MUU vs. XDSQ
MUU (Direxion Daily MU Bull 2X Shares) and XDSQ (Innovator US Equity Accelerated ETF) are both Leveraged Equities funds. MUU is passively managed, while XDSQ is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. MUU charges 1.01%/yr vs 0.79%/yr for XDSQ.
Performance
MUU vs. XDSQ - Performance Comparison
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Returns By Period
MUU
- 1D
- -26.28%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDSQ
- 1D
- -0.03%
- 1M
- 0.63%
- YTD
- 3.05%
- 6M
- 2.05%
- 1Y
- 15.05%
- 3Y*
- 14.47%
- 5Y*
- 9.68%
- 10Y*
- —
MUU vs. XDSQ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MUU Direxion Daily MU Bull 2X Shares | -12.11% |
XDSQ Innovator US Equity Accelerated ETF | 0.08% |
Correlation
The correlation between MUU and XDSQ is 0.70, 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 Jun 16, 2026 | 0.70 |
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Return for Risk
MUU vs. XDSQ — Risk / Return Rank
MUU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XDSQ
MUU vs. XDSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MU Bull 2X Shares (MUU) and Innovator US Equity Accelerated ETF (XDSQ). 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.
| MUU | XDSQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.58 | — |
| Martin ratioReturn relative to average drawdown | — | 7.51 | — |
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Drawdowns
MUU vs. XDSQ - Drawdown Comparison
The maximum MUU drawdown since its inception was -26.28%, roughly equal to the maximum XDSQ drawdown of -26.06%. Use the drawdown chart below to compare losses from any high point for MUU and XDSQ.
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Drawdown Indicators
| MUU | XDSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.28% | -26.06% | -0.22% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.60% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.06% | — |
Current DrawdownCurrent decline from peak | -26.28% | -0.03% | -26.25% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -4.91% | -5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.01% | — |
Volatility
MUU vs. XDSQ - Volatility Comparison
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Volatility by Period
| MUU | XDSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.62% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 295.32% | 10.50% | +284.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 295.32% | 15.28% | +280.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 295.32% | 15.02% | +280.30% |
MUU vs. XDSQ - Expense Ratio Comparison
MUU has a 1.01% expense ratio, which is higher than XDSQ's 0.79% expense ratio.
Dividends
MUU vs. XDSQ - Dividend Comparison
Neither MUU nor XDSQ has paid dividends to shareholders.
Frequently Asked Questions
MUU and XDSQ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDSQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDSQ is cheaper with a 0.79% expense ratio, compared with 1.01% for MUU.
MUU and XDSQ have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Direxion and Innovator. Their fees differ too: 1.01% for MUU and 0.79% for XDSQ.
Find the right allocation for MUU and XDSQ
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