Key stats
About Direxion Mid Cap Bull 3X Shares
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Inception date
Jan 8, 2009
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
MIDU aims to provide daily leveraged 3x exposure to the S&P 400 Midcap Index. The fund most commonly invests in swap agreements and futures contracts which are intended to produce economically-leveraged investment results. MIDU is a tactical tool and will attempt to achieve its investment objective without regard to overall market movement. As a levered product, MIDU presents different risks than other types of funds and is thus not a buy-and-hold investment. It should not be expected to provide index leverage returns greater than a one-day period.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Cash
Stocks71.84%
Finance17.91%
Producer Manufacturing7.29%
Technology Services5.73%
Electronic Technology4.96%
Retail Trade4.40%
Health Technology3.77%
Consumer Services3.48%
Industrial Services3.31%
Non-Energy Minerals2.76%
Process Industries2.50%
Transportation2.42%
Consumer Non-Durables2.13%
Distribution Services2.13%
Energy Minerals2.04%
Consumer Durables1.75%
Utilities1.73%
Health Services1.67%
Commercial Services1.52%
Communications0.34%
Bonds, Cash & Other28.16%
Cash28.16%
Stock breakdown by region
North America98.12%
Europe1.88%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MIDU invests in stocks. The fund's major sectors are Finance, with 17.91% stocks, and Producer Manufacturing, with 7.29% of the basket. The assets are mostly located in the North America region.
MIDU last dividends amounted to 0.17 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 21.03% increase.
MIDU assets under management is 75.23 M USD. It's risen 20.89% over the last month.
MIDU fund flows account for 15.64 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MIDU pays dividends to its holders with the dividend yield of 1.70%. The last dividend (Apr 1, 2025) amounted to 0.17 USD. The dividends are paid quarterly.
MIDU shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jan 8, 2009, and its management style is Passive.
MIDU expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
MIDU follows the S&P Mid Cap 400. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MIDU invests in stocks.
MIDU price has risen by 15.65% over the last month, and its yearly performance shows a −22.96% decrease. See more dynamics on MIDU price chart.
NAV returns, another gauge of an ETF dynamics, showed a −19.92% decrease in three-month performance and has decreased by −21.10% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −19.92% decrease in three-month performance and has decreased by −21.10% in a year.
MIDU trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.