MRVU vs. KLAG

Last updated Jun 5, 2026

MRVU (Direxion Daily MRVL Bull 2X ETF) and KLAG (Leverage Shares 2X Long KLAC Daily ETF) are both Leveraged Equities funds - MRVU tracks the Marvell Technology, Inc. (MRVL) while KLAG tracks the KLA Corporation (KLAC). Both are passively managed. A 0.57 correlation means they provide meaningful diversification when combined. MRVU charges 0.97%/yr vs 0.75%/yr for KLAG.

Performance

MRVU vs. KLAG - Performance Comparison

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

Returns By Period

MRVU

• 1D: 10.26%
• 1M: 215.52%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLAG

• 1D: 0.41%
• 1M: 47.07%
• YTD: 156.16%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MRVU vs. KLAG - Yearly Performance Comparison

	2026 (YTD)
MRVU Direxion Daily MRVL Bull 2X ETF	1,102.86%
KLAG Leverage Shares 2X Long KLAC Daily ETF	87.04%

Correlation

The correlation between MRVU and KLAG is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 12, 2026	0.57

Return for Risk

MRVU vs. KLAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MRVL Bull 2X ETF (MRVU) and Leverage Shares 2X Long KLAC Daily ETF (KLAG). 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.

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

Sharpe Ratios by Period

	MRVU	KLAG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1,774.55	6.15	+1,768.40

Drawdowns

MRVU vs. KLAG - Drawdown Comparison

The maximum MRVU drawdown since its inception was -21.03%, smaller than the maximum KLAG drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for MRVU and KLAG.

Drawdown Indicators

	MRVU	KLAG	Difference
Max Drawdown Largest peak-to-trough decline	-21.03%	-42.37%	+21.34%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.24%	-15.46%	+11.22%

Volatility

Volatility by Period

	MRVU	KLAG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	175.19%	108.73%	+66.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	175.19%	108.73%	+66.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	175.19%	108.73%	+66.46%

MRVU vs. KLAG - Expense Ratio Comparison

MRVU has a 0.97% expense ratio, which is higher than KLAG's 0.75% expense ratio.

Dividends

MRVU vs. KLAG - Dividend Comparison

MRVU's dividend yield for the trailing twelve months is around 0.02%, while KLAG has not paid dividends to shareholders.

Position	TTM
KLAG Leverage Shares 2X Long KLAC Daily ETF	0.00%
MRVU Direxion Daily MRVL Bull 2X ETF	0.02%

Frequently Asked Questions

Can I hold both MRVU and KLAG in my portfolio?

MRVU and KLAG have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MRVU or KLAG?

On fees, KLAG 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, MRVU or KLAG?

KLAG is cheaper with a 0.75% expense ratio, compared with 0.97% for MRVU.

Which ETF pays a higher dividend yield, MRVU or KLAG?

MRVU has the higher dividend yield at 0.02%, compared with 0.00% for KLAG.

What is the main difference between MRVU and KLAG?

MRVU tracks Marvell Technology, Inc. (MRVL), while KLAG tracks KLA Corporation (KLAC). They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.97% for MRVU and 0.75% for KLAG.