Summary
Direxion Daily Mid Cap Bull 3X ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 406. The ten largest make up 262% of the fund.
- Yearly costs
- 0.99%
- Fund size
- $61.4M
- Positions
- 406
- Dividend yield
- 0.48%
- Running since
- 2009
What speaks for it
- Average yearly growth over the last ten years: 8.8%.
- It has been running since 2009.
What to watch
- The ten largest positions make up 262% of the fund, so its result rests on a few names.
- 84% of the fund is in one country (United States).
- Costs of 0.99% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 65% from its high.
- A small fund with $61.4M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.4%
- 3 months
- -15%
- This year
- +17%
- 1 year
- +16%
- 3 years
- +115%
- 5 years
- -13%
- 10 years
- +133%
- Avg. market cap
- $19.3B
- P/E
- 23.9x
- Forward P/E
- 19.0x
- P/S
- 1.8x
- P/B
- 3.6x
- P/FCF
- 16.8x
- EV/EBITDA
- 16.6x
- Dividend yield
- 0.59%
- ROIC
- 12.6%
- ROE
- 18.2%
- Gross margin
- 46.8%
- Operating margin
- -392.6%
- Net margin
- -66.7%
- Payout ratio
- 14.1%
- Net debt/EBITDA
- 1.3x
- Beta
- 3.06
Weighted average of the 50 largest companies, which make up 19% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 MID SWAP ASSET LEG (MIDUBL) 88%
- 2 MID SWAP ASSET LEG (MIDJPL) 58%
- 3 MID SWAP ASSET LEG (MIDMLL) 57%
- 4 MID SWAP ASSET LEG (MIDCTL) 27%
- 5 GOLDMAN FINL SQ TRSRY INST 506 17%
- 6 DREYFUS GOVT CASH MAN INS 14%
- 7 OKOkta OKTA 0.7%
- 8 FTTechnipFMC plc FTI 0.5%
- 9 UTUnited Therapeutics UTHR 0.5%
- 10 USUS Foods Holding Corp. USFD 0.5%
Positions in the fund: 406. The ten largest make up 262% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One countryBy sector
- Industrials 22%
- Technology 18%
- Financials 14%
- Healthcare 10%
- Consumer cyclical 10%
- Other 26%
By country
- United States 84%
- United Kingdom 1.5%
- Bermuda 0.6%
- Cayman Islands 0.4%
- Other countries 14%
By company size
- Large cap 54%
- Mid cap 46%
- Small cap 0.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 71% of the fund.
Largest sector: Industrials (22%). Largest country: United States (84%). Largest size group: Large cap (54%).
What does it cost me?
Expensive- A year from $10,000
- $99.00
- Over 20 years
- $4,580
From every $10,000 invested the fund takes $99.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,580.
How has it done?
Growing over the long run- A year on average, 10 years
- +8.8%
- Deepest drop
- -65%
- Yearly volatility
- 45%
Average yearly growth over the last ten years: 8.8%. Deepest drop in these years: 65% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.48%
- Payments a year
- 4
- Last payment
- $0.01
Over the last 12 months it paid $0.28 per share, which is 0.48% of today's price. The last payment was $0.01 on Sep 22, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.11M
- Shares a day
- 19K
On an average day about $1.11M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 23.9
- Average Bulios Score
- 63 out of 100
Weight by Bulios Fair Price
- Undervalued 10%
- Fairly valued 24%
- Overvalued 66%
On average the companies inside trade for 23.9 times their yearly profit. By Fair Price, 66% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 19% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
MD MDY State Street SPDR S&P MIDCAP 400 ETF Trust | United States | 0.23% | $25.6B | +9.6% | Pays out | 71% |
IJ IJH iShares Core S&P Mid-Cap ETF | United States | 0.05% | $121.3B | +9.7% | Pays out | 71% |
PT PTMC Pacer Trendpilot US Mid Cap ETF | United States | 0.60% | $365.0M | +8.5% | Pays out | 71% |
SP SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | United States | 0.03% | $18.3B | +9.6% | Pays out | 71% |
MV MVV ProShares - Ultra MidCap400 | United States | 1.01% | $143.4M | +13% | Pays out | 71% |
IJ IJH.AX iShares S&P Mid-Cap ETF | Australia | 0.07% | $340.2M | +2.1% | Pays out | 70% |