RTXG vs. MUU

Last updated Jun 24, 2026

RTXG (Leverage Shares 2X Long RTX Daily ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds. RTXG is actively managed, while MUU is passively managed. At a correlation of -0.70, they often move in opposite directions. RTXG charges 0.75%/yr vs 1.01%/yr for MUU.

Performance

RTXG vs. MUU - Performance Comparison

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

Returns By Period

RTXG

• 1D: 5.07%
• 1M: 9.01%
• YTD: -4.29%
• 6M: -6.71%
• 1Y: 41.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

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

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

RTXG vs. MUU - Yearly Performance Comparison

	2026 (YTD)
RTXG Leverage Shares 2X Long RTX Daily ETF	2.86%
MUU Direxion Daily MU Bull 2X Shares	-12.11%

Correlation

The correlation between RTXG and MUU is -0.70, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	-0.70

Return for Risk

RTXG vs. MUU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RTXG

RTXG Risk / Return Rank: 26
RTXG Sharpe Ratio Rank: 25
RTXG Sortino Ratio Rank: 28
RTXG Omega Ratio Rank: 27
RTXG Calmar Ratio Rank: 25
RTXG Martin Ratio Rank: 23

MUU

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RTXG vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long RTX Daily ETF (RTXG) 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.

	RTXG	MUU	Difference
Sharpe ratio: Return per unit of total volatility	0.84	—	—
Sortino ratio: Return per unit of downside risk	1.46	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.11	—	—
Martin ratio: Return relative to average drawdown	2.78	—	—

Drawdowns

RTXG vs. MUU - Drawdown Comparison

The maximum RTXG drawdown since its inception was -37.49%, which is greater than MUU's maximum drawdown of -26.28%. Use the drawdown chart below to compare losses from any high point for RTXG and MUU.

Drawdown Indicators

	RTXG	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-37.49%	-26.28%	-11.21%
Max Drawdown (1Y) Largest decline over 1 year	-37.49%	—	—
Current Drawdown Current decline from peak	-26.83%	-26.28%	-0.55%
Average Drawdown Average peak-to-trough decline	-9.63%	-10.19%	+0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.97%	—	—

Volatility

Volatility by Period

	RTXG	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	38.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.00%	295.32%	-245.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.19%	295.32%	-245.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.19%	295.32%	-245.13%

RTXG vs. MUU - Expense Ratio Comparison

RTXG has a 0.75% expense ratio, which is lower than MUU's 1.01% expense ratio.

Dividends

RTXG vs. MUU - Dividend Comparison

RTXG's dividend yield for the trailing twelve months is around 6.65%, while MUU has not paid dividends to shareholders.

Position	TTM	2025
MUU Direxion Daily MU Bull 2X Shares	0.00%	0.00%
RTXG Leverage Shares 2X Long RTX Daily ETF	6.65%	6.36%

Frequently Asked Questions

Can I hold both RTXG and MUU in my portfolio?

RTXG and MUU 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.

Which ETF is better, RTXG or MUU?

On fees, RTXG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RTXG or MUU?

RTXG is cheaper with a 0.75% expense ratio, compared with 1.01% for MUU.

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

RTXG has the higher dividend yield at 6.65%, compared with 0.00% for MUU.

What is the main difference between RTXG and MUU?

They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for RTXG and 1.01% for MUU.