BU vs. MUU

Last updated Jun 25, 2026

BU (Defiance Daily Target 2X Long B ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds. BU is actively managed, while MUU is passively managed. BU charges 1.29%/yr vs 1.01%/yr for MUU.

Performance

BU vs. MUU - Performance Comparison

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

Returns By Period

BU

• 1D: 0.00%
• 1M: -6.46%
• YTD: -29.80%
• 6M: -35.55%
• 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)

BU vs. MUU - Yearly Performance Comparison

	2026 (YTD)
BU Defiance Daily Target 2X Long B ETF	0.00%
MUU Direxion Daily MU Bull 2X Shares	-12.53%

Return for Risk

BU vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long B ETF (BU) 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

BU vs. MUU - Drawdown Comparison

The maximum BU drawdown since its inception was -53.98%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for BU and MUU.

Drawdown Indicators

	BU	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-53.98%	-26.63%	-27.35%
Current Drawdown Current decline from peak	-51.59%	-26.63%	-24.96%
Average Drawdown Average peak-to-trough decline	-27.60%	-12.91%	-14.69%

Volatility

Volatility by Period

	BU	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	95.05%	263.57%	-168.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.05%	263.57%	-168.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.05%	263.57%	-168.52%

BU vs. MUU - Expense Ratio Comparison

BU has a 1.29% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

BU vs. MUU - Dividend Comparison

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

Position	TTM
BU Defiance Daily Target 2X Long B ETF	0.00%
MUU Direxion Daily MU Bull 2X Shares	0.23%

Frequently Asked Questions

Which ETF is better, BU or MUU?

On fees, MUU is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BU or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.29% for BU.

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

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

What is the main difference between BU and MUU?

They also come from different issuers: Defiance and Direxion. Their fees differ too: 1.29% for BU and 1.01% for MUU.