SRPU vs. MUU

Last updated Jun 25, 2026

SRPU (Tradr 2X Long SRPT Daily ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds. SRPU is actively managed, while MUU is passively managed. SRPU charges 1.30%/yr vs 1.01%/yr for MUU.

Performance

SRPU vs. MUU - Performance Comparison

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

Returns By Period

SRPU

• 1D: 0.00%
• 1M: -14.59%
• YTD: -61.41%
• 6M: -64.29%
• 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)

SRPU vs. MUU - Yearly Performance Comparison

	2026 (YTD)
SRPU Tradr 2X Long SRPT Daily ETF	0.00%
MUU Direxion Daily MU Bull 2X Shares	-12.53%

Return for Risk

SRPU vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long SRPT Daily ETF (SRPU) 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

SRPU vs. MUU - Drawdown Comparison

The maximum SRPU drawdown since its inception was -79.91%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for SRPU and MUU.

Drawdown Indicators

	SRPU	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-79.91%	-26.63%	-53.28%
Current Drawdown Current decline from peak	-79.86%	-26.63%	-53.23%
Average Drawdown Average peak-to-trough decline	-58.83%	-12.91%	-45.92%

Volatility

Volatility by Period

	SRPU	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	169.73%	263.57%	-93.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	169.73%	263.57%	-93.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	169.73%	263.57%	-93.84%

SRPU vs. MUU - Expense Ratio Comparison

SRPU has a 1.30% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

SRPU vs. MUU - Dividend Comparison

SRPU 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%
SRPU Tradr 2X Long SRPT Daily ETF	0.00%

Frequently Asked Questions

Which ETF is better, SRPU 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, SRPU or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.30% for SRPU.

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

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

What is the main difference between SRPU and MUU?

They also come from different issuers: Tradr ETFs and Direxion. Their fees differ too: 1.30% for SRPU and 1.01% for MUU.