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TSMZ vs MIDU

Direxion Daily TSM Bear 1X Shares vs Direxion Daily Mid Cap Bull 3X Shares

TSMZ

Direxion Daily TSM Bear 1X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$3M

MIDU

Direxion Daily Mid Cap Bull 3X Shares

Direxion Funds

Annual cost

0.98%

Fund size

$84M

Key differences

  • MIDU is significantly larger than TSMZ — larger funds tend to be more liquid and less likely to close.
  • TSMZ follows a inverse strategy; MIDU uses leveraged.
  • MIDU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TSMZMIDU
Annual cost (TER)1.01%0.98%
Fund size (AUM)$3M$84M
Since20242009
Dividend yield4.74%0.70%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-56.2%+61.8%
CAGR 3YN/A+25.8%
CAGR 5YN/A+1.5%
Sharpe 3YN/A0.63
Volatility 1Y35.67%46.80%
Max drawdown-69.60%-86.26%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TSMZ and MIDU