MRAL vs. LINT

Last updated Jun 4, 2026

MRAL (GraniteShares 2x Long MARA Daily ETF) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds. MRAL is passively managed, while LINT is actively managed. At a 0.32 correlation, their price movements are largely independent. MRAL charges 1.50%/yr vs 0.97%/yr for LINT.

Performance

MRAL vs. LINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long MARA Daily ETF (MRAL) and Direxion Daily INTC Bull 2X Shares (LINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MRAL achieves a 65.74% return, which is significantly lower than LINT's 562.84% return.

MRAL

• 1D: -4.00%
• 1M: 33.63%
• YTD: 65.74%
• 6M: -16.49%
• 1Y: -60.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LINT

• 1D: 9.00%
• 1M: 30.35%
• YTD: 562.84%
• 6M: 362.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MRAL vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
MRAL GraniteShares 2x Long MARA Daily ETF	65.74%	-39.04%
LINT Direxion Daily INTC Bull 2X Shares	562.84%	5.79%

Correlation

The correlation between MRAL and LINT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025	0.32

MRAL vs. LINT - Sectors Allocation Comparison

Sectors	MRAL	LINT
Financial Services	66.7%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	100.0%
Utilities	-	-

Return for Risk

MRAL vs. LINT — Risk / Return Rank

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

MRAL

MRAL Risk / Return Rank: 7
MRAL Sharpe Ratio Rank: 5
MRAL Sortino Ratio Rank: 10
MRAL Omega Ratio Rank: 10
MRAL Calmar Ratio Rank: 4
MRAL Martin Ratio Rank: 5

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.

MRAL vs. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long MARA Daily ETF (MRAL) and Direxion Daily INTC Bull 2X Shares (LINT). 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.

	MRAL	LINT	Difference
Sharpe ratio Return per unit of total volatility	-0.40	—	—
Sortino ratio Return per unit of downside risk	0.22	—	—
Omega ratio Gain probability vs. loss probability	1.03	—	—
Calmar ratio Return relative to maximum drawdown	-0.65	—	—
Martin ratio Return relative to average drawdown	-0.92	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MRAL	LINT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	24.05	-24.45

Drawdowns

MRAL vs. LINT - Drawdown Comparison

The maximum MRAL drawdown since its inception was -93.46%, which is greater than LINT's maximum drawdown of -49.54%. Use the drawdown chart below to compare losses from any high point for MRAL and LINT.

Drawdown Indicators

	MRAL	LINT	Difference
Max Drawdown Largest peak-to-trough decline	-93.46%	-49.54%	-43.92%
Max Drawdown (1Y) Largest decline over 1 year	-93.46%	—	—
Current Drawdown Current decline from peak	-78.17%	-26.55%	-51.62%
Average Drawdown Average peak-to-trough decline	-56.03%	-20.51%	-35.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	66.02%	—	—

Volatility

Volatility by Period

	MRAL	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	115.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	153.49%	163.04%	-9.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	164.22%	163.04%	+1.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	164.22%	163.04%	+1.18%

MRAL vs. LINT - Expense Ratio Comparison

MRAL has a 1.50% expense ratio, which is higher than LINT's 0.97% expense ratio.

Dividends

MRAL vs. LINT - Dividend Comparison

MRAL has not paid dividends to shareholders, while LINT's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025
LINT Direxion Daily INTC Bull 2X Shares	0.13%	0.25%
MRAL GraniteShares 2x Long MARA Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both MRAL and LINT in my portfolio?

MRAL and LINT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MRAL or LINT?

On fees, LINT is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MRAL or LINT?

LINT is cheaper with a 0.97% expense ratio, compared with 1.50% for MRAL.

Which ETF pays a higher dividend yield, MRAL or LINT?

LINT has the higher dividend yield at 0.13%, compared with 0.00% for MRAL.

What is the main difference between MRAL and LINT?

They also come from different issuers: GraniteShares and Direxion. Their fees differ too: 1.50% for MRAL and 0.97% for LINT.