{"url":"https://etfiq.com/compare/leverage/midu-vs-myy","section":"compare","title":"MIDU vs MYY: which held to its multiple? | ETFIQ","description":"MIDU sets out to return +3 times MDY each day and MYY -1 times. Over the three months to Sep 30, 2026 they finished \u22122.1 pts and +1.6 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, MIDU or MYY?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, MIDU finished 2.1 points from what its multiple implies and MYY finished 1.6 points from its own, so MYY came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are MIDU and MYY levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on the S&P MidCap 400, MIDU at +3 times and MYY at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, MIDU or MYY?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window MIDU\u2019s moved at 12% annualized and MYY\u2019s at 12%, so MIDU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold MIDU or MYY for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, MIDU or MYY?","acceptedAnswer":{"@type":"Answer","text":"MIDU charges 0.98% a year and MYY charges 0.95%, so MYY is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"MIDU vs MYY","item":"https://etfiq.com/compare/leverage/midu-vs-myy"}]},{"@type":"WebPage","name":"MIDU vs MYY: which held to its multiple?","description":"MIDU sets out to return +3 times MDY each day and MYY -1 times. Over the three months to Sep 30, 2026 they finished \u22122.1 pts and +1.6 pts away.","url":"https://etfiq.com/compare/leverage/midu-vs-myy","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, MIDU finished 2.1 points short and MYY 1.6 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MIDU and MYY","description":"MIDU sets out to return +3 times MDY each day and MYY -1 times. Over the three months to Sep 30, 2026 they finished \u22122.1 pts and +1.6 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/midu-vs-myy","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7144,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / MIDU vs MYY \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n MIDU vs MYY: which held to its multiple?\n\n Over three months against its own daily promise, MIDU finished 2.1 points short and MYY 1.6 points over.\n Copy this for sharing \n \n Direxion Daily Mid Cap Bull 3X ETF and ProShares Short MidCap400.\n\n Download as PDF \n\n \u221218.8% MIDU returned, 3 months \n +7.1% MYY returned, 3 months \n \u22122.1 pts MIDU from its stated multiple \n +1.6 pts MYY from its stated multiple \n\n ETFIQ Decay Resistance Score: MIDU scores higher\n Did it keep up wit","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/midu-vs-myy","a":{"ticker":"MIDU","name":"Direxion Daily Mid Cap Bull 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MIDU returned \u221218.8% where its own daily promise gave \u221216.6%, 2.1 points short.","url":"https://etfiq.com/funds/midu","key_facts":[{"label":"What MDY did","value":"\u22125.6%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u221216.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221218.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$59m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.98%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"MYY","name":"ProShares Short MidCap400","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MYY returned +7.1% where its own daily promise gave +5.5%, 1.6 points over.","url":"https://etfiq.com/funds/myy","key_facts":[{"label":"What MDY did","value":"\u22125.6%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"+5.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+7.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$4m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/midu-vs-myy"}