MNM

Direxion Daily Metal Miners Bull 2X Shares
*Unless otherwise stated, data provided by FactSet.

MNM Fund Description

MNM tracks 2x the daily price movements of an equal-weighted index of US metals and mining companies.

MNM Factset Analytics Insight

MNM provides daily 2x exposure to an index of companies in the metals and mining segment. The index will comprise those that concentrate in the material sector, specifically in sub-industries including aluminum, coal and consumable fuels, copper, diversified metals & mining, gold, precious metals and minerals, silver, and steel. Eligible securities must be constituents of the S&P Total Market Index, the parent index, and must meet certain size and liquidity ratio requirements to be selected. At least 22 securities will make up the index which will then be equally-weighted. To maximize leveraged exposure, the fund may also invest in ETFs that track similar indices and in derivatives, such as swap agreements and futures contracts. The index is rebalanced quarterly. As a leveraged product with 2x factor that resets daily, MNM is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

PERFORMANCE [as of 05/20/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MNM -- -- -- -- -- -- --
MNM (NAV) -42.14% -0.37% 19.37% -- -- -- --
S&P Total Market Index -12.74% -10.61% -18.79% -7.98% 12.10% 11.65% 13.44%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MNM Summary Data

Direxion
12/16/21
Open-Ended Fund
1.07%
$17.73M
0.46%
N/A

MNM Portfolio Data

--
N/A

MNM Index Data

S&P Total Market Index
Equal
Market Cap
N/A

MNM Fund Structure

No
--
-- / --
N/A
N/A
Low
-2
N/A

MNM Tax Exposures

20.00% / 39.60%
--
No

MNM Factset Analytics Block Liquidity

As of 05/23/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MNM. MNM is rated a N/A out of 5.

MNM Tradability

38,818
$1.87M
31,955
$1.48M
0.46%
$0.23
0.01%
0.66% / -0.68%
None
98.00%
50,000
0.64
--
--
0
$34.61
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.