ETF profile for Direxion Daily Mu Bear 1X ETF (MUD) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
MUD ETF Profile
| Family: |
Direxion Shares |
| Name: |
Direxion Daily MU Bear 1X ETF |
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| Inception Date: |
10-Oct-2024 |
| Termination Date: |
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| Investment Objective: |
The Direxion Daily MU Bear 1X Shares seek daily investment results, before fees and expenses, of 100% of the inverse (or opposite), of the performance of the common shares of Micron Technology, Inc. (NASDAQ: MU). Micron Technology, Inc. is a semiconductor company that produces computer memory and computer data storage, including dynamic random-access memory, flash memory, and USB flash drives. The fund invests in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to MU, consistent with the Fund's investment objective. The Fund will enter into one or more swap agreements with major global financial institutions whereby the Fund and the global financial institution will agree to exchange the return earned on an investment by the Fund in MU that is equal, on a daily basis, to -100% of the value of the Fund's net assets. The Adviser attempts to consistently apply leverage to obtain short MU exposure for the Fund equal to -100% of the value of its net assets and expects to rebalance the Fund's holdings daily to maintain such exposure. |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
|
90.4013% |
| DREYFUS GOVT CASH MAN INS |
|
71.7876% |
| MU SWAP ASSET LEG |
|
-34.3104% |
| MU SWAP ASSET LEG |
|
-33.9352% |
| MU SWAP ASSET LEG |
|
-16.8206% |
| DREYFUS TRSRY SECURITIES CASH MGMT |
X9USDDTP3 |
14.8861% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT |
X9USDGLDS |
10.0983% |
| MU SWAP ASSET LEG |
|
-5.3351% |
| GOLDMAN FINL SQ TRSRY INST 506 |
|
3.2280% |
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Top 10 Holdings Weight: |
100.0% |
| Number of Holdings: |
9 |
| Shares Outstanding: |
3,884,955 |
| Total Net Assets: |
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| NAV: |
10.48 |
| Net Expense Ratio: |
1.02% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Technology |
| Industry: |
Semiconductor |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
Inverse (-1) |
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
