Direxion Daily MU Bull 2X Shares (MUU) Sharpe Ratio: 29.40

MUU's Sharpe Ratio of 29.40 indicates that for each unit of volatility, it generates 29.40 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 10, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

MUU Sharpe Ratio Rank

Exceptional

MUU ranks above 100.0% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

MUU Sharpe Ratio Market Positioning

The chart shows MUU's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.78 or lower
Yellow zone (middle 50%): 0.78 to 2.08
Green zone (top 25%): 2.08 or higher
Top 1%: 7.21+
Median: 1.48 — half of all investments score higher

How it compares to other similar ETFs

The table compares Direxion Daily MU Bull 2X Shares's Sharpe Ratio with other ETFs in the Leveraged Equities category across multiple time periods, showing how MUU's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 10, 2026.

Symbol	Name	1Y Sharpe Ratio
MUU	Direxion Daily MU Bull 2X Shares	29.40
MULL	GraniteShares 2x Long MU Daily ETF	27.39
INTW	GraniteShares 2x Long INTC Daily ETF	9.68
SOXL	Direxion Daily Semiconductor Bull 3X ETF	8.27
KORU	Direxion Daily South Korea Bull 3X Shares	7.33
AMUU	Direxion Daily AMD Bull 2X Shares	6.17
AMDL	GraniteShares 2x Long AMD Daily ETF	6.17
AMDG	Leverage Shares 2X Long AMD Daily ETF	6.06
MVLL	GraniteShares 2x Long MRVL Daily ETF	5.05
DLLL	GraniteShares 2x Long DELL Daily ETF	4.94

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

The chart shows MUU's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MUU consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does MUU fit in your portfolio?

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