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Leveraged & Inverse ETFs

Direxion Daily Mid Cap Bull 3X Shares

The Direxion Daily Mid Cap Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Mid Cap 400® Index. There is no guarantee the fund will achieve its stated investment objective.

MIDU

NAV (Net Asset Value)$49.64As of Mar 18, 2024
1 Day NAV change$-0.32(-0.64%)As of Mar 18, 2024
Daily Target
+300%
Intra-day Value
MIDU.IV
Daily NAV
$49.64
Daily Market Price
$49.74
Expense Ratio
(gross/net %)
1.04 / 1.03*
Daily Volume
34,799
Security Identifier
25459W730
Inception Date
Jan 08, 2009

Operational Updates

  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
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Documents & Downloads

  • MIDU Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • MIDU Prospectus
  • Daily Fund Holdings (csv)

This leveraged ETF seeks a return that is 300% of the return of its benchmark index for a single dayThe fund should not be expected to provide three times the return of its benchmark’s cumulative return for periods greater than a day.

Pricing & Performance

NAV and Market Price information as of 03/18/2024.

MIDU Direxion Daily Mid Cap Bull 3X Shares
Net Asset Value (NAV)
$49.64Nav
$-0.32Change
-0.64%Change
Market Price Closing
$49.74Market
$-0.30Change
-0.60%Change
Premium / Discount
$+0.10Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
MIDU NAV
16.87
37.56
9.18
16.47
-0.60
3.40
9.43
22.21
1.04 / 1.03*
01/08/2009
MIDU Market Close
16.50
37.38
8.84
16.31
-0.65
3.37
9.41
22.27
1.04 / 1.03*
01/08/2009

As of February 29, 2024

The Primary Listing Exchange is the NYSE Arca, Inc.

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Fund’s adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with the Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2024, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the fund’s website at www.direxion.com.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Index Information

The S&P Mid Cap 400® Index (SPTRMDCP) is a float-adjusted market capitalization weighted index that measures the performance of 400 mid-sized companies in the United States. One cannot invest directly in an index.

Index Top Ten Holdings

% of Total
Deckers Outdoor
0.68%
Reliance Steel
0.64%
Carlisle Companies
0.60%
GoDaddy Inc
0.59%
Graco
0.58%
Watsco
0.58%
RPM
0.57%
Lennox International
0.57%
WP Carey Inc
0.56%
Manhattan Associates
0.53%

Index Sector Weightings

% of Total
Industrials
21.24%
Financials
16.16%
Consumer Discretionary
15.84%
Information Technology
9.73%
Real Estate
8.03%
Health Care
7.80%
Materials
7.06%
Energy
5.06%
Consumer Staples
4.12%
Utilities
3.23%
Communication Services
1.70%
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.

View Daily Fund Holdings

Strategy & Benefits

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:

  • Magnify your short-term perspective with daily 3X leverage
  • Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
  • Stay agile – with liquidity to trade through rapidly changing markets

Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

Distributions

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.27709
09/20/202309/19/202309/26/20230.04018
06/22/202306/21/202306/28/20230.21120
03/22/202303/21/202303/28/20230.10482
12/21/202212/20/202212/28/20220.03837
12/23/202012/22/202012/30/20200.01189
06/24/202006/23/202006/30/20200.01047
12/24/201912/23/201912/31/20190.16849
06/26/201906/25/201907/02/20190.18126
12/28/201812/27/201801/04/20190.16240
09/26/201809/25/201810/02/20180.03362
12/20/201712/19/201712/27/20170.06883
12/14/201712/13/201712/20/20170.000001.17221
12/22/201612/20/201612/28/20160.000000.61254
12/16/201312/12/201312/19/20130.000003.12678
09/21/201209/19/201209/26/20120.000000.565922.38302
06/22/201206/20/201206/27/20120.000000.444191.87044
03/23/201203/23/201203/28/20120.000000.607092.53405
12/15/201112/15/201112/20/20110.000000.454351.95741
06/23/201106/23/201106/28/20110.000001.54900
12/24/201012/22/201012/30/20100.04200
12/16/201012/16/201012/22/20100.000001.06110
09/24/201009/22/201009/29/20100.019451.34856
06/24/201006/22/201006/29/20100.011891.46154
03/25/201003/23/201003/30/20100.179983.42857
12/24/200912/22/200912/30/20090.11752
11/24/200911/24/200911/30/20090.0000013.428070.01996
09/24/200909/22/200909/29/20090.10960
06/25/200906/23/200906/30/20090.05809
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.27709
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.04018
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.21120
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/22/2023
Ex Date03/21/2023
Pay Date03/28/2023
Income Dividend0.10482
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/21/2022
Ex Date12/20/2022
Pay Date12/28/2022
Income Dividend0.03837
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/23/2020
Ex Date12/22/2020
Pay Date12/30/2020
Income Dividend0.01189
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/24/2020
Ex Date06/23/2020
Pay Date06/30/2020
Income Dividend0.01047
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/24/2019
Ex Date12/23/2019
Pay Date12/31/2019
Income Dividend0.16849
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/26/2019
Ex Date06/25/2019
Pay Date07/02/2019
Income Dividend0.18126
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/28/2018
Ex Date12/27/2018
Pay Date01/04/2019
Income Dividend0.16240
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/26/2018
Ex Date09/25/2018
Pay Date10/02/2018
Income Dividend0.03362
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/20/2017
Ex Date12/19/2017
Pay Date12/27/2017
Income Dividend0.06883
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/14/2017
Ex Date12/13/2017
Pay Date12/20/2017
Income Dividend0.00000
Short-Term Capital Gain1.17221
Long-Term Capital Gain
Record Date12/22/2016
Ex Date12/20/2016
Pay Date12/28/2016
Income Dividend0.00000
Short-Term Capital Gain0.61254
Long-Term Capital Gain
Record Date12/16/2013
Ex Date12/12/2013
Pay Date12/19/2013
Income Dividend0.00000
Short-Term Capital Gain3.12678
Long-Term Capital Gain
Record Date09/21/2012
Ex Date09/19/2012
Pay Date09/26/2012
Income Dividend0.00000
Short-Term Capital Gain0.56592
Long-Term Capital Gain2.38302
Record Date06/22/2012
Ex Date06/20/2012
Pay Date06/27/2012
Income Dividend0.00000
Short-Term Capital Gain0.44419
Long-Term Capital Gain1.87044
Record Date03/23/2012
Ex Date03/23/2012
Pay Date03/28/2012
Income Dividend0.00000
Short-Term Capital Gain0.60709
Long-Term Capital Gain2.53405
Record Date12/15/2011
Ex Date12/15/2011
Pay Date12/20/2011
Income Dividend0.00000
Short-Term Capital Gain0.45435
Long-Term Capital Gain1.95741
Record Date06/23/2011
Ex Date06/23/2011
Pay Date06/28/2011
Income Dividend0.00000
Short-Term Capital Gain1.54900
Long-Term Capital Gain
Record Date12/24/2010
Ex Date12/22/2010
Pay Date12/30/2010
Income Dividend0.04200
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/16/2010
Ex Date12/16/2010
Pay Date12/22/2010
Income Dividend0.00000
Short-Term Capital Gain1.06110
Long-Term Capital Gain
Record Date09/24/2010
Ex Date09/22/2010
Pay Date09/29/2010
Income Dividend0.01945
Short-Term Capital Gain1.34856
Long-Term Capital Gain
Record Date06/24/2010
Ex Date06/22/2010
Pay Date06/29/2010
Income Dividend0.01189
Short-Term Capital Gain1.46154
Long-Term Capital Gain
Record Date03/25/2010
Ex Date03/23/2010
Pay Date03/30/2010
Income Dividend0.17998
Short-Term Capital Gain3.42857
Long-Term Capital Gain
Record Date12/24/2009
Ex Date12/22/2009
Pay Date12/30/2009
Income Dividend0.11752
Short-Term Capital Gain
Long-Term Capital Gain
Record Date11/24/2009
Ex Date11/24/2009
Pay Date11/30/2009
Income Dividend0.00000
Short-Term Capital Gain13.42807
Long-Term Capital Gain0.01996
Record Date09/24/2009
Ex Date09/22/2009
Pay Date09/29/2009
Income Dividend0.10960
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/25/2009
Ex Date06/23/2009
Pay Date06/30/2009
Income Dividend0.05809
Short-Term Capital Gain
Long-Term Capital Gain

Documents

Tax Documents

Download the following Tax Reporting Documents

  • Ordinary Income from U.S. Government Obligations (2016)

How to Buy

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

Documents & Downloads

How to Buy

While you can't purchase our funds from our website, investors still have multiple options for buying Direxion ETFs
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