volume) SOXL 0.76% $11.7 B 61 M 93.97%
Top YTD Performer NVDL 1.15% $3.6 B 17 M 422.52%

Alternative ETFs in the FactSet Leveraged Equity: U.S. - Mid Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest MVV 0.95% $132.3 M 14,705 8.24%
Largest (AUM) MVV 0.95% $132.3 M 14,705 8.24%
Most Liquid (Volume) MVV 0.95% $132.3 M 14,705 8.24%
Top YTD Performer UMDD 0.95% $30.8 M 13,760 9.80%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

MIDU ETF Database Category Average FactSet Segment Average
Number of Holdings 402 86 403
% of Assets in Top 10 26.75% 67.47% 41.15%
% of Assets in Top 15 28.88% 70.76% 42.87%
% of Assets in Top 50 41.51% 78.53% 53.01%

Size Comparison

MIDU ETF Database Category Average FactSet Segment Average
Large (>12.9B) 12.30% 2.98% 4.10%
Mid (>2.7B) 64.52% 0.56% 21.51%
Small (>600M) 1.12% 0.01% 0.37%
Micro (<600M) 0.00% 0.00% 0.00%

MIDU Valuation

This section compares the P/E ratio of this ETF to its peers.

MIDU
P/E Ratio
0.04
ETF Database Category Average
P/E Ratio
0.02
FactSet Segment Average
P/E Ratio
0.01

MIDU Dividend

This section compares the dividend yield of this ETF to its peers.

MIDU ETF Database Category Average FactSet Segment Average
Dividend $ 0.05 $ 0.29 $ 0.03
Dividend Date 2024-03-19 N/A N/A
Annual Dividend Rate $ 0.58 $ 0.54 $ 0.33
Annual Dividend Yield 1.17% 2.16% 0.64%

MIDU Price and Volume Charts

View charts featuring MIDU price and volume data.

MIDU Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -3.65 M 3 Month Net Flows: 15.15 M 6 Month Net Flows: 17.7 M 1 Year Net Flows: 21.67 M 3 Year Net Flows: -5.67 M 5 Year Net Flows: -8.55 M 10 Year Net Flows: -53.45 M

MIDU Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.