AAPU vs MUU

AAPU vs MUU

Which is better, AAPU or MUU?

MUU has been ahead.

AAPU has a lower expense ratio. MUU led over 1Y and the full window.

Lower Fees: AAPUHigher Returns: MUU

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricAAPUMUU
Expense Ratio0.97%Best1.01%
AUM$170M$3.4B
Dividend Yield6.65%1.47%
Holdings2226
YTD Return+42.47%+340.14%Best
1Y Return+65.31%+1008.79%Best
3Y Return (annualized)+28.68%-
Volatility (annualized)44.0%Best216.1%
Max Drawdown-59.9%Best-75.1%
$10,000 over 2 years$14,137$208,538Best
Fund FamilyDirexion Shares ETF TrustDirexion Shares ETF Trust
CategoryAlternativeAlternative
StyleTrading-Leveraged EquityTrading-Leveraged Equity
InceptionAug 9, 2022Oct 10, 2024

Not shown on this pair: 5Y Return (annualized), Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).

AAPU vs MUU growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

Compare AAPU against instead:AAPU vs SPYAAPU vs QQQAAPU vs VOOAAPU vs VTIMUU against:MUU vs VXUS

AAPU vs MUU Performance

Direxion Daily AAPL Bull 2X ETF (AAPU) is an ETF from Direxion Shares ETF Trust and Direxion Daily MU Bull 2X ETF (MUU) is an ETF from Direxion Shares ETF Trust. Over the past year AAPU returned +65.31% while MUU returned +1008.79%. Year to date, AAPU is up 42.47% versus a gain of 340.14% for MUU.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MUU has been the more volatile fund, with annualized monthly volatility of 216.1% compared with 44.0% for AAPU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -59.9% for AAPU and -75.1% for MUU. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.

Fees and Cost Over Time

AAPU charges 0.97% per year while MUU charges 1.01%. On a $10,000 position that is $97 vs $101 annually, a gap of $4 per year that compounds over a long holding period. On income, AAPU currently yields 6.65% against 1.47% for MUU.

Holdings Overlap

We hold position weights for 4 holdings in AAPU and 4 in MUU, totalling 85.8% and 83.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.

3 positions in common, counted across the 4 positions we hold weights for in AAPU and 4 in MUU, against full books of 22 and 26.

Top Shared Holdings

StockWeight in AAPUWeight in MUUDifference
DGCXXDreyfus Govt Cash Man Ins22.42%38.39%15.97%
DIRXXDreyfus Trsry Securities Cash Mgmt26.54%19.24%7.30%
FGTXXGoldman Finl Sq Trsry Inst 50612.35%14.42%2.07%

You are not choosing between two funds in isolation.

Whichever of AAPU and MUU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AAPUMUU

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Frequently Asked Questions

Which is cheaper, AAPU or MUU?

AAPU has an expense ratio of 0.97% while MUU charges 1.01%. AAPU is the cheaper option, by $4 a year on a $10,000 investment.

Which performed better, AAPU or MUU?

Over the past year AAPU returned +65.31% vs +1008.79% for MUU, so MUU leads on 1-year performance. Over the longest common window we track (2 years), AAPU annualized +18.90% vs +356.66% for MUU. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AAPU or MUU?

MUU has been the more volatile fund at 216.1% annualized versus 44.0% for AAPU. Worst drawdown: AAPU -59.9% vs MUU -75.1%.

Should I hold both AAPU and MUU?

AAPU and MUU have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, AAPU or MUU?

AAPU yields 6.65% while MUU yields 1.47%, so AAPU currently pays the higher dividend yield.

Is MUU better than AAPU?

AAPU has a lower expense ratio. MUU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.