MUU vs. CMGG
MUU (Direxion Daily MU Bull 2X Shares) and CMGG (Leverage Shares 2X Long CMG Daily ETF) are both Leveraged Equities funds. MUU is passively managed, while CMGG is actively managed. At a 0.00 correlation, their price movements are largely independent. MUU charges 1.01%/yr vs 0.75%/yr for CMGG.
Performance
MUU vs. CMGG - Performance Comparison
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Returns By Period
MUU
- 1D
- -26.28%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CMGG
- 1D
- 2.82%
- 1M
- -12.95%
- YTD
- -37.52%
- 6M
- -40.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MUU vs. CMGG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MUU Direxion Daily MU Bull 2X Shares | -12.11% |
CMGG Leverage Shares 2X Long CMG Daily ETF | -10.68% |
Correlation
The correlation between MUU and CMGG is 0.00, 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 Jun 16, 2026 | 0.00 |
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Return for Risk
MUU vs. CMGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MU Bull 2X Shares (MUU) and Leverage Shares 2X Long CMG Daily ETF (CMGG). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
MUU vs. CMGG - Drawdown Comparison
The maximum MUU drawdown since its inception was -26.28%, smaller than the maximum CMGG drawdown of -56.75%. Use the drawdown chart below to compare losses from any high point for MUU and CMGG.
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Drawdown Indicators
| MUU | CMGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.28% | -56.75% | +30.47% |
Current DrawdownCurrent decline from peak | -26.28% | -48.19% | +21.91% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -23.37% | +13.18% |
Volatility
MUU vs. CMGG - Volatility Comparison
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Volatility by Period
| MUU | CMGG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 295.32% | 68.93% | +226.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 295.32% | 68.93% | +226.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 295.32% | 68.93% | +226.39% |
MUU vs. CMGG - Expense Ratio Comparison
MUU has a 1.01% expense ratio, which is higher than CMGG's 0.75% expense ratio.
Dividends
MUU vs. CMGG - Dividend Comparison
Neither MUU nor CMGG has paid dividends to shareholders.
Frequently Asked Questions
MUU and CMGG have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMGG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMGG is cheaper with a 0.75% expense ratio, compared with 1.01% for MUU.
MUU and CMGG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.01% for MUU and 0.75% for CMGG.
Find the right allocation for MUU and CMGG
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