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CRVS vs. MUU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CRVS vs. MUU - Performance Comparison

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

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Returns By Period

In the year-to-date period, CRVS achieves a 50.65% return, which is significantly lower than MUU's 798.37% return.


CRVS

1D
-0.77%
1M
-27.59%
YTD
50.65%
6M
37.44%
1Y
181.55%
3Y*
53.62%
5Y*
33.95%
10Y*
-2.20%

MUU

1D
-15.35%
1M
121.05%
YTD
798.37%
6M
1,279.44%
1Y
5,396.82%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CRVS vs. MUU - Yearly Performance Comparison


2026 (YTD)20252024
CRVS
Corvus Pharmaceuticals, Inc.
50.65%43.93%-7.92%
MUU
Direxion Daily MU Bull 2X Shares
798.37%599.03%-43.09%

Correlation

The correlation between CRVS and MUU is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2024

0.23

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Return for Risk

CRVS vs. MUU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRVS
CRVS Risk / Return Rank: 8585
Overall Rank
CRVS Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
CRVS Sortino Ratio Rank: 9595
Sortino Ratio Rank
CRVS Omega Ratio Rank: 9292
Omega Ratio Rank
CRVS Calmar Ratio Rank: 8484
Calmar Ratio Rank
CRVS Martin Ratio Rank: 8282
Martin Ratio Rank

MUU
MUU Risk / Return Rank: 9999
Overall Rank
MUU Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
MUU Sortino Ratio Rank: 9898
Sortino Ratio Rank
MUU Omega Ratio Rank: 9797
Omega Ratio Rank
MUU Calmar Ratio Rank: 100100
Calmar Ratio Rank
MUU Martin Ratio Rank: 100100
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.

CRVS vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corvus Pharmaceuticals, Inc. (CRVS) 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.


CRVSMUUDifference
Sharpe ratioReturn per unit of total volatility

-40.31

Sortino ratioReturn per unit of downside risk

-2.59

Omega ratioGain probability vs. loss probability

1.47

1.86

-0.38

Calmar ratioReturn relative to maximum drawdown

3.33

104.05

-100.72

Martin ratioReturn relative to average drawdown

7.50

352.22

-344.72

CRVS vs. MUU - Sharpe Ratio Comparison

The current CRVS Sharpe Ratio is 1.01, which is lower than the MUU Sharpe Ratio of 41.32. The chart below compares the historical Sharpe Ratios of CRVS and MUU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


CRVSMUUDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.01

41.32

-40.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.02

5.91

-5.92

Drawdowns

CRVS vs. MUU - Drawdown Comparison

The maximum CRVS drawdown since its inception was -96.97%, which is greater than MUU's maximum drawdown of -75.07%. Use the drawdown chart below to compare losses from any high point for CRVS and MUU.


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Drawdown Indicators


CRVSMUUDifference

Max Drawdown

Largest peak-to-trough decline

-96.97%

-75.07%

-21.90%

Max Drawdown (1Y)

Largest decline over 1 year

-54.94%

-52.72%

-2.22%

Max Drawdown (3Y)

Largest decline over 3 years

-72.02%

Max Drawdown (5Y)

Largest decline over 5 years

-92.40%

Max Drawdown (10Y)

Largest decline over 10 years

-96.97%

Current Drawdown

Current decline from peak

-54.55%

-15.35%

-39.20%

Average Drawdown

Average peak-to-trough decline

-69.33%

-23.42%

-45.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.34%

15.54%

+8.80%

Volatility

CRVS vs. MUU - Volatility Comparison

The current volatility for Corvus Pharmaceuticals, Inc. (CRVS) is 23.60%, while Direxion Daily MU Bull 2X Shares (MUU) has a volatility of 56.84%. This indicates that CRVS 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


CRVSMUUDifference

Volatility (1M)

Calculated over the trailing 1-month period

23.60%

56.84%

-33.24%

Volatility (6M)

Calculated over the trailing 6-month period

112.05%

106.70%

+5.35%

Volatility (1Y)

Calculated over the trailing 1-year period

180.95%

132.77%

+48.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

131.04%

134.14%

-3.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

111.15%

134.14%

-22.99%

Dividends

CRVS vs. MUU - Dividend Comparison

CRVS has not paid dividends to shareholders, while MUU's dividend yield for the trailing twelve months is around 0.54%.


PositionTTM20252024
CRVS
Corvus Pharmaceuticals, Inc.
0.00%0.00%0.00%
MUU
Direxion Daily MU Bull 2X Shares
0.54%4.27%0.31%

Frequently Asked Questions


CRVS and MUU have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MUU has higher volatility (56.84%) compared to CRVS (23.60%). In terms of maximum drawdown, CRVS dropped -96.97% vs MUU's -75.07%.

MUU currently has the higher Sharpe Ratio (41.32 vs 1.01), 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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