LACG vs. MUU

Last updated Jun 24, 2026

LACG (Leverage Shares 2X Long LAC Daily ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds. LACG is actively managed, while MUU is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. LACG charges 0.75%/yr vs 1.01%/yr for MUU.

Performance

LACG vs. MUU - Performance Comparison

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

Returns By Period

LACG

• 1D: -8.56%
• 1M: -32.82%
• YTD: -36.90%
• 6M: -47.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: -26.28%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LACG vs. MUU - Yearly Performance Comparison

	2026 (YTD)
LACG Leverage Shares 2X Long LAC Daily ETF	-19.59%
MUU Direxion Daily MU Bull 2X Shares	-12.11%

Correlation

The correlation between LACG and MUU is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	0.90

Return for Risk

LACG vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long LAC Daily ETF (LACG) 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

LACG vs. MUU - Drawdown Comparison

The maximum LACG drawdown since its inception was -71.00%, which is greater than MUU's maximum drawdown of -26.28%. Use the drawdown chart below to compare losses from any high point for LACG and MUU.

Drawdown Indicators

	LACG	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-71.00%	-26.28%	-44.72%
Current Drawdown Current decline from peak	-70.15%	-26.28%	-43.87%
Average Drawdown Average peak-to-trough decline	-44.43%	-10.19%	-34.24%

Volatility

Volatility by Period

	LACG	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	151.70%	295.32%	-143.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	151.70%	295.32%	-143.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	151.70%	295.32%	-143.62%

LACG vs. MUU - Expense Ratio Comparison

LACG has a 0.75% expense ratio, which is lower than MUU's 1.01% expense ratio.

Dividends

LACG vs. MUU - Dividend Comparison

Neither LACG nor MUU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LACG and MUU in my portfolio?

With a correlation of 0.90, LACG and MUU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, LACG or MUU?

On fees, LACG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LACG or MUU?

LACG is cheaper with a 0.75% expense ratio, compared with 1.01% for MUU.

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

LACG and MUU have nearly identical dividend yields, around 0.00%.

What is the main difference between LACG and MUU?

They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for LACG and 1.01% for MUU.