Direxion Daily Mid Cap Bull 3X ETF (MIDU)
44.41
-0.27
(-0.60%)
USD |
NYSEARCA |
Apr 18, 16:00
43.79
-0.62
(-1.40%)
After-Hours: 04:39
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.03% | -0.03% | 68.87M | 71190.20 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
1.30% | 17.00% | 13.96M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P MidCap® 400 Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with its investment objective. The index measures the performance of 400 mid-sized companies in the United States. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
S&P MidCap 400 TR | 300.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 15.24 yrs |
Tony Ng | 8.51 yrs |
Performance Versus Category
As of April 18, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 18, 2024.
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P MidCap® 400 Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with its investment objective. The index measures the performance of 400 mid-sized companies in the United States. The fund is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
S&P MidCap 400 TR | 300.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 15.24 yrs |
Tony Ng | 8.51 yrs |