NYSEARCA:MNM

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

$29.16
0.00 (0.00%)
(As of 04/27/2023)
Today's Range
$29.16
$29.16
50-Day Range
$29.16
$29.16
52-Week Range
$20.93
$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%

About Direxion Daily Metals & Mining Bull 2X Shares

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.

MNM Stock Price History

MNM ETF News Headlines

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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Metal Miners Bull 2X Shares
Tax Classification
Regulated Investment Company
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

Beta
2.72
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily Metals & Mining Bull 2X Shares Expenses

TypeMNMBroad Equity ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.52%0.54%0.50%0.51%
Other Expenses0.32%0.53%0.54%0.64%0.58%
Total Expense1.09%0.77%0.70%0.74%0.70%
Fee Waiver-0.02%-0.41%-0.55%-0.68%-0.57%
Net Expense1.07%0.62%0.60%0.58%0.58%

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


MNM ETF - Frequently Asked Questions

How have MNM shares performed in 2024?

Direxion Daily Metals & Mining Bull 2X Shares' stock was trading at $29.16 at the beginning of the year. Since then, MNM shares have increased by 0.0% and is now trading at $29.16.
View the best growth stocks for 2024 here
.

What does MNM invest in?

Direxion Daily Metals & Mining Bull 2X Shares is a equity fund issued by Direxion. MNM focuses on broad equity investments and follows the S&P Metals and Mining Select Industry Index. The fund's investments total to approximately $5.86 million assets under management.

What stocks does Direxion Daily Metals & Mining Bull 2X Shares hold?
What is the management fee for Direxion Daily Metals & Mining Bull 2X Shares?

Direxion Daily Metals & Mining Bull 2X Shares' management fee is 0.75% and has other expenses of 0.32%. However, MNM has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for MNM is 1.07%.

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.
Compare Top Brokerages Here.

This page (NYSEARCA:MNM) was last updated on 4/27/2024 by MarketBeat.com Staff

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