MUD vs TSLL

MUD vs TSLL

Which is better, MUD or TSLL?

TSLL has been ahead.

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

Lower Fees: TSLLHigher Returns: TSLL

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

MetricMUDTSLL
Expense Ratio1.02%0.95%Best
AUM$30M$3.8B
Dividend Yield9.38%10.73%
Holdings1625
YTD Return-79.41%-45.93%Best
1Y Return-88.80%-47.44%Best
3Y Return (annualized)--11.10%
Volatility (annualized)67.5%Best111.6%
Max Drawdown-97.1%-82.9%Best
$10,000 over 2 years$478$9,187Best
Fund FamilyDirexion Shares ETF TrustDirexion Shares ETF Trust
CategoryAlternativeAlternative
StyleTrading-Leveraged EquityTrading-Leveraged Equity
InceptionOct 10, 2024Aug 9, 2022

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 TSLL 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.

Compare MUD against instead:MUD vs SPYMUD vs QQQMUD vs VOOMUD vs VTITSLL against:TSLL vs VXUS

MUD vs TSLL Performance

Direxion Daily MU Bear 1X ETF (MUD) is an ETF from Direxion Shares ETF Trust and Direxion Daily TSLA Bull 2X ETF (TSLL) is an ETF from Direxion Shares ETF Trust. Over the past year MUD returned -88.80% while TSLL returned -47.44%. Year to date, MUD is down 79.41% versus a loss of 45.93% for TSLL.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TSLL has been the more volatile fund, with annualized monthly volatility of 111.6% 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 -82.9% for TSLL. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at -0.29. They move largely independently of each other.

Fees and Cost Over Time

MUD charges 1.02% per year while TSLL charges 0.95%. On a $10,000 position that is $102 vs $95 annually, a gap of $7 per year that compounds over a long holding period. On income, MUD currently yields 9.38% against 10.73% for TSLL.

Holdings Overlap

We hold position weights for 3 holdings in MUD and 4 in TSLL, totalling 100.9% and 30.7% 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 TSLL, against full books of 16 and 25.

Top Shared Holdings

StockWeight in MUDWeight in TSLLDifference
DGCXXDreyfus Govt Cash Man Ins89.49%7.53%81.96%
DIRXXDreyfus Trsry Securities Cash Mgmt6.37%10.68%4.31%
FGTXXGoldman Finl Sq Trsry Inst 5065.04%7.08%2.04%

You are not choosing between two funds in isolation.

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

MUDTSLL

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, MUD or TSLL?

MUD has an expense ratio of 1.02% while TSLL charges 0.95%. TSLL is the cheaper option, by $7 a year on a $10,000 investment.

Which performed better, MUD or TSLL?

Over the past year MUD returned -88.80% vs -47.44% for TSLL, so TSLL leads on 1-year performance. Over the longest common window we track (2 years), MUD annualized -78.14% vs -4.15% for TSLL. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, MUD or TSLL?

TSLL has been the more volatile fund at 111.6% annualized versus 67.5% for MUD. Worst drawdown: MUD -97.1% vs TSLL -82.9%.

Should I hold both MUD and TSLL?

MUD and TSLL have a monthly-return correlation of -0.29, 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 TSLL?

MUD yields 9.38% while TSLL yields 10.73%, so TSLL currently pays the higher dividend yield.

Is TSLL better than MUD?

TSLL has a lower expense ratio. TSLL 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.