ATEX vs. MUU
ATEX (Anterix Inc.) is a stock, while MUU (Direxion Daily MU Bull 2X Shares) is Leveraged Equities fund tracking the Micron Technology, Inc. (200% Daily). Over the past year, ATEX returned 331.43% vs 2796.55% for MUU. At a 0.19 correlation, their price movements are largely independent.
Performance
ATEX vs. MUU - Performance Comparison
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Returns By Period
In the year-to-date period, ATEX achieves a 373.43% return, which is significantly lower than MUU's 575.80% return.
ATEX
- 1D
- 2.37%
- 1M
- 25.27%
- 6M
- 344.13%
- YTD
- 373.43%
- 1Y
- 331.43%
- 3Y*
- 50.55%
- 5Y*
- 12.41%
- 10Y*
- 16.23%
MUU
- 1D
- -9.01%
- 1M
- -18.36%
- 6M
- 372.65%
- YTD
- 575.80%
- 1Y
- 2,796.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ATEX vs. MUU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ATEX Anterix Inc. | 373.43% | -28.82% | -7.84% |
MUU Direxion Daily MU Bull 2X Shares | 575.80% | 599.03% | -40.91% |
Correlation
The correlation between ATEX and MUU is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024 | 0.19 |
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Return for Risk
ATEX vs. MUU — Risk / Return Rank
ATEX
MUU
ATEX vs. MUU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Anterix Inc. (ATEX) and Direxion Daily MU Bull 2X Shares (MUU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ATEX | MUU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.69 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 13.79 | 66.09 | -52.30 |
| Martin ratioReturn relative to average drawdown | 40.85 | 221.31 | -180.45 |
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Drawdowns
ATEX vs. MUU - Drawdown Comparison
The maximum ATEX drawdown since its inception was -72.27%, roughly equal to the maximum MUU drawdown of -75.07%. Use the drawdown chart below to compare losses from any high point for ATEX and MUU.
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Drawdown Indicators
| ATEX | MUU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.27% | -75.07% | +2.80% |
Max Drawdown (1Y)Largest decline over 1 year | -24.22% | -52.72% | +28.50% |
Max Drawdown (3Y)Largest decline over 3 years | -57.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -72.27% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -72.27% | — | — |
Current DrawdownCurrent decline from peak | -4.49% | -36.32% | +31.83% |
Average DrawdownAverage peak-to-trough decline | -38.44% | -23.43% | -15.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.69% | 16.57% | -7.88% |
Volatility
ATEX vs. MUU - Volatility Comparison
The current volatility for Anterix Inc. (ATEX) is 30.09%, while Direxion Daily MU Bull 2X Shares (MUU) has a volatility of 67.81%. This indicates that ATEX experiences smaller price fluctuations and is considered to be less risky than MUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATEX | MUU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.09% | 67.81% | -37.72% |
Volatility (6M)Calculated over the trailing 6-month period | 46.28% | 116.35% | -70.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.44% | 145.78% | -87.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.23% | 138.10% | -92.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.74% | 138.10% | -87.36% |
Dividends
ATEX vs. MUU - Dividend Comparison
ATEX has not paid dividends to shareholders, while MUU's dividend yield for the trailing twelve months is around 0.70%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ATEX Anterix Inc. | 0.00% | 0.00% | 0.00% |
MUU Direxion Daily MU Bull 2X Shares | 0.70% | 4.27% | 0.31% |
Frequently Asked Questions
ATEX and MUU have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MUU has higher volatility (67.81%) compared to ATEX (30.09%). In terms of maximum drawdown, ATEX dropped -72.27% vs MUU's -75.07%.
MUU currently has the higher Sharpe Ratio (23.95 vs 5.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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