FAS vs MUU
Direxion Daily Financial Bull 3X ETF vs Direxion Daily MU Bull 2X ETF
Which is better, FAS or MUU?
MUU has been ahead.
FAS has a lower expense ratio. MUU led over 1Y and the full window.
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
| Metric | FAS | MUU |
|---|---|---|
| Expense Ratio | 0.89%Best | 1.01% |
| AUM | $2.1B | $3.4B |
| Dividend Yield | 10.41% | 1.47% |
| Holdings | 176 | 26 |
| YTD Return | -11.11% | +340.14%Best |
| 1Y Return | -4.59% | +1008.79%Best |
| 3Y Return (annualized) | +40.50% | - |
| 5Y Return (annualized) | +5.72% | - |
| Volatility (annualized) | 45.9%Best | 216.1% |
| Max Drawdown | -43.1%Best | -75.1% |
| $10,000 over 2 years | $12,452 | $208,538Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Nov 6, 2008 | Oct 10, 2024 |
Not shown on this pair: 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).
FAS 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.
FAS vs MUU Performance
Direxion Daily Financial Bull 3X ETF (FAS) 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 FAS returned -4.59% while MUU returned +1008.79%. Year to date, FAS is down 11.11% 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 45.9% for FAS. 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 -43.1% for FAS 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 0.03. They move largely independently of each other.
Fees and Cost Over Time
FAS charges 0.89% per year while MUU charges 1.01%. On a $10,000 position that is $89 vs $101 annually, a gap of $12 per year that compounds over a long holding period. On income, FAS currently yields 10.41% against 1.47% for MUU.
Holdings Overlap
At least 28.1% of FAS's money is in holdings MUU also owns.
Stated as a floor: for MUU, our book for it covers 83.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
FAS and MUU share little of their money.
3 positions in common, counted across the 79 positions we hold weights for in FAS and 4 in MUU, against full books of 176 and 26.
28.1% of FAS is already inside MUU.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FAS or MUU?
FAS has an expense ratio of 0.89% while MUU charges 1.01%. FAS is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FAS or MUU?
Over the past year FAS returned -4.59% vs +1008.79% for MUU, so MUU leads on 1-year performance. Over the longest common window we track (2 years), FAS annualized +11.59% vs +356.66% for MUU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FAS or MUU?
MUU has been the more volatile fund at 216.1% annualized versus 45.9% for FAS. Worst drawdown: FAS -43.1% vs MUU -75.1%.
Should I hold both FAS and MUU?
FAS and MUU have a monthly-return correlation of 0.03, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FAS and MUU?
At least 28.1% of FAS's money is in holdings MUU also owns. Our book for MUU is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 79 positions we hold weights for in FAS and 4 in MUU.
Which pays a higher dividend, FAS or MUU?
FAS yields 10.41% while MUU yields 1.47%, so FAS currently pays the higher dividend yield.
Is MUU better than FAS?
FAS 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.