MUU vs SMUP
Direxion Daily MU Bull 2X ETF vs T-REX 2X Long SMR Daily Target ETF
Which is better, MUU or SMUP?
MUU has been ahead.
MUU 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 | MUU | SMUP |
|---|---|---|
| Expense Ratio | 1.01%Best | 1.50% |
| AUM | $3.4B | $5M |
| Dividend Yield | 1.47% | 164.73% |
| Holdings | 26 | 3 |
| YTD Return | +340.14%Best | +41.08% |
| 1Y Return | +1008.79%Best | -89.32% |
| Volatility (annualized) | 247.3%Best | 2566.9% |
| Max Drawdown | -68.1%Best | -98.8% |
| $10,000 over 1.2 years | $272,206Best | $695 |
| Fund Family | Direxion Shares ETF Trust | REX Shares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Oct 10, 2024 | Jul 25, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 25, 2025 to Oct 14, 2026 (1.2 years).
MUU vs SMUP 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.
MUU vs SMUP Performance
Direxion Daily MU Bull 2X ETF (MUU) is an ETF from Direxion Shares ETF Trust and T-REX 2X Long SMR Daily Target ETF (SMUP) is an ETF from REX Shares. Over the past year MUU returned +1008.79% while SMUP returned -89.32%. Year to date, MUU is up 340.14% versus a gain of 41.08% for SMUP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMUP has been the more volatile fund, with annualized monthly volatility of 2566.9% compared with 247.3% for MUU. 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 -68.1% for MUU and -98.8% for SMUP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MUU charges 1.01% per year while SMUP charges 1.50%. On a $10,000 position that is $101 vs $150 annually, a gap of $49 per year that compounds over a long holding period. On income, MUU currently yields 1.47% against 164.73% for SMUP.
You are not choosing between two funds in isolation.
Whichever of MUU and SMUP 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, MUU or SMUP?
MUU has an expense ratio of 1.01% while SMUP charges 1.50%. MUU is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, MUU or SMUP?
Over the past year MUU returned +1008.79% vs -89.32% for SMUP, so MUU leads on 1-year performance. Over the longest common window we track (1 years), MUU annualized +1469.45% vs -89.16% for SMUP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MUU or SMUP?
SMUP has been the more volatile fund at 2566.9% annualized versus 247.3% for MUU. Worst drawdown: MUU -68.1% vs SMUP -98.8%.
Should I hold both MUU and SMUP?
MUU and SMUP have a monthly-return correlation of 0.35, 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, MUU or SMUP?
MUU yields 1.47% while SMUP yields 164.73%, so SMUP currently pays the higher dividend yield.
Is SMUP better than MUU?
MUU 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.