Direxion Daily Metals & Mining Bull 2X Shares (MNM) Price, Holdings, & News

ETF Overview

The Direxion Daily Metals & Mining Bull 2X Shares (MNM) is an exchange-traded fund that is based on the S&P TMI index. The fund tracks 2x the daily price movements of an equal-weighted index of US metals and mining companies. MNM was launched on Dec 16, 2021 and is managed by Direxion.

Key Stats

• Today's Range: $29.16 to $29.16
• 50-Day Range: $29.16 to $29.16
• 52-Week Range: $20.93 to $52.91
• Volume: N/A
• Average Volume: 9,762 shs
• Market Capitalization: $7.29 million
• Assets Under Management: $5.86 million
• Dividend Yield: 0.93%
• Net Expense Ratio: 1.07%
• Aggregate Rating: Moderate Buy

MNM ETF - Frequently Asked Questions

How have MNM shares performed this year?

Direxion Daily Metals & Mining Bull 2X Shares' stock was trading at $29.16 at the beginning of the year. Since then, MNM stock has increased by 0.0% and is now trading at $29.16.

How do I buy shares of Direxion Daily Metals & Mining Bull 2X Shares?

Shares of MNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Direxion Daily Metals & Mining Bull 2X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Metals & Mining Bull 2X Shares investors own include International Business Machines (IBM), State Street (STT), Seagate Technology (STX), Constellation Brands (STZ), Albemarle (ALB), Enviva (EVA) and Rio Tinto (RIO).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily Metal Miners Bull 2X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:MNM
• Inception Date: 12/16/2021
• Fund Manager: Paul Brigandi, Tony Ng
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: S&P Metals and Mining Select Industry Index
• Category: Broad Equity
• Focus: Broad Equity
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 11

Fund Statistics

• Assets Under Management: $5.86 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.15%
• Leveraged: 2.00

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Rafferty Asset Management, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Susquehanna

Miscellaneous

• Outstanding Shares: 250,000
• Beta: 2.72
• Creation Unit: 50,000
• Creation Fee: $250.00