MIDU vs ASCE

Comparison between DIREXION DAILY MID CAP BULL 3X SHARES (MIDU, ETF) and ALLSPRING SMID CORE ETF (ASCE, ETF).

MIDU vs ASCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MIDU(ETF)	ASCE(ETF)
Net Assets	$79M	$78M
Expense Ratio	N/A	0.38%
Max Drawdown	86.45%	9.22%
Sharpe Ratio	1.16	1.53
5Y Beta	3.03	1.27
P/E Ratio	24.90	17.38
Forward P/E	16.31	11.89
5Y Dividends CAGR	94.05%	N/A
5Y EPS CAGR	N/A	47.10%
Debt to Equity	47.80%	-100.43%
P/S Ratio	1.56	0.90
P/B Ratio	2.64	2.93

Net Assets

Winner

MIDU

$79M

ASCE

$78M

Expense Ratio

MIDU

N/A

ASCE

0.38%

Max Drawdown

MIDU

86.45%

Winner

ASCE

9.22%

Sharpe Ratio

MIDU

1.16

Winner

ASCE

1.53

5Y Beta

MIDU

3.03

Winner

ASCE

1.27

P/E Ratio

MIDU

24.90

Winner

ASCE

17.38

Forward P/E

MIDU

16.31

Winner

ASCE

11.89

5Y Dividends CAGR

MIDU

94.05%

ASCE

N/A

5Y EPS CAGR

MIDU

N/A

ASCE

47.10%

Debt to Equity

MIDU

47.80%

Winner

ASCE

-100.43%

P/S Ratio

MIDU

1.56

Winner

ASCE

0.90

P/B Ratio

Winner

MIDU

2.64

ASCE

2.93

MIDU vs ASCE - Holdings Comparison

MIDU and ASCE have 17 common holdings. Overlap is 3.63%

MIDU's top 25 holdings weight is 56.91%. ASCE's top 25 holdings weight is 61.39%.

Rank	MIDU	ASCE
#1	S&P MID CAP 400 INDEX SWAP (n/a) - 21.67%	STONEX GROUP INC (SNEX) - 3.39%
#2	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 18.23%	CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 3.15%
#3	DREYFUS GOVT CASH MAN INS (n/a) - 6.67%	CARPENTER TECHNOLOGY CORP (CRS) - 2.95%
#4	FLEX LTD (FLEX) - 1.18%	TTM TECHNOLOGIES INC (TTMI) - 2.94%
#5	TWILIO INC CLASS A (TWLO) - 0.70%	EMCOR GROUP INC (EME) - 2.79%
#6	TECHNIPFMC PLC (FTI) - 0.57%	FABRINET (FN) - 2.78%
#7	NVENT ELECTRIC PLC (NVT) - 0.56%	BLUE BIRD CORP (BLBD) - 2.75%
#8	STERLING INFRASTRUCTURE INC (STRL) - 0.54%	DIGITALOCEAN HOLDINGS INC (DOCN) - 2.52%
#9	CURTISS-WRIGHT CORP (CW) - 0.54%	COEUR MINING INC (CDE) - 2.47%
#10	EVERPURE INC CLASS A (P) - 0.52%	ACADIAN ASSET MANAGEMENT INC (AAMI) - 2.45%
#11	FABRINET (FN) - 0.51%	EXELIXIS INC (EXEL) - 2.45%
#12	XPO INC (XPO) - 0.51%	CORCEPT THERAPEUTICS INC (CORT) - 2.42%
#13	MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC (MTSI) - 0.50%	TEEKAY CORP LTD (TK) - 2.40%
#14	ILLUMINA INC (ILMN) - 0.50%	CENTURY ALUMINUM CO (CENX) - 2.40%
#15	ATI INC (ATI) - 0.49%	WILLDAN GROUP INC (WLDN) - 2.30%
#16	CARPENTER TECHNOLOGY CORP (CRS) - 0.49%	VIRTU FINANCIAL INC CLASS A (VIRT) - 2.29%
#17	UNITED THERAPEUTICS CORP (UTHR) - 0.47%	POWELL INDUSTRIES INC (POWL) - 2.26%
#18	TRANSUNION (TRU) - 0.29%	ONTO INNOVATION INC (ONTO) - 2.24%
#19	TENET HEALTHCARE CORP (THC) - 0.29%	UNITED THERAPEUTICS CORP (UTHR) - 2.21%
#20	JAZZ PHARMACEUTICALS PLC (JAZZ) - 0.28%	AMNEAL PHARMACEUTICALS INC ORDINARY SHARES CLASS A (AMRX) - 2.17%
#21	CARLISLE COMPANIES INC (CSL) - 0.28%	BEL FUSE INC CLASS B (BELFB) - 2.17%
#22	CLEAN HARBORS INC (CLH) - 0.28%	ARRAY TECHNOLOGIES INC ORDINARY SHARES (ARRY) - 2.03%
#23	ONTO INNOVATION INC (ONTO) - 0.28%	PEGASYSTEMS INC (PEGA) - 1.96%
#24	DIGITALOCEAN HOLDINGS INC (DOCN) - 0.28%	SKYWEST INC (SKYW) - 1.96%
#25	SOLSTICE ADVANCED MATERIALS INC (SOLS) - 0.28%	XENIA HOTELS & RESORTS INC (XHR) - 1.94%
Total Holdings	364	51

MIDU vs ASCE - Historical Returns

Returns include dividend reinvestment.

Period	MIDU	ASCE
1 month	-0.83%	+1.03%
3 months	+19.80%	+19.33%
6 months	+31.15%	+21.20%
1 year	+54.59%	+33.18%
5 years(CAGR)	+1.22%	N/A
10 years(CAGR)	+10.90%	N/A
Max(CAGR)	+21.37%	+36.67%

MIDU

-0.83%

Winner

ASCE

+1.03%

Winner

MIDU

+19.80%

ASCE

+19.33%

Winner

MIDU

+31.15%

ASCE

+21.20%

Winner

MIDU

+54.59%

ASCE

+33.18%

5Y(CAGR)

MIDU

+1.22%

ASCE

N/A

10Y(CAGR)

MIDU

+10.90%

ASCE

N/A

Max(CAGR)

MIDU

+21.37%

Winner

ASCE

+36.67%

MIDU vs ASCE - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	MIDU	ASCE
2026	+26.54%	+21.05%
2025	-2.29%	+8.61%
2024	+21.59%	N/A
2023	+29.55%	N/A
2022	-49.64%	N/A
2021	+81.12%	N/A
2020	-18.59%	N/A
2019	+78.73%	N/A
2018	-40.71%	N/A
2017	+44.56%	N/A
2016	+65.16%	N/A
2015	-14.79%	N/A
2014	+26.86%	N/A
2013	+105.93%	N/A
2012	+44.33%	N/A
2011	-27.21%	N/A
2010	+63.11%	N/A
2009	+86.73%	N/A

MIDU vs ASCE Drawdown Comparison

The maximum drawdown for MIDU was -86.26%, occurring on Mar 23, 2020. Recovery took 625 trading sessions.

The maximum drawdown for ASCE was -9.22%, occurring on Nov 20, 2025. Recovery took 54 trading sessions.

The current MIDU drawdown is -8.41%. The current ASCE drawdown is -1.11%.

Rank	MIDU	ASCE
#1	-86.26% Aug 29, 2018 - Feb 24, 2021	-9.22% Sep 18, 2025 - Dec 4, 2025
#2	-64.15% Nov 16, 2021 - Oct 27, 2023	-8.45% Feb 25, 2026 - Apr 8, 2026
#3	-63.24% Jan 8, 2009 - May 6, 2009	-4.95% May 6, 2026 - May 26, 2026
#4	-62.05% Apr 29, 2011 - Jan 22, 2013	-4.22% Dec 22, 2025 - Jan 9, 2026
#5	-51.55% Jun 23, 2015 - Nov 17, 2016	-3.65% Jul 28, 2025 - Aug 8, 2025
#6	-45.36% Apr 23, 2010 - Dec 2, 2010	-3.12% Aug 13, 2025 - Aug 22, 2025
#7	-29.70% Jul 1, 2014 - Nov 24, 2014	-3.10% Jan 22, 2026 - Feb 6, 2026
#8	-27.25% Jan 26, 2018 - Aug 21, 2018	-2.74% Apr 20, 2026 - May 5, 2026
#9	-25.41% Jun 2, 2009 - Jul 23, 2009	-2.69% Dec 11, 2025 - Dec 22, 2025
#10	-22.91% Oct 19, 2009 - Dec 16, 2009	-2.49% Feb 6, 2026 - Feb 18, 2026
#11	-22.78% Jan 14, 2010 - Mar 5, 2010	-2.10% Feb 20, 2026 - Feb 25, 2026
#12	-21.09% May 21, 2013 - Jul 12, 2013	-2.06% Jul 10, 2025 - Jul 23, 2025
#13	-20.99% May 7, 2021 - Oct 22, 2021	-1.85% Sep 11, 2025 - Sep 18, 2025
#14	-20.02% May 8, 2009 - Jun 1, 2009	-1.56% Jun 4, 2026 - Jun 5, 2026
#15	-19.32% Jan 22, 2014 - Feb 26, 2014	-1.47% Jan 15, 2026 - Jan 22, 2026

Correlation

Correlation between MIDU and ASCE is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2009 - 2026)

MIDU vs ASCE dividend yield comparison.

Year	MIDU	ASCE
2026	0.13%	0.00%
2025	1.04%	0.22%
2024	1.10%	0.00%
2023	1.43%	0.00%
2022	0.11%	0.00%
2020	0.06%	0.00%
2019	0.71%	0.00%
2018	0.70%	0.00%
2017	2.67%	0.00%
2016	1.89%	0.00%
2013	3.91%	0.00%
2012	22.32%	0.00%
2011	15.78%	0.00%
2010	10.81%	0.00%
2009	14.30%	0.00%