TEXU vs. MUU

Last updated Jun 30, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds from Direxion. TEXU is actively managed, while MUU is passively managed. At a correlation of -0.13, they often move in opposite directions.

Performance

TEXU vs. MUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) and Direxion Daily MU Bull 2X Shares (MUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TEXU

• 1D: -3.52%
• 1M: -13.41%
• YTD: 36.10%
• 6M: 37.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: 2.78%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEXU vs. MUU - Yearly Performance Comparison

	2026 (YTD)
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	-10.78%
MUU Direxion Daily MU Bull 2X Shares	1.66%

Correlation

The correlation between TEXU and MUU is -0.13, 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	-0.13

Return for Risk

TEXU vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) 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

TEXU vs. MUU - Drawdown Comparison

The maximum TEXU drawdown since its inception was -29.19%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for TEXU and MUU.

Drawdown Indicators

	TEXU	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-29.19%	-26.63%	-2.56%
Current Drawdown Current decline from peak	-29.19%	-14.74%	-14.45%
Average Drawdown Average peak-to-trough decline	-6.96%	-12.57%	+5.61%

Volatility

Volatility by Period

	TEXU	MUU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.81%	281.92%	-241.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.81%	281.92%	-241.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.81%	281.92%	-241.11%

Dividends

TEXU vs. MUU - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.62%, more than MUU's 0.20% yield.

Position	TTM	2025
MUU Direxion Daily MU Bull 2X Shares	0.20%	0.00%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.62%	0.67%

Frequently Asked Questions

Can I hold both TEXU and MUU in my portfolio?

TEXU and MUU have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

TEXU has the higher dividend yield at 1.62%, compared with 0.20% for MUU.