MUD vs MUU

MUD vs MUU

Which is better, MUD or MUU?

Opposite sides of the same exposure.

MUU has a lower expense ratio. MUU led over 1Y and the full window. The two move opposite each other, correlation -0.93, so holding both offsets the exposure while paying both fees.

Lower Fees: MUUHigher 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

MetricMUDMUU
Expense Ratio1.02%1.01%Best
AUM$30M$3.4B
Dividend Yield9.38%1.47%
Holdings1626
YTD Return-79.41%+340.14%Best
1Y Return-88.80%+1008.79%Best
Volatility (annualized)67.5%Best216.1%
Max Drawdown-97.1%-75.1%Best
$10,000 over 2 years$478$208,538Best
Fund FamilyDirexion Shares ETF TrustDirexion Shares ETF Trust
CategoryAlternativeAlternative
StyleTrading-Leveraged EquityTrading-Leveraged Equity
InceptionOct 10, 2024Oct 10, 2024

Not shown on this pair: 3Y Return (annualized), 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).

MUD 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 MUD against instead:MUD vs SPYMUD vs QQQMUD vs VOOMUD vs VTIMUU against:MUU vs VXUS

MUD vs MUU Performance

Direxion Daily MU Bear 1X ETF (MUD) 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 MUD returned -88.80% while MUU returned +1008.79%. Year to date, MUD is down 79.41% 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 67.5% for MUD. 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 -97.1% for MUD 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 -0.93. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.

Fees and Cost Over Time

MUD charges 1.02% per year while MUU charges 1.01%. On a $10,000 position that is $102 vs $101 annually, a gap of $1 per year that compounds over a long holding period. On income, MUD currently yields 9.38% against 1.47% for MUU.

Holdings Overlap

We hold position weights for 3 holdings in MUD and 4 in MUU, totalling 100.9% 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 3 positions we hold weights for in MUD and 4 in MUU, against full books of 16 and 26.

Top Shared Holdings

StockWeight in MUDWeight in MUUDifference
DGCXXDreyfus Govt Cash Man Ins89.49%38.39%51.10%
DIRXXDreyfus Trsry Securities Cash Mgmt6.37%19.24%12.87%
FGTXXGoldman Finl Sq Trsry Inst 5065.04%14.42%9.38%

You are not choosing between two funds in isolation.

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

MUDMUU

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, MUD or MUU?

MUD has an expense ratio of 1.02% while MUU charges 1.01%. MUU is the cheaper option, by $1 a year on a $10,000 investment.

Which performed better, MUD or MUU?

Over the past year MUD returned -88.80% vs +1008.79% for MUU, so MUU leads on 1-year performance. Over the longest common window we track (2 years), MUD annualized -78.14% vs +356.66% for MUU. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, MUD or MUU?

MUU has been the more volatile fund at 216.1% annualized versus 67.5% for MUD. Worst drawdown: MUD -97.1% vs MUU -75.1%.

Should I hold both MUD and MUU?

MUD and MUU have a monthly-return correlation of -0.93, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.

Which pays a higher dividend, MUD or MUU?

MUD yields 9.38% while MUU yields 1.47%, so MUD currently pays the higher dividend yield.

Is MUU better than MUD?

MUU has a lower expense ratio. MUU led over 1Y and the full window. The two move opposite each other, correlation -0.93, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.