MIDU vs. TSLG
Compare and contrast key facts about Direxion Daily Mid Cap Bull 3X Shares (MIDU) and Leverage Shares 2X Long TSLA Daily ETF (TSLG).
MIDU and TSLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MIDU is a passively managed fund by Direxion that tracks the performance of the S&P MidCap 400 Index (300%). It was launched on Jan 8, 2009. TSLG is an actively managed fund by Leverage Shares. It was launched on Dec 12, 2024.
Performance
MIDU vs. TSLG - Performance Comparison
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MIDU vs. TSLG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MIDU Direxion Daily Mid Cap Bull 3X Shares | 5.27% | -2.75% | -14.45% |
TSLG Leverage Shares 2X Long TSLA Daily ETF | -35.84% | -26.70% | -16.81% |
Returns By Period
In the year-to-date period, MIDU achieves a 5.27% return, which is significantly higher than TSLG's -35.84% return.
MIDU
- 1D
- 2.70%
- 1M
- -16.95%
- YTD
- 5.27%
- 6M
- 4.71%
- 1Y
- 28.24%
- 3Y*
- 14.30%
- 5Y*
- -1.16%
- 10Y*
- 9.95%
TSLG
- 1D
- 9.07%
- 1M
- -16.83%
- YTD
- -35.84%
- 6M
- -39.88%
- 1Y
- 34.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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MIDU vs. TSLG - Expense Ratio Comparison
MIDU has a 1.06% expense ratio, which is higher than TSLG's 0.75% expense ratio.
Return for Risk
MIDU vs. TSLG — Risk / Return Rank
MIDU
TSLG
MIDU vs. TSLG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Mid Cap Bull 3X Shares (MIDU) and Leverage Shares 2X Long TSLA Daily ETF (TSLG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| MIDU | TSLG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.44 | 0.32 | +0.12 |
Sortino ratioReturn per unit of downside risk | 1.06 | 1.26 | -0.20 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.15 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.79 | 0.59 | +0.20 |
Martin ratioReturn relative to average drawdown | 2.87 | 1.27 | +1.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MIDU | TSLG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 0.32 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | -0.44 | +0.76 |
Correlation
The correlation between MIDU and TSLG is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MIDU vs. TSLG - Dividend Comparison
MIDU's dividend yield for the trailing twelve months is around 0.84%, less than TSLG's 10.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MIDU Direxion Daily Mid Cap Bull 3X Shares | 0.84% | 1.04% | 1.10% | 1.43% | 0.11% | 0.00% | 0.06% | 0.71% | 0.70% | 2.67% | 1.89% |
TSLG Leverage Shares 2X Long TSLA Daily ETF | 10.20% | 6.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MIDU vs. TSLG - Drawdown Comparison
The maximum MIDU drawdown since its inception was -86.26%, roughly equal to the maximum TSLG drawdown of -82.86%. Use the drawdown chart below to compare losses from any high point for MIDU and TSLG.
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Drawdown Indicators
| MIDU | TSLG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.26% | -82.86% | -3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -38.35% | -50.92% | +12.57% |
Max Drawdown (5Y)Largest decline over 5 years | -64.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.26% | — | — |
Current DrawdownCurrent decline from peak | -26.73% | -67.59% | +40.86% |
Average DrawdownAverage peak-to-trough decline | -22.54% | -58.04% | +35.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.64% | 23.82% | -13.18% |
Volatility
MIDU vs. TSLG - Volatility Comparison
The current volatility for Direxion Daily Mid Cap Bull 3X Shares (MIDU) is 19.30%, while Leverage Shares 2X Long TSLA Daily ETF (TSLG) has a volatility of 22.28%. This indicates that MIDU experiences smaller price fluctuations and is considered to be less risky than TSLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIDU | TSLG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.30% | 22.28% | -2.98% |
Volatility (6M)Calculated over the trailing 6-month period | 35.70% | 59.35% | -23.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.21% | 110.61% | -45.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.47% | 119.00% | -59.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.54% | 119.00% | -55.46% |