OSCX vs. MUU

Last updated Jun 23, 2026

OSCX (Defiance Daily Target 2X Long OSCR ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds. OSCX is actively managed, while MUU is passively managed. Their correlation of 0.80 suggests significant overlap in exposure. OSCX charges 1.31%/yr vs 1.01%/yr for MUU.

Performance

OSCX vs. MUU - Performance Comparison

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

Returns By Period

OSCX

• 1D: 1.06%
• 1M: 48.06%
• YTD: 183.06%
• 6M: 155.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: 14.03%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OSCX vs. MUU - Yearly Performance Comparison

	2026 (YTD)
OSCX Defiance Daily Target 2X Long OSCR ETF	-4.15%
MUU Direxion Daily MU Bull 2X Shares	19.23%

Correlation

The correlation between OSCX and MUU is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	0.80

Return for Risk

OSCX vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long OSCR ETF (OSCX) 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.

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

Drawdowns

OSCX vs. MUU - Drawdown Comparison

The maximum OSCX drawdown since its inception was -84.49%, which is greater than MUU's maximum drawdown of -14.14%. Use the drawdown chart below to compare losses from any high point for OSCX and MUU.

Drawdown Indicators

	OSCX	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-84.49%	-14.14%	-70.35%
Current Drawdown Current decline from peak	-10.01%	0.00%	-10.01%
Average Drawdown Average peak-to-trough decline	-52.91%	-6.17%	-46.74%

Volatility

Volatility by Period

	OSCX	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	148.66%	222.50%	-73.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.66%	222.50%	-73.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.66%	222.50%	-73.84%

OSCX vs. MUU - Expense Ratio Comparison

OSCX has a 1.31% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

OSCX vs. MUU - Dividend Comparison

Neither OSCX nor MUU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OSCX and MUU in my portfolio?

OSCX and MUU have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OSCX 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, OSCX or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.31% for OSCX.

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

OSCX and MUU have nearly identical dividend yields, around 0.00%.

What is the main difference between OSCX and MUU?

They also come from different issuers: Defiance ETFs and Direxion. Their fees differ too: 1.31% for OSCX and 1.01% for MUU.