MDPL vs. AMUU

Last updated Aug 1, 2026

MDPL (Monarch Dividend Plus ETF) and AMUU (Direxion Daily AMD Bull 2X Shares) are both exchange-traded funds - MDPL is a Mid Cap Value Equities fund tracking the Monarch Dividend Plus Index, while AMUU is a Leveraged Equities fund actively managed by Direxion. MDPL is passively managed, while AMUU is actively managed. Over the past year, MDPL returned 11.80% vs 328.67% for AMUU. Their -0.02 correlation means they have often moved in opposite directions in the past. MDPL charges 1.24%/yr vs 0.97%/yr for AMUU.

Performance

MDPL vs. AMUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monarch Dividend Plus ETF (MDPL) and Direxion Daily AMD Bull 2X Shares (AMUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MDPL achieves a 5.23% return, which is significantly lower than AMUU's 236.52% return.

MDPL

• 1D: 0.54%
• 1M: 7.88%
• 6M: 3.35%
• YTD: 5.23%
• 1Y: 11.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.49%

AMUU

• 1D: -3.78%
• 1M: -20.79%
• 6M: 183.05%
• YTD: 236.52%
• 1Y: 328.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 332.95%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMUU Direxion Daily AMD Bull 2X Shares	$20.61M	$22.17M	$28.17M
MDPL Monarch Dividend Plus ETF	$267.92K	$505.53K	$385.76K

MDPL vs. AMUU - Yearly Performance Comparison

	2026 (YTD)	2025
MDPL Monarch Dividend Plus ETF	5.23%	6.33%
AMUU Direxion Daily AMD Bull 2X Shares	236.52%	153.20%

Correlation

The correlation between MDPL and AMUU is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.13
Correlation (All Time) Calculated using the full available price history since Feb 12, 2025	-0.02

The correlation between MDPL and AMUU shifts across timeframes, from -0.13 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MDPL vs. AMUU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MDPL

MDPL Risk / Return Rank: 28
MDPL Sharpe Ratio Rank: 29
MDPL Sortino Ratio Rank: 30
MDPL Omega Ratio Rank: 27
MDPL Calmar Ratio Rank: 28
MDPL Martin Ratio Rank: 26

AMUU

AMUU Risk / Return Rank: 86
AMUU Sharpe Ratio Rank: 88
AMUU Sortino Ratio Rank: 85
AMUU Omega Ratio Rank: 83
AMUU Calmar Ratio Rank: 95
AMUU Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MDPL vs. AMUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monarch Dividend Plus ETF (MDPL) and Direxion Daily AMD Bull 2X Shares (AMUU). 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.

	MDPL	AMUU	Difference
Sharpe ratio: Return per unit of total volatility	0.69	2.16	-1.47
Sortino ratio: Return per unit of downside risk	1.13	2.85	-1.72
Omega ratio: Gain probability vs. loss probability	1.12	1.35	-0.23
Calmar ratio: Return relative to maximum drawdown	0.89	5.46	-4.57
Martin ratio: Return relative to average drawdown	1.99	10.30	-8.31

MDPL vs. AMUU - Sharpe Ratio Comparison

The current MDPL Sharpe Ratio is 0.69, which is lower than the AMUU Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of MDPL and AMUU, 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

MDPL vs. AMUU - Drawdown Comparison

The maximum MDPL drawdown since its inception was -14.21%, smaller than the maximum AMUU drawdown of -56.47%. Use the drawdown chart below to compare losses from any high point for MDPL and AMUU.

Drawdown Indicators

	MDPL	AMUU	Difference
Max Drawdown Largest peak-to-trough decline	-14.21%	-56.47%	+42.26%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-56.31%	+43.93%
Current Drawdown Current decline from peak	-1.23%	-36.90%	+35.67%
Average Drawdown Average peak-to-trough decline	-4.52%	-22.28%	+17.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.56%	29.82%	-24.26%

Volatility

MDPL vs. AMUU - Volatility Comparison

The current volatility for Monarch Dividend Plus ETF (MDPL) is 6.07%, while Direxion Daily AMD Bull 2X Shares (AMUU) has a volatility of 48.41%. This indicates that MDPL experiences smaller price fluctuations and is considered to be less risky than AMUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDPL	AMUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	48.41%	-42.34%
Volatility (6M) Calculated over the trailing 6-month period	12.49%	112.17%	-99.68%
Volatility (1Y) Calculated over the trailing 1-year period	16.18%	142.44%	-126.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	136.02%	-120.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.59%	136.02%	-120.43%

MDPL vs. AMUU - Expense Ratio Comparison

MDPL has a 1.24% expense ratio, which is higher than AMUU's 0.97% expense ratio.

Dividends

MDPL vs. AMUU - Dividend Comparison

MDPL's dividend yield for the trailing twelve months is around 1.46%, less than AMUU's 4.47% yield.

Position	TTM	2025	2024
AMUU Direxion Daily AMD Bull 2X Shares	4.47%	13.58%	0.00%
MDPL Monarch Dividend Plus ETF	1.46%	1.42%	1.02%

Frequently Asked Questions

Can I hold both MDPL and AMUU in my portfolio?

MDPL and AMUU have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MDPL or AMUU?

AMUU has higher volatility (48.41%) compared to MDPL (6.07%). In terms of maximum drawdown, MDPL dropped -14.21% vs AMUU's -56.47%.

Which ETF is better, MDPL or AMUU?

On 1-year performance, AMUU leads with 328.67% vs 11.80% for MDPL. On fees, AMUU is cheaper at 0.97% per year. On volatility, MDPL has been the lower-risk option at 6.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MDPL or AMUU?

Over the 1-year period, AMUU has performed better with a 328.67% return vs 11.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MDPL or AMUU?

AMUU is cheaper with a 0.97% expense ratio, compared with 1.24% for MDPL.

Which ETF pays a higher dividend yield, MDPL or AMUU?

AMUU has the higher dividend yield at 4.47%, compared with 1.46% for MDPL.

What is the main difference between MDPL and AMUU?

MDPL is categorized as Mid Cap Value Equities, while AMUU is Leveraged Equities. They also come from different issuers: Monarch and Direxion. Their fees differ too: 1.24% for MDPL and 0.97% for AMUU.

Which has better risk-adjusted returns?

AMUU currently has the higher Sharpe Ratio (2.16 vs 0.69), 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.