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Direxion Daily Mid Cap Bull 3X Shares (MIDU)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25459W7305

CUSIP

25459W730

Issuer

Direxion

Inception Date

Jan 8, 2009

Region

North America (U.S.)

Leveraged

3x

Index Tracked

S&P MidCap 400 Index (300%)

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

MIDU has a high expense ratio of 1.06%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Direxion Daily Mid Cap Bull 3X Shares (MIDU) returned -21.62% year-to-date (YTD) and -15.51% over the past 12 months. Over the past 10 years, MIDU returned 4.83% annually, underperforming the S&P 500 benchmark at 10.85%.


MIDU

YTD

-21.62%

1M

15.91%

6M

-38.38%

1Y

-15.51%

3Y*

-1.52%

5Y*

16.79%

10Y*

4.83%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of MIDU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202510.02%-13.52%-17.54%-13.81%15.91%-21.62%
2024-6.58%16.50%16.35%-18.46%12.34%-6.36%16.59%-3.15%1.85%-3.44%26.88%-21.39%20.32%
202328.28%-6.80%-11.83%-3.67%-10.64%27.65%11.50%-10.03%-16.29%-16.62%24.81%26.26%27.79%
2022-21.38%2.16%2.00%-21.26%-0.76%-28.33%34.43%-10.76%-27.08%31.88%15.98%-17.36%-49.27%
20213.20%20.52%13.15%12.98%-0.20%-3.96%0.02%5.42%-12.08%18.03%-9.57%14.65%72.89%
2020-8.51%-27.02%-63.88%38.66%18.85%-0.51%12.82%10.64%-10.85%5.58%47.01%19.63%-18.31%
201933.59%12.07%-2.69%11.60%-23.34%23.87%2.16%-13.63%8.60%2.28%8.33%8.21%77.38%
20187.84%-14.16%1.79%-2.03%12.02%0.62%4.37%9.20%-3.66%-27.62%8.52%-32.26%-39.21%
20174.72%7.30%-1.73%1.62%-2.03%4.34%2.25%-5.35%11.86%6.37%11.14%0.03%46.86%
2016-17.11%2.93%26.77%2.89%6.22%-0.16%12.87%1.05%-2.96%-8.15%25.21%5.81%58.95%
2015-4.07%15.40%3.49%-4.93%4.92%-3.96%-0.52%-17.46%-10.55%17.11%3.46%-13.04%-15.07%
2014-7.21%14.47%0.55%-5.27%4.87%12.86%-12.96%15.62%-13.56%9.58%5.48%1.84%22.62%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MIDU is 10, meaning it’s performing worse than 90% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MIDU is 1010
Overall Rank
The Sharpe Ratio Rank of MIDU is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of MIDU is 1414
Sortino Ratio Rank
The Omega Ratio Rank of MIDU is 1414
Omega Ratio Rank
The Calmar Ratio Rank of MIDU is 66
Calmar Ratio Rank
The Martin Ratio Rank of MIDU is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily Mid Cap Bull 3X Shares (MIDU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Direxion Daily Mid Cap Bull 3X Shares Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: -0.23
  • 5-Year: 0.27
  • 10-Year: 0.08
  • All Time: 0.31

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Direxion Daily Mid Cap Bull 3X Shares compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Direxion Daily Mid Cap Bull 3X Shares provided a 1.69% dividend yield over the last twelve months, with an annual payout of $0.70 per share.


0.00%0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.00$1.20201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM202420232022202120202019201820172016
Dividend$0.70$0.58$0.63$0.04$0.00$0.02$0.35$0.20$1.24$0.61

Dividend yield

1.69%1.10%1.43%0.11%0.00%0.05%0.71%0.70%2.67%1.89%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Mid Cap Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.17$0.00$0.00$0.17
2024$0.00$0.00$0.05$0.00$0.00$0.25$0.00$0.00$0.15$0.00$0.00$0.13$0.58
2023$0.00$0.00$0.11$0.00$0.00$0.21$0.00$0.00$0.04$0.00$0.00$0.28$0.63
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.01$0.02
2019$0.00$0.00$0.00$0.00$0.00$0.18$0.00$0.00$0.00$0.00$0.00$0.17$0.35
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.16$0.20
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.24$1.24
2016$0.61$0.61

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Mid Cap Bull 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily Mid Cap Bull 3X Shares was 86.26%, occurring on Mar 23, 2020. Recovery took 233 trading sessions.

The current Direxion Daily Mid Cap Bull 3X Shares drawdown is 43.90%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-86.26%Aug 30, 2018392Mar 23, 2020233Feb 24, 2021625
-64.14%Nov 17, 2021489Oct 27, 2023
-63.24%Jan 9, 200940Mar 9, 200941May 6, 200981
-62%May 2, 2011108Oct 3, 2011326Jan 22, 2013434
-51.55%Jun 24, 2015161Feb 11, 2016195Nov 17, 2016356
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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