MUD vs NVDU
Direxion Daily MU Bear 1X ETF vs Direxion Daily NVDA Bull 2X ETF
Which is better, MUD or NVDU?
NVDU has been ahead.
NVDU has a lower expense ratio. NVDU 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 | MUD | NVDU |
|---|---|---|
| Expense Ratio | 1.02% | 0.92%Best |
| AUM | $30M | $519M |
| Dividend Yield | 9.38% | 4.36% |
| Holdings | 16 | 11 |
| YTD Return | -79.41% | +14.62%Best |
| 1Y Return | -88.80% | +18.64%Best |
| 3Y Return (annualized) | - | +87.64% |
| Volatility (annualized) | 67.5% | 67.3%Best |
| Max Drawdown | -97.1% | -67.3%Best |
| $10,000 over 2 years | $478 | $14,559Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Oct 10, 2024 | Sep 13, 2023 |
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).
MUD vs NVDU 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 covers the 2 years both funds cover.
MUD vs NVDU Performance
Direxion Daily MU Bear 1X ETF (MUD) is an ETF from Direxion Shares ETF Trust and Direxion Daily NVDA Bull 2X ETF (NVDU) is an ETF from Direxion Shares ETF Trust. Over the past year MUD returned -88.80% while NVDU returned +18.64%. Year to date, MUD is down 79.41% versus a gain of 14.62% for NVDU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MUD has been the more volatile fund, with annualized monthly volatility of 67.5% compared with 67.3% for NVDU. 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 -67.3% for NVDU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MUD charges 1.02% per year while NVDU charges 0.92%. On a $10,000 position that is $102 vs $92 annually, a gap of $10 per year that compounds over a long holding period. On income, MUD currently yields 9.38% against 4.36% for NVDU.
Holdings Overlap
We hold position weights for 3 holdings in MUD and 4 in NVDU, totalling 100.9% and 76.7% 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 NVDU, against full books of 16 and 11.
You are not choosing between two funds in isolation.
Whichever of MUD and NVDU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MUD or NVDU?
MUD has an expense ratio of 1.02% while NVDU charges 0.92%. NVDU is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, MUD or NVDU?
Over the past year MUD returned -88.80% vs +18.64% for NVDU, so NVDU leads on 1-year performance. Over the longest common window we track (2 years), MUD annualized -78.14% vs +20.66% for NVDU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MUD or NVDU?
MUD has been the more volatile fund at 67.5% annualized versus 67.3% for NVDU. Worst drawdown: MUD -97.1% vs NVDU -67.3%.
Should I hold both MUD and NVDU?
MUD and NVDU have a monthly-return correlation of -0.38, 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, MUD or NVDU?
MUD yields 9.38% while NVDU yields 4.36%, so MUD currently pays the higher dividend yield.
Is NVDU better than MUD?
NVDU has a lower expense ratio. NVDU 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.