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Direxion Daily MU Bull 2X Shares (MUU)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Direxion
Inception Date
Oct 9, 2024
Leveraged
2x
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily MU Bull 2X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Direxion Daily MU Bull 2X Shares (MUU) has returned 19.95% so far this year and 790.28% over the past 12 months.


Direxion Daily MU Bull 2X Shares

1D
9.69%
1M
-37.04%
YTD
19.95%
6M
205.62%
1Y
790.28%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 10, 2024, MUU's average daily return is +0.75%, while the average monthly return is +16.23%. At this rate, your investment would double in approximately 0.4 years.

Historically, 56% of months were positive and 44% were negative. The best month was Jan 2026 with a return of +101.1%, while the worst month was Mar 2026 at -37.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MUU closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +37.1%, while the worst single day was Dec 19, 2024 at -32.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026101.13%-5.28%-37.04%19.95%
202511.89%1.87%-17.37%-30.87%47.47%66.95%-22.83%15.48%92.03%72.34%5.48%40.15%599.03%
2024-12.61%-5.85%-30.82%-43.09%

Benchmark Metrics

Direxion Daily MU Bull 2X Shares has an annualized alpha of 324.98%, beta of 4.54, and R² of 0.38 versus S&P 500 Index. Calculated based on daily prices since October 11, 2024.

  • This ETF captured 6238.25% of S&P 500 Index gains and 353.40% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.38 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
324.98%
Beta
4.54
0.38
Upside Capture
6,238.25%
Downside Capture
353.40%

Expense Ratio

MUU has a high expense ratio of 1.06%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MUU ranks 98 for risk / return — in the top 98% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


MUU Risk / Return Rank: 9898
Overall Rank
MUU Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
MUU Sortino Ratio Rank: 9797
Sortino Ratio Rank
MUU Omega Ratio Rank: 9696
Omega Ratio Rank
MUU Calmar Ratio Rank: 9999
Calmar Ratio Rank
MUU Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Direxion Daily MU Bull 2X Shares (MUU) and compare them to a chosen benchmark (S&P 500 Index).


MUUBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

6.16

0.90

+5.26

Sortino ratio

Return per unit of downside risk

3.70

1.39

+2.31

Omega ratio

Gain probability vs. loss probability

1.49

1.21

+0.28

Calmar ratio

Return relative to maximum drawdown

14.42

1.40

+13.02

Martin ratio

Return relative to average drawdown

40.98

6.61

+34.38

Explore MUU risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Direxion Daily MU Bull 2X Shares provided a 4.03% dividend yield over the last twelve months, with an annual payout of $4.85 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$1.00$2.00$3.00$4.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$4.85$4.30$0.05

Dividend yield

4.03%4.27%0.31%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily MU Bull 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.68$0.68
2025$0.00$0.00$0.12$0.00$0.00$0.10$0.00$0.00$0.06$0.00$0.00$4.01$4.30
2024$0.05$0.05

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily MU Bull 2X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily MU Bull 2X Shares was 75.07%, occurring on Apr 4, 2025. Recovery took 109 trading sessions.

The current Direxion Daily MU Bull 2X Shares drawdown is 48.14%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.07%Nov 8, 2024100Apr 4, 2025109Sep 11, 2025209
-52.72%Mar 19, 20268Mar 30, 2026
-38.7%Nov 11, 20258Nov 20, 202513Dec 10, 202521
-32.32%Feb 3, 202623Mar 6, 20267Mar 17, 202630
-27.33%Dec 11, 20255Dec 17, 20253Dec 22, 20258

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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