RDWU vs. MUU

Last updated Jun 25, 2026

RDWU (T-REX 2X Long RDW Daily Target ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds - RDWU tracks the Redwire Corporation (RDW) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. At a 0.14 correlation, their price movements are largely independent. RDWU charges 1.50%/yr vs 1.01%/yr for MUU.

Performance

RDWU vs. MUU - Performance Comparison

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

Returns By Period

RDWU

• 1D: -14.09%
• 1M: -68.04%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: -0.64%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDWU vs. MUU - Yearly Performance Comparison

	2026 (YTD)
RDWU T-REX 2X Long RDW Daily Target ETF	-43.89%
MUU Direxion Daily MU Bull 2X Shares	-12.53%

Correlation

The correlation between RDWU and MUU is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	0.14

Return for Risk

RDWU vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long RDW Daily Target ETF (RDWU) 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

RDWU vs. MUU - Drawdown Comparison

The maximum RDWU drawdown since its inception was -84.34%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for RDWU and MUU.

Drawdown Indicators

	RDWU	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-84.34%	-26.63%	-57.71%
Current Drawdown Current decline from peak	-84.34%	-26.63%	-57.71%
Average Drawdown Average peak-to-trough decline	-56.55%	-12.91%	-43.64%

Volatility

Volatility by Period

	RDWU	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	263.62%	263.57%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	263.62%	263.57%	+0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	263.62%	263.57%	+0.05%

RDWU vs. MUU - Expense Ratio Comparison

RDWU has a 1.50% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

RDWU vs. MUU - Dividend Comparison

RDWU has not paid dividends to shareholders, while MUU's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM
MUU Direxion Daily MU Bull 2X Shares	0.23%
RDWU T-REX 2X Long RDW Daily Target ETF	0.00%

Frequently Asked Questions

Can I hold both RDWU and MUU in my portfolio?

RDWU and MUU have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDWU 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, RDWU or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.50% for RDWU.

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

MUU has the higher dividend yield at 0.23%, compared with 0.00% for RDWU.

What is the main difference between RDWU and MUU?

RDWU tracks Redwire Corporation (RDW), while MUU tracks Micron Technology, Inc. (200% Daily). They also come from different issuers: T-Rex and Direxion. Their fees differ too: 1.50% for RDWU and 1.01% for MUU.