BIDG vs. MUU

Last updated Jun 25, 2026

BIDG (Leverage Shares 2X Long BIDU Daily ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds - BIDG tracks the Baidu, Inc. (BIDU) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. BIDG charges 0.75%/yr vs 1.01%/yr for MUU.

Performance

BIDG vs. MUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long BIDU Daily ETF (BIDG) and Direxion Daily MU Bull 2X Shares (MUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BIDG

• 1D: -4.51%
• 1M: -30.88%
• YTD: -42.97%
• 6M: -36.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: -0.64%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BIDG vs. MUU - Yearly Performance Comparison

	2026 (YTD)
BIDG Leverage Shares 2X Long BIDU Daily ETF	-15.18%
MUU Direxion Daily MU Bull 2X Shares	-12.53%

Correlation

The correlation between BIDG and MUU is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	0.83

Return for Risk

BIDG vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BIDU Daily ETF (BIDG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BIDG vs. MUU - Drawdown Comparison

The maximum BIDG drawdown since its inception was -62.05%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for BIDG and MUU.

Drawdown Indicators

	BIDG	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-62.05%	-26.63%	-35.42%
Current Drawdown Current decline from peak	-62.05%	-26.63%	-35.42%
Average Drawdown Average peak-to-trough decline	-34.54%	-12.91%	-21.63%

Volatility

Volatility by Period

	BIDG	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	102.23%	263.57%	-161.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.23%	263.57%	-161.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.23%	263.57%	-161.34%

BIDG vs. MUU - Expense Ratio Comparison

BIDG has a 0.75% expense ratio, which is lower than MUU's 1.01% expense ratio.

Dividends

BIDG vs. MUU - Dividend Comparison

BIDG has not paid dividends to shareholders, while MUU's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM
BIDG Leverage Shares 2X Long BIDU Daily ETF	0.00%
MUU Direxion Daily MU Bull 2X Shares	0.23%

Frequently Asked Questions

Can I hold both BIDG and MUU in my portfolio?

BIDG and MUU have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BIDG or MUU?

On fees, BIDG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BIDG or MUU?

BIDG is cheaper with a 0.75% expense ratio, compared with 1.01% for MUU.

Which ETF pays a higher dividend yield, BIDG or MUU?

MUU has the higher dividend yield at 0.23%, compared with 0.00% for BIDG.

What is the main difference between BIDG and MUU?

BIDG tracks Baidu, Inc. (BIDU), while MUU tracks Micron Technology, Inc. (200% Daily). They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for BIDG and 1.01% for MUU.