MUD - Direxion Shares ETF Trust - Direxion Daily MU Bear 1X ETF

MUD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Micron Technology, Inc. (MU) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple.

Sector
Financial Services
Industry
Asset Management
Market Cap
$30.3M
Beta
-3.03
52-Week Range
8.735-967.4
Dividend Yield
$11.22
IPO Date
Oct 18, 2024
Exchange
NASDAQ

MUD Options Snapshot

Options pricing data for MUD is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The MUD overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

MUD fund facts: expense ratio 1.42%, assets under management $31.8M, NAV $9.26 as of the data source's update on Oct 8, 2026, launched Oct 10, 2024, issued by Direxion. See the MUD holdings.

Frequently asked MUD overview questions

What is MUD?
MUD is the ticker symbol for Direxion Shares ETF Trust - Direxion Daily MU Bear 1X ETF, an listed exchange-traded fund. MUD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Micron Technology, Inc. (MU) stock. Listed on NASDAQ. MUD is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are MUD's key statistics?
Direxion Shares ETF Trust - Direxion Daily MU Bear 1X ETF (MUD) carries a market capitalization of $30.3M, 52-week range of 8.735-967.4. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does MUD belong to?
Direxion Shares ETF Trust - Direxion Daily MU Bear 1X ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MUD's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the MUD data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for MUD, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.