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 start 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.

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.

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 Group (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