MOD vs. MUU

Last updated Jun 4, 2026

MOD (Modine Manufacturing Company) is a stock, while MUU (Direxion Daily MU Bull 2X Shares) is Leveraged Equities fund actively managed by Direxion. Over the past year, MOD returned 225.53% vs 6522.95% for MUU. At a 0.45 correlation, their price movements are largely independent.

Performance

MOD vs. MUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Modine Manufacturing Company (MOD) 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, MOD achieves a 126.22% return, which is significantly lower than MUU's 961.23% return.

MOD

• 1D: -1.58%
• 1M: 16.27%
• YTD: 126.22%
• 6M: 91.81%
• 1Y: 225.53%
• 3Y*: 114.88%
• 5Y*: 76.19%
• 10Y*: 40.52%

MUU

• 1D: 3.08%
• 1M: 218.90%
• YTD: 961.23%
• 6M: 1,422.01%
• 1Y: 6,522.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MOD vs. MUU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MOD Modine Manufacturing Company	126.22%	15.16%	-11.47%
MUU Direxion Daily MU Bull 2X Shares	961.23%	599.03%	-43.09%

Correlation

The correlation between MOD and MUU is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Oct 11, 2024	0.45

Return for Risk

MOD vs. MUU — Risk / Return Rank

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

MOD

MOD Risk / Return Rank: 94
MOD Sharpe Ratio Rank: 96
MOD Sortino Ratio Rank: 92
MOD Omega Ratio Rank: 91
MOD Calmar Ratio Rank: 96
MOD Martin Ratio Rank: 96

MUU

MUU Risk / Return Rank: 99
MUU Sharpe Ratio Rank: 100
MUU Sortino Ratio Rank: 98
MUU Omega Ratio Rank: 97
MUU Calmar Ratio Rank: 100
MUU Martin Ratio Rank: 100

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.

MOD vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Modine Manufacturing Company (MOD) 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.

	MOD	MUU	Difference
Sharpe ratio: Return per unit of total volatility	3.45	50.40	-46.95
Sortino ratio: Return per unit of downside risk	3.50	7.17	-3.67
Omega ratio: Gain probability vs. loss probability	1.46	1.91	-0.45
Calmar ratio: Return relative to maximum drawdown	8.24	125.85	-117.61
Martin ratio: Return relative to average drawdown	23.91	426.84	-402.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOD vs. MUU - Sharpe Ratio Comparison

The current MOD Sharpe Ratio is 3.45, which is lower than the MUU Sharpe Ratio of 50.40. The chart below compares the historical Sharpe Ratios of MOD 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.

Sharpe Ratios by Period

	MOD	MUU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.45	50.40	-46.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	6.68	-6.46

Drawdowns

MOD vs. MUU - Drawdown Comparison

The maximum MOD drawdown since its inception was -97.53%, which is greater than MUU's maximum drawdown of -75.07%. Use the drawdown chart below to compare losses from any high point for MOD and MUU.

Drawdown Indicators

	MOD	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-97.53%	-75.07%	-22.46%
Max Drawdown (1Y) Largest decline over 1 year	-27.55%	-52.72%	+25.17%
Max Drawdown (3Y) Largest decline over 3 years	-51.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-57.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-88.13%	—	—
Current Drawdown Current decline from peak	-1.58%	0.00%	-1.58%
Average Drawdown Average peak-to-trough decline	-37.68%	-23.44%	-14.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.48%	15.51%	-6.03%

Volatility

MOD vs. MUU - Volatility Comparison

The current volatility for Modine Manufacturing Company (MOD) is 23.41%, while Direxion Daily MU Bull 2X Shares (MUU) has a volatility of 54.78%. This indicates that MOD 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

	MOD	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.41%	54.78%	-31.37%
Volatility (6M) Calculated over the trailing 6-month period	51.90%	105.07%	-53.17%
Volatility (1Y) Calculated over the trailing 1-year period	65.90%	131.77%	-65.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.16%	133.67%	-73.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.75%	133.67%	-74.92%

Dividends

MOD vs. MUU - Dividend Comparison

MOD has not paid dividends to shareholders, while MUU's dividend yield for the trailing twelve months is around 0.46%.

Position	TTM	2025	2024
MOD Modine Manufacturing Company	0.00%	0.00%	0.00%
MUU Direxion Daily MU Bull 2X Shares	0.46%	4.27%	0.31%

Frequently Asked Questions

Can I hold both MOD and MUU in my portfolio?

MOD and MUU have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOD or MUU?

MUU has higher volatility (54.78%) compared to MOD (23.41%). In terms of maximum drawdown, MOD dropped -97.53% vs MUU's -75.07%.

Which has better risk-adjusted returns?

MUU currently has the higher Sharpe Ratio (50.40 vs 3.45), 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.