MSFU vs. MUU

Last updated Jun 24, 2026

MSFU (Direxion Daily MSFT Bull 2X Shares) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds from Direxion - MSFU tracks the Microsoft Corporation (150%) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. At a correlation of -0.30, they often move in opposite directions. MSFU charges 1.04%/yr vs 1.01%/yr for MUU.

Performance

MSFU vs. MUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily MSFT Bull 2X Shares (MSFU) and Direxion Daily MU Bull 2X Shares (MUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MSFU

• 1D: 2.99%
• 1M: -22.25%
• YTD: -45.68%
• 6M: -46.49%
• 1Y: -49.63%
• 3Y*: -9.21%
• 5Y*: —
• 10Y*: —

MUU

• 1D: -26.28%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFU vs. MUU - Yearly Performance Comparison

	2026 (YTD)
MSFU Direxion Daily MSFT Bull 2X Shares	-13.61%
MUU Direxion Daily MU Bull 2X Shares	-12.11%

Correlation

The correlation between MSFU and MUU is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	-0.30

Return for Risk

MSFU vs. MUU — Risk / Return Rank

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

MSFU

MSFU Risk / Return Rank: 2
MSFU Sharpe Ratio Rank: 1
MSFU Sortino Ratio Rank: 2
MSFU Omega Ratio Rank: 1
MSFU Calmar Ratio Rank: 2
MSFU Martin Ratio Rank: 1

MUU

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

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.

MSFU vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSFT Bull 2X Shares (MSFU) 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.

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.

	MSFU	MUU	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	—	—
Sortino ratio: Return per unit of downside risk	-1.36	—	—
Omega ratio: Gain probability vs. loss probability	0.83	—	—
Calmar ratio: Return relative to maximum drawdown	-0.83	—	—
Martin ratio: Return relative to average drawdown	-1.50	—	—

Drawdowns

MSFU vs. MUU - Drawdown Comparison

The maximum MSFU drawdown since its inception was -59.83%, which is greater than MUU's maximum drawdown of -26.28%. Use the drawdown chart below to compare losses from any high point for MSFU and MUU.

Drawdown Indicators

	MSFU	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-59.83%	-26.28%	-33.55%
Max Drawdown (1Y) Largest decline over 1 year	-59.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-59.83%	—	—
Current Drawdown Current decline from peak	-57.95%	-26.28%	-31.67%
Average Drawdown Average peak-to-trough decline	-16.98%	-10.19%	-6.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.19%	—	—

Volatility

Volatility by Period

	MSFU	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	51.94%	295.32%	-243.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.60%	295.32%	-248.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.60%	295.32%	-248.72%

MSFU vs. MUU - Expense Ratio Comparison

MSFU has a 1.04% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

MSFU vs. MUU - Dividend Comparison

MSFU's dividend yield for the trailing twelve months is around 14.56%, while MUU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
MSFU Direxion Daily MSFT Bull 2X Shares	14.56%	8.15%	7.00%	2.11%	0.54%
MUU Direxion Daily MU Bull 2X Shares	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSFU and MUU in my portfolio?

MSFU and MUU have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSFU or MUU?

On fees, MUU is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSFU or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.04% for MSFU.

Which ETF pays a higher dividend yield, MSFU or MUU?

MSFU has the higher dividend yield at 14.56%, compared with 0.00% for MUU.

What is the main difference between MSFU and MUU?

MSFU tracks Microsoft Corporation (150%), while MUU tracks Micron Technology, Inc. (200% Daily). Their fees differ too: 1.04% for MSFU and 1.01% for MUU.