DIG vs. MUU
Compare and contrast key facts about ProShares Ultra Oil & Gas (DIG) and Direxion Daily MU Bull 2X Shares (MUU).
DIG and MUU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIG is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Oil & Gas Index (200%). It was launched on Jan 30, 2007. MUU is an actively managed fund by Direxion. It was launched on Oct 9, 2024.
Performance
DIG vs. MUU - Performance Comparison
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DIG vs. MUU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DIG ProShares Ultra Oil & Gas | 85.56% | 2.73% | -13.98% |
MUU Direxion Daily MU Bull 2X Shares | 19.95% | 599.03% | -43.09% |
Returns By Period
In the year-to-date period, DIG achieves a 85.56% return, which is significantly higher than MUU's 19.95% return.
DIG
- 1D
- -2.11%
- 1M
- 20.66%
- YTD
- 85.56%
- 6M
- 84.85%
- 1Y
- 61.85%
- 3Y*
- 23.97%
- 5Y*
- 36.31%
- 10Y*
- 8.22%
MUU
- 1D
- 9.69%
- 1M
- -37.04%
- YTD
- 19.95%
- 6M
- 205.62%
- 1Y
- 790.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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DIG vs. MUU - Expense Ratio Comparison
DIG has a 0.95% expense ratio, which is lower than MUU's 1.06% expense ratio.
Return for Risk
DIG vs. MUU — Risk / Return Rank
DIG
MUU
DIG vs. MUU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Oil & Gas (DIG) 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.
| DIG | MUU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.26 | 6.16 | -4.90 |
Sortino ratioReturn per unit of downside risk | 1.68 | 3.70 | -2.01 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.49 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 14.42 | -12.57 |
Martin ratioReturn relative to average drawdown | 3.79 | 40.98 | -37.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DIG | MUU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 6.16 | -4.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 1.52 | -1.51 |
Correlation
The correlation between DIG and MUU is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
DIG vs. MUU - Dividend Comparison
DIG's dividend yield for the trailing twelve months is around 1.34%, less than MUU's 4.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIG ProShares Ultra Oil & Gas | 1.34% | 2.62% | 3.13% | 0.61% | 1.33% | 2.24% | 3.18% | 2.72% | 2.30% | 1.76% | 1.09% | 1.56% |
MUU Direxion Daily MU Bull 2X Shares | 4.03% | 4.27% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DIG vs. MUU - Drawdown Comparison
The maximum DIG drawdown since its inception was -97.04%, which is greater than MUU's maximum drawdown of -75.07%. Use the drawdown chart below to compare losses from any high point for DIG and MUU.
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Drawdown Indicators
| DIG | MUU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.04% | -75.07% | -21.97% |
Max Drawdown (1Y)Largest decline over 1 year | -35.40% | -52.72% | +17.32% |
Max Drawdown (5Y)Largest decline over 5 years | -46.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -92.53% | — | — |
Current DrawdownCurrent decline from peak | -45.64% | -48.14% | +2.50% |
Average DrawdownAverage peak-to-trough decline | -64.48% | -25.05% | -39.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.30% | 18.55% | -1.25% |
Volatility
DIG vs. MUU - Volatility Comparison
The current volatility for ProShares Ultra Oil & Gas (DIG) is 9.86%, while Direxion Daily MU Bull 2X Shares (MUU) has a volatility of 46.74%. This indicates that DIG 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
| DIG | MUU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 46.74% | -36.88% |
Volatility (6M)Calculated over the trailing 6-month period | 27.64% | 98.12% | -70.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.37% | 129.66% | -80.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.66% | 127.08% | -75.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.59% | 127.08% | -69.49% |