MOON vs. BAMU

Last updated Jun 24, 2026

MOON (Direxion Moonshot Innovators ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - MOON is a Technology Equities fund tracking the S&P Kensho Moonshots Index, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. MOON is passively managed, while BAMU is actively managed. At a correlation of -0.01, they often move in opposite directions. MOON charges 0.65%/yr vs 1.09%/yr for BAMU.

Performance

MOON vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Moonshot Innovators ETF (MOON) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MOON

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

BAMU

• 1D: 0.00%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.29%
• 1Y: 2.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MOON vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	-8.56%	11.09%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	4.14%	1.20%

Correlation

The correlation between MOON and BAMU is -0.01, 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 Sep 27, 2023	-0.01

Return for Risk

MOON vs. BAMU — Risk / Return Rank

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

MOON

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

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.

MOON vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

	MOON	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	—	4.94	—
Sortino ratio: Return per unit of downside risk	—	8.71	—
Omega ratio: Gain probability vs. loss probability	—	2.41	—
Calmar ratio: Return relative to maximum drawdown	—	24.37	—
Martin ratio: Return relative to average drawdown	—	96.52	—

Drawdowns

Drawdown Indicators

	MOON	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	—	-0.36%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.12%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-0.02%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.03%	—

Volatility

Volatility by Period

	MOON	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	0.87%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	0.87%	—

MOON vs. BAMU - Expense Ratio Comparison

MOON has a 0.65% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

MOON vs. BAMU - Dividend Comparison

MOON has not paid dividends to shareholders, while BAMU's dividend yield for the trailing twelve months is around 3.05%.

Position	TTM	2025	2024	2023	2022	2021
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%	0.00%	0.00%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%

Frequently Asked Questions

Can I hold both MOON and BAMU in my portfolio?

MOON and BAMU have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MOON or BAMU?

On fees, MOON is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MOON or BAMU?

MOON is cheaper with a 0.65% expense ratio, compared with 1.09% for BAMU.

Which ETF pays a higher dividend yield, MOON or BAMU?

BAMU has the higher dividend yield at 3.05%, compared with 0.00% for MOON.

What is the main difference between MOON and BAMU?

MOON is categorized as Technology Equities, while BAMU is Ultrashort Bond. They also come from different issuers: Direxion and Brookstone. Their fees differ too: 0.65% for MOON and 1.09% for BAMU.