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Dividend Vision

MIDU ETF — Direxion Daily Mid Cap Bull 3X Shares

Direxion Daily Mid Cap Bull 3X Shares (MIDU)

Updated October 16, 2026.

Verdict as of October 16, 2026

MIDU's distribution is rated elevated risk by the Dividend Vision Distribution Safety Score™ (30/100, high confidence). It pays quarterly and its distribution rate is 0.09%. The latest total cash payment per current share, $0.013 with an ex-date of September 22, 2026, was 88.6% lower than the previous $0.114. These payments are unclassified; this does not establish a base-dividend change.

Sources: Direxion, Section 19a-1 notices, scoring methodology.

MIDU is an ETF linked to Mid Cap. its distribution rate is 0.09%, its trailing-12-month yield is 0.48%, its expense ratio is 0.98%. Dividend Vision Distribution Safety Score™ is 30/100 (Elevated risk). Total return is 2496.9% over the past 17.8 years, 1444.7 points ahead of SPY at 1052.2%.

Direxion Daily Mid Cap Bull 3X Shares is an ETF that seeks to deliver three times the daily return of an index tracking 400 mid-sized U.S. companies, using leverage through swaps, securities, and other financial instruments. The fund has a modest current distribution rate, pays distributions quarterly, and carries an expense ratio of 0.98%. This leveraged fund appeals primarily to active traders and experienced investors seeking magnified short-term exposure to mid-cap equities, rather than buy-and-hold income investors.

MIDU dividend yield and income

Price as of 2026-10-16.

The distribution rate (0.09%) uses calculation basis unavailable. Trailing-12-month yield (0.48%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.013. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.

Recorded distribution timeline (42)
Ex-dateAs paidPer current shareChange from previous payment
2026-09-22$0.013$0.013-88.6%
Unclassified cash
2026-06-23$0.114$0.11422.6%
Unclassified cash
2026-03-24$0.093$0.09345.3%
Unclassified cash
2025-12-23$0.064$0.064-28.9%
Unclassified cash
2025-09-23$0.09$0.09-56.3%
Unclassified cash
2025-06-24$0.206$0.20624.1%
Unclassified cash
2025-03-25$0.166$0.16626.7%
Unclassified cash
2024-12-23$0.131$0.131-14.4%
Unclassified cash
2024-09-24$0.153$0.153-37.6%
Unclassified cash
2024-06-25$0.245$0.245390.0%
Unclassified cash
2024-03-19$0.05$0.05-81.9%
Unclassified cash
2023-12-21$0.277$0.277592.5%
Unclassified cash
2023-09-19$0.04$0.04-81.0%
Unclassified cash
2023-06-21$0.211$0.211101.0%
Unclassified cash
2023-03-21$0.105$0.105176.3%
Unclassified cash
2022-12-20$0.038$0.038216.7%
Unclassified cash
2020-12-22$0.012$0.01220.0%
Unclassified cash
2020-06-23$0.01$0.01-94.0%
Unclassified cash
2019-12-23$0.168$0.168-7.2%
Unclassified cash
2019-06-25$0.181$0.18111.7%
Unclassified cash
2018-12-27$0.162$0.162376.5%
Unclassified cash
2018-09-25$0.034$0.034N/A
2017-12-19$0.069$0.069-94.1%
Unclassified cash
2017-12-13$1.172$1.17291.2%
Unclassified cash
2016-12-20$0.613$0.613-21.6%
Unclassified cash
2013-12-12$3.127$0.781756.0%
Unclassified cash
2012-09-19$2.949$0.7372527.4%
Unclassified cash
2012-06-20$2.315$0.57875-26.3%
Unclassified cash
2012-03-21$3.141$0.7852530.2%
Unclassified cash
2011-12-13$2.412$0.60355.7%
Unclassified cash
2011-06-21$1.549$0.3872555.1%
Unclassified cash
2011-03-22$0.999$0.24975N/A
2010-12-22$0.042$0.0105N/A
2010-12-14$1.061$0.26525N/A
2010-09-22$1.368$0.342-7.1%
Unclassified cash
2010-06-22$1.473$0.3682522.4%
Unclassified cash
2010-03-23$3.609$0.30075N/A
2009-12-22$0.11796$0.00983N/A
2009-11-20$13.44804$1.1206712121.0%
Unclassified cash
2009-09-22$0.11004$0.0091789.9%
Unclassified cash
2009-06-23$0.05796$0.00483-34.9%
Unclassified cash
2009-03-24$0.08904$0.00742—
2009 total—$1.15192—
2010 total—$1.2867511.7%
2011 total—$1.24-3.6%
2012 total—$2.1012569.5%
2013 total—$0.78175-62.8%
2016 total—$0.613-21.6%
2017 total—$1.241102.4%
2018 total (cadence changed)—$0.196-84.2%
2019 total—$0.34978.1%
2020 total—$0.022-93.7%
2022 total—$0.03872.7%
2023 total—$0.6331565.8%
2024 total—$0.579-8.5%
2025 total—$0.526-9.2%
2026 YTD total—$0.22-52.4% vs prior-year YTD

MIDU dividend growth

Trailing-12-month distributions versus the preceding 12 months changed -52.1%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -28.64%.

TTM income vs TTM N years earlier
WindowChange
1Y-52.1%
3Y-27.9%

MIDU holdings and sector exposure

Holdings are not available for this snapshot.

MIDU performance versus SPY

Price and return data through 2026-10-16.

Total return is 2496.9% over the past 17.8 years, 1444.7 points ahead of SPY at 1052.2%. Over the past year its total return — price change plus distributions reinvested — is 24.8%. Its deepest 1-year drawdown was 25.8%.

WindowTotal returnCAGR
1M-3.0%—
3M-15.9%—
6M-2.5%—
YTD18.0%—
1Y24.8%—
2Y CAGR—1.90%
3Y CAGR—23.30%
5Y CAGR—-0.50%
10Y CAGR—10.00%
Since inception (17.8 years)2496.9%20.10%

MIDU key facts

Distribution Safety Score™
30 · Elevated risk
Safety-Adjusted Yield
0.03%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
01/08/2009
Expense ratio
0.98%
Distribution rate
0.09%
Distribution frequency
Quarterly
Trailing yield
0.48%
Last close
$59.69 (as of 2026-10-16)
AUM
$62,618,656
Average volume
31628.0
Dividend
$0.013
Ex-dividend date
09/22/2026
Payment date
09/29/2026
Beta
3.06

How Dividend Vision calculates yield and returns

Distribution rate (0.09%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.48%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: Mid Cap; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MIDU risks and drawbacks

MIDU's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 25.8%.

Who may consider MIDU — and who may not

It is a weaker fit for investors who need monthly cash flow (MIDU pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on MIDU

Tagged: Leverage.

Frequently asked questions

Does MIDU pay monthly?

No. MIDU currently pays quarterly, not monthly.

What is MIDU linked to?

MIDU is linked to Mid Cap, not a broad market index.

What is MIDU's expense ratio?

MIDU's expense ratio is 0.98%.

What is MIDU's dividend yield?

MIDU's distribution rate is 0.09%, paid quarterly, with a 0.98% expense ratio — calculation basis unavailable.

How has MIDU's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed -52.1%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does MIDU pay a dividend?

MIDU pays quarterly. The dividend amount is $0.013. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.

How has MIDU performed?

Total return is 2496.9% over the past 17.8 years, 1444.7 points ahead of SPY at 1052.2%. Over the past year its total return — price change plus distributions reinvested — is 24.8%. Its deepest 1-year drawdown was 25.8%.

Is MIDU a good investment?

MIDU's Dividend Vision Distribution Safety Score is 30 (Elevated risk). That is a risk signal, not investment advice. Its distribution rate is 0.09% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.