CURE vs. MUU

Last updated Jul 15, 2026

CURE (Direxion Daily Healthcare Bull 3x Shares) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds from Direxion - CURE tracks the Health Care Select Sector Index (300%) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. Over the past year, CURE returned 42.28% vs 3397.63% for MUU. At a 0.13 correlation, their price movements are largely independent. CURE charges 1.08%/yr vs 1.01%/yr for MUU.

Performance

CURE vs. MUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Healthcare Bull 3x Shares (CURE) and Direxion Daily MU Bull 2X Shares (MUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CURE achieves a -0.14% return, which is significantly lower than MUU's 640.02% return.

CURE

• 1D: -5.67%
• 1M: 8.49%
• 6M: -3.29%
• YTD: -0.14%
• 1Y: 42.28%
• 3Y*: 5.85%
• 5Y*: 1.16%
• 10Y*: 13.12%

MUU

• 1D: 9.50%
• 1M: -10.60%
• 6M: 441.55%
• YTD: 640.02%
• 1Y: 3,397.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CURE vs. MUU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CURE Direxion Daily Healthcare Bull 3x Shares	-0.14%	22.55%	-29.40%
MUU Direxion Daily MU Bull 2X Shares	640.02%	599.03%	-40.91%

Correlation

The correlation between CURE and MUU is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024	0.13

Return for Risk

CURE vs. MUU — Risk / Return Rank

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

CURE

CURE Risk / Return Rank: 32
CURE Sharpe Ratio Rank: 31
CURE Sortino Ratio Rank: 36
CURE Omega Ratio Rank: 31
CURE Calmar Ratio Rank: 33
CURE Martin Ratio Rank: 28

MUU

MUU Risk / Return Rank: 99
MUU Sharpe Ratio Rank: 100
MUU Sortino Ratio Rank: 97
MUU Omega Ratio Rank: 97
MUU Calmar Ratio Rank: 100
MUU Martin Ratio Rank: 99

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.

CURE vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Healthcare Bull 3x Shares (CURE) 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.

	CURE	MUU	Difference
Sharpe ratio: Return per unit of total volatility	0.91	29.47	-28.56
Sortino ratio: Return per unit of downside risk	1.59	5.90	-4.31
Omega ratio: Gain probability vs. loss probability	1.18	1.73	-0.56
Calmar ratio: Return relative to maximum drawdown	1.37	81.19	-79.82
Martin ratio: Return relative to average drawdown	3.04	269.76	-266.72

CURE vs. MUU - Sharpe Ratio Comparison

The current CURE Sharpe Ratio is 0.91, which is lower than the MUU Sharpe Ratio of 29.47. The chart below compares the historical Sharpe Ratios of CURE 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.

Drawdowns

CURE vs. MUU - Drawdown Comparison

The maximum CURE drawdown since its inception was -69.19%, smaller than the maximum MUU drawdown of -75.07%. Use the drawdown chart below to compare losses from any high point for CURE and MUU.

Drawdown Indicators

	CURE	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-69.19%	-75.07%	+5.88%
Max Drawdown (1Y) Largest decline over 1 year	-31.10%	-52.72%	+21.62%
Max Drawdown (3Y) Largest decline over 3 years	-51.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.23%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.19%	—	—
Current Drawdown Current decline from peak	-20.74%	-30.27%	+9.53%
Average Drawdown Average peak-to-trough decline	-18.17%	-23.44%	+5.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.95%	16.68%	-2.73%

Volatility

CURE vs. MUU - Volatility Comparison

The current volatility for Direxion Daily Healthcare Bull 3x Shares (CURE) is 18.02%, while Direxion Daily MU Bull 2X Shares (MUU) has a volatility of 67.96%. This indicates that CURE 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.

Volatility by Period

	CURE	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.02%	67.96%	-49.94%
Volatility (6M) Calculated over the trailing 6-month period	34.09%	115.39%	-81.30%
Volatility (1Y) Calculated over the trailing 1-year period	46.74%	145.68%	-98.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.47%	138.08%	-93.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.72%	138.08%	-88.36%

CURE vs. MUU - Expense Ratio Comparison

CURE has a 1.08% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

CURE vs. MUU - Dividend Comparison

CURE's dividend yield for the trailing twelve months is around 1.14%, more than MUU's 0.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CURE Direxion Daily Healthcare Bull 3x Shares	1.14%	1.12%	1.17%	2.02%	0.38%	0.02%	0.17%	0.40%	0.70%	0.18%
MUU Direxion Daily MU Bull 2X Shares	0.64%	4.27%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CURE and MUU in my portfolio?

CURE and MUU have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CURE or MUU?

MUU has higher volatility (67.96%) compared to CURE (18.02%). In terms of maximum drawdown, CURE dropped -69.19% vs MUU's -75.07%.

Which ETF is better, CURE or MUU?

On 1-year performance, MUU leads with 3397.63% vs 42.28% for CURE. On fees, MUU is cheaper at 1.01% per year. On volatility, CURE has been the lower-risk option at 18.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CURE or MUU?

Over the 1-year period, MUU has performed better with a 3397.63% return vs 42.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CURE or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.08% for CURE.

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

CURE has the higher dividend yield at 1.14%, compared with 0.64% for MUU.

What is the main difference between CURE and MUU?

CURE tracks Health Care Select Sector Index (300%), while MUU tracks Micron Technology, Inc. (200% Daily). Their fees differ too: 1.08% for CURE and 1.01% for MUU.

Which has better risk-adjusted returns?

MUU currently has the higher Sharpe Ratio (29.47 vs 0.91), 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.