ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) Alternatives
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MTUL. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MTUL
MTUL charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among MTUL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | MTUL vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | MTUL vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | MTUL vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | MTUL vs AMDG | |
| Leverage Shares 2X Long HOOD Daily ETF | 0.75% | Mar 20, 2025 | MTUL vs HOOG |
Best Risk-Adjusted Alternatives to MTUL
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | MTUL vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | MTUL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | MTUL vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | MTUL vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | MTUL vs TSMX |
Top Performing MTUL Alternatives (YTD)
MTUL alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | MTUL vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | MTUL vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | MTUL vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | MTUL vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | MTUL vs DIG |
Lowest Volatility Alternatives to MTUL
MTUL alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | MTUL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | MTUL vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | MTUL vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | MTUL vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | MTUL vs XTJL |
Lowest Drawdown Alternatives to MTUL
MTUL alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | MTUL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | MTUL vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | MTUL vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | MTUL vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | MTUL vs XTJL |
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Often Compared With MTUL
What investors most often compare with MTUL, based on PortfoliosLab usage data.
Compare MTUL with Any Fund or Stock
Compare MTUL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.