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Direxion Daily Mid Cap Bull 3X Shares (MIDU)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
69.11 USD -1.21 (-1.721%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 5:58 a.m. EDT

The long-term outlook remains neutral due to the inherent structural risks of leveraged ETFs, which suffer from compounding drag during volatile markets. While the underlying index has shown resilience over the last decade, the asset itself has experienced significant drawdowns and is currently trading near its 52-week highs, leaving little room for error if volatility spikes again. The recent price action shows some strength, trading above key moving averages, which supports a cautious short-term bullish lean, but the lack of a definitive trend makes a high-conviction entry premature. The dividend yield is nominal and serves primarily as a return of capital mechanism common to these structures rather than a sustainable income stream. Options flow confirms this ambivalence, with traders hedging against a drop while waiting for a potential rebound, resulting in a mixed sentiment that prevents a strong directional rating.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.053210
MSTL0.054629
AutoARIMA0.058691
AutoETS0.058691

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 37%
H-stat 8.57
Ljung-Box p 0.000
Jarque-Bera p 0.461
Excess Kurtosis -0.80
Attribute Value
Trailing P/E 20.46

As of July 11, 2026, 5:58 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. In the near term (July 2026), there is heavy open interest in both deep out-of-the-money calls and puts, suggesting a bet on a wide range expansion. However, the October 2026 data reveals a stark divergence: massive open interest in deep out-of-the-money puts (strikes 35-64) with zero call volume, indicating a significant hedge against a potential crash or a bearish view on the underlying mid-cap index. Conversely, January 2027 shows a shift toward out-of-the-money calls, hinting at a belief that the asset will eventually recover or rally, but the immediate options flow is dominated by downside protection.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.16% 0.63% 1.11% 0.86%
Dividend History
Date Dividend Yield %
2026-06-23 0.114000 0.163417
2026-03-24 0.093000 0.176471
2025-12-23 0.064000 0.119070
2025-09-23 0.090000 0.174791
2025-06-24 0.206000 0.467120
2025-03-25 0.166000 0.365478
2024-12-23 0.131000 0.244677
2024-09-24 0.153000 0.278030
2024-06-25 0.245000 0.514814
2024-03-19 0.050000 0.098736
2023-12-21 0.277000 0.626981
2023-09-19 0.040000 0.109439
2023-06-21 0.211000 0.558792
2023-03-21 0.105000 0.299658
2022-12-20 0.038000 0.110981
2020-12-22 0.012000 0.030272
2020-06-23 0.010000 0.050025
2019-12-23 0.168000 0.341048
2019-06-25 0.181000 0.450361
2018-12-27 0.162000 0.592755
2018-09-25 0.034000 0.063197
2017-12-19 0.069000 0.149577
2017-12-13 1.172000 2.589483
2016-12-20 0.613000 1.790827
2013-12-12 0.781750 4.448712
2012-09-19 0.737250 7.910408
2012-06-20 0.578750 7.156105
2012-03-21 0.785250 7.620087
2011-12-13 0.603000 8.305785
2011-06-21 0.387250 3.022439
2011-03-22 0.249750 1.944715
2010-12-22 0.010500 0.087628
2010-12-14 0.265250 2.353072
2010-09-22 0.342000 4.213120
2010-06-22 0.368250 4.771623
2010-03-23 0.300750 3.022613
2009-12-22 0.009833 0.120960
2009-11-20 1.120667 16.304564
2009-09-22 0.009167 0.106130
2009-06-23 0.004833 0.112005
2009-03-24 0.007417 0.243247
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.48

Info Dump

Attribute Value
All Time High 76.75
All Time Low 1.77
Ask 0.0
Ask Size 1,700
Average Daily Volume10 Day 26,500
Average Daily Volume3 Month 26,601
Average Volume 26,601
Average Volume10Days 26,500
Beta3 Year 3.03
Bid 0.0
Bid Size 700
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 70.569
Day Low 68.78
Dividend Yield 0.48
Eps Trailing Twelve Months 3.377232
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 68.1544
Fifty Day Average Change 0.9555969
Fifty Day Average Change Percent 0.0140210595
Fifty Two Week Change Percent 45.529808
Fifty Two Week High 75.06
Fifty Two Week High Change -5.949997
Fifty Two Week High Change Percent -0.07926988
Fifty Two Week Low 42.69
Fifty Two Week Low Change 26.420002
Fifty Two Week Low Change Percent 0.6188804
Fifty Two Week Range 42.69 - 75.06
First Trade Date Milliseconds 1,231,425,000,000
Five Year Average Return 0.0386057
Full Exchange Name NYSEArca
Fund Family Direxion Funds
Fund Inception Date 1,231,372,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with its investment objective. The index measures the performance of 400 mid-sized companies in the United States. The fund is non-diversified.
Long Name Direxion Daily Mid Cap Bull 3X Shares
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_52056709
Nav Price 70.267
Net Assets 82,139,864.0
Net Expense Ratio 0.98
Open 70.49
Phone 866-476-7523
Previous Close 70.32
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.21
Regular Market Change Percent -1.7207
Regular Market Day High 70.569
Regular Market Day Low 68.78
Regular Market Day Range 68.78 - 70.569
Regular Market Open 70.49
Regular Market Previous Close 70.32
Regular Market Price 69.11
Regular Market Time 1,783,972,800
Regular Market Volume 9,244
Short Name Direxion Mid Cap Bull 3X ETF
Source Interval 15
Symbol MIDU
Three Year Average Return 0.1758565
Total Assets 82,139,864
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 20.463503
Trailing Peg Ratio None
Trailing Three Month Nav Returns 43.90001
Trailing Three Month Returns 43.90001
Triggerable 1
Two Hundred Day Average 57.99385
Two Hundred Day Average Change 11.11615
Two Hundred Day Average Change Percent 0.19167808
Type Disp ETF
Volume 9,244
Yield 0.0047999998
Ytd Return 47.60447