MIDU vs. TYD
MIDU (Direxion Daily Mid Cap Bull 3X Shares) and TYD (Direxion Daily 7-10 Year Treasury Bull 3X) are both exchange-traded funds - MIDU is a Leveraged Equities fund tracking the S&P MidCap 400 Index (300%), while TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 10 years, MIDU returned 11.03%/yr vs -5.55%/yr for TYD. At a correlation of -0.21, they often move in opposite directions. MIDU charges 1.06%/yr vs 1.09%/yr for TYD.
Performance
MIDU vs. TYD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MIDU achieves a 38.50% return, which is significantly higher than TYD's -8.67% return. Over the past 10 years, MIDU has outperformed TYD with an annualized return of 11.03%, while TYD has yielded a comparatively lower -5.55% annualized return.
MIDU
- 1D
- 3.00%
- 1M
- -1.49%
- 6M
- 21.86%
- YTD
- 38.50%
- 1Y
- 50.44%
- 3Y*
- 17.97%
- 5Y*
- 4.79%
- 10Y*
- 11.03%
- ALL TIME*
- 21.96%
TYD
- 1D
- -0.78%
- 1M
- -3.38%
- 6M
- -6.39%
- YTD
- -8.67%
- 1Y
- -3.97%
- 3Y*
- -4.77%
- 5Y*
- -14.54%
- 10Y*
- -5.55%
- ALL TIME*
- 0.96%
MIDU vs. TYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIDU Direxion Daily Mid Cap Bull 3X Shares | 38.50% | -2.75% | 20.32% | 27.79% | -49.27% | 72.89% | -18.31% | 77.38% | -39.21% | 46.86% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | -8.67% | 11.68% | -13.89% | -2.87% | -43.32% | -11.36% | 27.62% | 17.88% | 0.76% | 5.64% |
Correlation
The correlation between MIDU and TYD is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2009 | -0.21 |
The correlation between MIDU and TYD shifts across timeframes, from -0.21 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MIDU vs. TYD — Risk / Return Rank
MIDU
TYD
MIDU vs. TYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Mid Cap Bull 3X Shares (MIDU) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MIDU | TYD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.96 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | -0.29 | +2.26 |
| Martin ratioReturn relative to average drawdown | 6.42 | -0.64 | +7.06 |
Loading charts...
Drawdowns
MIDU vs. TYD - Drawdown Comparison
The maximum MIDU drawdown since its inception was -86.26%, which is greater than TYD's maximum drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for MIDU and TYD.
Loading charts...
Drawdown Indicators
| MIDU | TYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.26% | -64.28% | -21.98% |
Max Drawdown (1Y)Largest decline over 1 year | -25.80% | -13.54% | -12.26% |
Max Drawdown (3Y)Largest decline over 3 years | -60.41% | -22.32% | -38.09% |
Max Drawdown (5Y)Largest decline over 5 years | -64.14% | -59.84% | -4.30% |
Max Drawdown (10Y)Largest decline over 10 years | -86.26% | -64.28% | -21.98% |
Current DrawdownCurrent decline from peak | -6.39% | -60.31% | +53.92% |
Average DrawdownAverage peak-to-trough decline | -22.30% | -22.22% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.88% | 6.24% | +1.64% |
Volatility
MIDU vs. TYD - Volatility Comparison
Direxion Daily Mid Cap Bull 3X Shares (MIDU) has a higher volatility of 10.37% compared to Direxion Daily 7-10 Year Treasury Bull 3X (TYD) at 3.93%. This indicates that MIDU's price experiences larger fluctuations and is considered to be riskier than TYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIDU | TYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.37% | 3.93% | +6.44% |
Volatility (6M)Calculated over the trailing 6-month period | 34.84% | 10.30% | +24.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.10% | 13.80% | +33.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.24% | 22.92% | +36.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.47% | 20.20% | +43.27% |
MIDU vs. TYD - Expense Ratio Comparison
MIDU has a 1.06% expense ratio, which is lower than TYD's 1.09% expense ratio.
Dividends
MIDU vs. TYD - Dividend Comparison
MIDU's dividend yield for the trailing twelve months is around 0.51%, less than TYD's 3.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIDU Direxion Daily Mid Cap Bull 3X Shares | 0.51% | 1.04% | 1.10% | 1.43% | 0.11% | 0.00% | 0.06% | 0.71% | 0.70% | 2.67% | 1.89% | 0.00% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | 3.38% | 2.97% | 3.10% | 2.71% | 0.55% | 0.00% | 9.80% | 0.92% | 1.10% | 0.01% | 6.84% | 1.65% |
Frequently Asked Questions
MIDU and TYD have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIDU has higher volatility (10.37%) compared to TYD (3.93%). In terms of maximum drawdown, MIDU dropped -86.26% vs TYD's -64.28%.
On 10-year performance, MIDU leads with 11.03% vs -5.55% for TYD. On fees, MIDU is cheaper at 1.06% per year. On volatility, TYD has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, MIDU has performed better with a 11.03% return vs -5.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MIDU is cheaper with a 1.06% expense ratio, compared with 1.09% for TYD.
TYD has the higher dividend yield at 3.38%, compared with 0.51% for MIDU.
MIDU is categorized as Leveraged Equities, while TYD is Leveraged Bonds. MIDU tracks S&P MidCap 400 Index (300%), while TYD tracks NYSE 7-10 Year Treasury Bond Index. Their fees differ too: 1.06% for MIDU and 1.09% for TYD.
MIDU currently has the higher Sharpe Ratio (1.08 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MIDU and TYD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer