Q: What is MIDU NAV?

MIDU net asset value is 58.48 today — it's risen 10.84% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

Q: What is MIDU expense ratio?

MIDU expense ratio is 0.99%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

Question 1

What is an ETF?

Accepted Answer

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

Question 2

What is MIDU price?

Accepted Answer

MIDU trades at 58.44 USD today, its price has fallen −1.51% in the past 24 hours. Track more dynamics on MIDU price chart.

Question 3

What is MIDU NAV?

Accepted Answer

MIDU net asset value is 58.48 today — it&#x27;s risen 10.84% over the past month. NAV represents the total value of the fund&#x27;s assets less liabilities and serves as a gauge of the fund&#x27;s performance.

Question 4

What is MIDU AUM?

Accepted Answer

MIDU assets under management is ‪78.56 M‬ USD. AUM is an important metric as it reflects the fund&#x27;s size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

Question 5

How is MIDU performing?

Accepted Answer

MIDU price has risen by 7.49% over the last month, and its yearly performance shows a 1.48% increase. See more dynamics on MIDU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.84% over the last month, showed a 22.91% increase in three-month performance and has increased by 1.00% in a year.

Question 6

What are MIDU fund flows?

Accepted Answer

MIDU fund flows account for ‪−17.11 M‬ USD (1 year). Many traders use this metric to get insight into investors&#x27; sentiment and evaluate whether it&#x27;s time to buy or sell the fund.

Question 7

How to invest in an ETF?

Accepted Answer

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

Question 8

What is MIDU investing in?

Accepted Answer

MIDU invests in stocks. See more details in our Analysis section.

Question 9

What is MIDU expense ratio?

Accepted Answer

MIDU expense ratio is 0.99%. It&#x27;s an important metric for helping traders understand the fund&#x27;s operating costs relative to assets and how expensive it would be to hold the fund.

Question 10

Is MIDU leveraged?

Accepted Answer

Yes, MIDU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

Question 11

Should I buy or sell MIDU?

Accepted Answer

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MIDU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MIDU shows the strong buy signal. See more of MIDU technicals for a more comprehensive analysis.

Question 12

Does MIDU pay dividends?

Accepted Answer

Yes, MIDU pays dividends to its holders with the dividend yield of 0.89%.

Question 13

Does MIDU trade at a discount or premium?

Accepted Answer

MIDU trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

Question 14

What company issues MIDU?

Accepted Answer

MIDU shares are issued by Rafferty Asset Management LLC

Question 15

What index does MIDU track?

Accepted Answer

MIDU follows the S&P Mid Cap 400. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

Question 16

When was MIDU launched?

Accepted Answer

The fund started trading on Jan 8, 2009.

Question 17

How is MIDU managed?

Accepted Answer

The fund&#x27;s management style is passive, meaning it&#x27;s aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index&#x27;s returns.

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