AUM$8.3M
Expense Ratio0.99%
NAV$29.31
Holdings37
InceptionDec 16, 2021
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
N/AAvg Volume
1.9KDividend Yield
—Expense Ratio
0.99%AUM
$8.3MShares Outstanding
—Sector Breakdown
| Sector | Weight % |
|---|---|
| Basic Materials | 74.85% |
| Energy | 15.12% |
| Industrials | 10.03% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 59.23% |
| United States | 40.77% |
Fund Information
- Issuer
- Direxion
- Category
- Basic Materials
- Inception Date
- Dec 16, 2021
- Description
- The fund invests at least 80% of its net assets in financial instruments, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a modified equal-weighted index that is designed to measure the performance of the equity securities of companies in the S&P Total Market Index that are classified by the GICS as being in the metals and mining industry. It is non-diversified.
Similar ETFs
The Direxion Daily Metals & Mining Bull 2X Shares (MNM) is an exchange-traded fund issued by Direxion that launched on Dec 16, 2021. It currently manages $8.3M in assets under management. The fund charges an expense ratio of 0.99%. The fund holds 37 securities in its portfolio. It falls under the Basic Materials category.
Top 10 holdings represent 76.6% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | S&P METALS AND MINING SELECT INDUSTRY INDEX SWAP | 59.23% | 3,470 | $9.2M |
| 2 | HL | Hecla Mining Co. | 2.18% | 54,127 | $338K |
| 3 | RGLD | ROYAL GOLD INC USD 0.01 | 2.09% | 2,467 | $323K |
| 4 | NEM | Newmont Corp | 2.06% | 6,637 | $318K |
| 5 | FCX | FREEPORT-MCMORAN INC | 1.98% | 7,387 | $306K |
| 6 | CEIX | CONSOL Mining Corp | 1.89% | 4,849 | $292K |
| 7 | CMC | Commercial Metals | 1.83% | 5,841 | $283K |
| 8 | RS | Reliance Steel & Aluminum | 1.81% | 1,121 | $280K |
| 9 | ATI | Allegheny Technologies Inc | 1.80% | 7,161 | $278K |
| 10 | AMR | ALPHA METALLURGICAL RESOURCE | 1.78% | 1,683 | $276K |
| 11 | NUE | Nucor Corp. | 1.77% | 1,761 | $274K |
| 12 | BTU | Peabody Energy Corp | 1.74% | 10,889 | $269K |
| 13 | X | United States Steel Corp. | 1.71% | 10,284 | $265K |
| 14 | STLD | Steel Dynamics Inc | 1.68% | 2,325 | $259K |
| 15 | AA | Alcoa Corp | 1.62% | 6,231 | $251K |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | — | — | ||
| 1W | — | — | ||
| 1M | — | — | ||
| 3M | — | — | ||
| 6M | — | — | ||
| YTD | — | — | ||
| 1Y | — | — | ||
| 3Y | -1.49% | — | ||
| 5Y | +11.39% | — |
Moving Averages
20-Day MA
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50-Day MA
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200-Day MA
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Price with Moving Averages
Support & Resistance
52-Week High
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Current Price
$29.16
52-Week Low
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Current Yield
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Annual Dividend
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Frequency
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Last Ex-Date
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Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | MNM | Basic Materials(120 ETFs) | Equal Weight(109 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.99% | 0.63% | 0.68% |
| AUM | $8.3M | $3.32B | $1.49B |
| Dividend Yield | — | 3.49% | 2.88% |
| Avg Volume | 1.9K | 1.4M | 852.1K |
| Holdings | 37 | 68 | 120 |
| Performance | |||
| 1-Month Return | — | -4.58% | -2.21% |
| 6-Month Return | — | +25.59% | +5.16% |
| YTD Return | — | +8.66% | +1.24% |
| 1-Year Return | — | +72.98% | +21.07% |
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