RKTL vs. MUU

Last updated Jun 24, 2026

RKTL (Defiance Daily Target 2X Long RKT ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds - RKTL tracks the Rocket Companies, Inc. (RKT) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. At a 0.00 correlation, their price movements are largely independent. RKTL charges 1.31%/yr vs 1.01%/yr for MUU.

Performance

RKTL vs. MUU - Performance Comparison

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

Returns By Period

RKTL

• 1D: 0.92%
• 1M: -9.89%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

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

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

RKTL vs. MUU - Yearly Performance Comparison

	2026 (YTD)
RKTL Defiance Daily Target 2X Long RKT ETF	-8.29%
MUU Direxion Daily MU Bull 2X Shares	-12.11%

Correlation

The correlation between RKTL and MUU 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

Return for Risk

RKTL vs. MUU - Risk-Adjusted Trends Comparison

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

RKTL vs. MUU - Drawdown Comparison

The maximum RKTL drawdown since its inception was -79.04%, which is greater than MUU's maximum drawdown of -26.28%. Use the drawdown chart below to compare losses from any high point for RKTL and MUU.

Drawdown Indicators

	RKTL	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-79.04%	-26.28%	-52.76%
Current Drawdown Current decline from peak	-75.77%	-26.28%	-49.49%
Average Drawdown Average peak-to-trough decline	-57.43%	-10.19%	-47.24%

Volatility

Volatility by Period

	RKTL	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	130.91%	295.32%	-164.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.91%	295.32%	-164.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	130.91%	295.32%	-164.41%

RKTL vs. MUU - Expense Ratio Comparison

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

Dividends

RKTL vs. MUU - Dividend Comparison

Neither RKTL nor MUU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RKTL and MUU in my portfolio?

RKTL and MUU 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.

Which ETF is better, RKTL 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, RKTL or MUU?

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

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

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

What is the main difference between RKTL and MUU?

RKTL tracks Rocket Companies, Inc. (RKT), while MUU tracks Micron Technology, Inc. (200% Daily). They also come from different issuers: Defiance and Direxion. Their fees differ too: 1.31% for RKTL and 1.01% for MUU.