DRNL vs. MUU

Last updated Jun 26, 2026

DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds - DRNL tracks the BITA Pure Drone and Aerial Automation Index while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. At a correlation of -0.04, they often move in opposite directions. DRNL charges 1.31%/yr vs 1.01%/yr for MUU.

Performance

DRNL vs. MUU - Performance Comparison

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

Returns By Period

DRNL

• 1D: -10.39%
• 1M: -43.38%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: 31.07%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNL vs. MUU - Yearly Performance Comparison

	2026 (YTD)
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	-35.11%
MUU Direxion Daily MU Bull 2X Shares	14.65%

Correlation

The correlation between DRNL and MUU is -0.04, 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 (All Time) Calculated using the full available price history since Jun 16, 2026	-0.04

Return for Risk

DRNL vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL) 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

DRNL vs. MUU - Drawdown Comparison

The maximum DRNL drawdown since its inception was -70.63%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for DRNL and MUU.

Drawdown Indicators

	DRNL	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-70.63%	-26.63%	-44.00%
Current Drawdown Current decline from peak	-70.63%	-3.84%	-66.79%
Average Drawdown Average peak-to-trough decline	-39.98%	-11.62%	-28.36%

Volatility

Volatility by Period

	DRNL	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	141.57%	307.99%	-166.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	141.57%	307.99%	-166.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	141.57%	307.99%	-166.42%

DRNL vs. MUU - Expense Ratio Comparison

DRNL has a 1.31% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

DRNL vs. MUU - Dividend Comparison

DRNL has not paid dividends to shareholders, while MUU's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	0.00%
MUU Direxion Daily MU Bull 2X Shares	0.17%

Frequently Asked Questions

Can I hold both DRNL and MUU in my portfolio?

DRNL and MUU have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRNL 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, DRNL or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.31% for DRNL.

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

MUU has the higher dividend yield at 0.17%, compared with 0.00% for DRNL.

What is the main difference between DRNL and MUU?

DRNL tracks BITA Pure Drone and Aerial Automation Index, while MUU tracks Micron Technology, Inc. (200% Daily). They also come from different issuers: Defiance and Direxion. Their fees differ too: 1.31% for DRNL and 1.01% for MUU.