SNDU vs. MUU

Last updated Jun 24, 2026

SNDU (T-REX 2X Long SNDK Daily Target ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds - SNDU tracks the SanDisk Corporation (SNDK) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. SNDU charges 1.50%/yr vs 1.01%/yr for MUU.

Performance

SNDU vs. MUU - Performance Comparison

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

Returns By Period

SNDU

• 1D: -27.57%
• 1M: 58.01%
• 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)

SNDU vs. MUU - Yearly Performance Comparison

	2026 (YTD)
SNDU T-REX 2X Long SNDK Daily Target ETF	-16.99%
MUU Direxion Daily MU Bull 2X Shares	-12.11%

Correlation

The correlation between SNDU and MUU is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	1.00

Return for Risk

SNDU vs. MUU - Risk-Adjusted Trends Comparison

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

SNDU vs. MUU - Drawdown Comparison

The maximum SNDU drawdown since its inception was -46.69%, which is greater than MUU's maximum drawdown of -26.28%. Use the drawdown chart below to compare losses from any high point for SNDU and MUU.

Drawdown Indicators

	SNDU	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-46.69%	-26.28%	-20.41%
Current Drawdown Current decline from peak	-27.57%	-26.28%	-1.29%
Average Drawdown Average peak-to-trough decline	-10.44%	-10.19%	-0.25%

Volatility

Volatility by Period

	SNDU	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	199.88%	295.32%	-95.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	199.88%	295.32%	-95.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	199.88%	295.32%	-95.44%

SNDU vs. MUU - Expense Ratio Comparison

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

Dividends

SNDU vs. MUU - Dividend Comparison

Neither SNDU nor MUU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SNDU and MUU in my portfolio?

With a correlation of 1.00, SNDU and MUU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SNDU 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, SNDU or MUU?

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

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

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

What is the main difference between SNDU and MUU?

SNDU tracks SanDisk Corporation (SNDK), 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 SNDU and 1.01% for MUU.