TTXU vs. MVLL

Last updated Jul 12, 2026

TTXU (Direxion Daily Technology Top 5 Bull 2X ETF) and MVLL (GraniteShares 2x Long MRVL Daily ETF) are both Leveraged Equities funds - TTXU tracks the S&P 500 Information Technology Top 5 Equal Capped Index while MVLL tracks the Marvell Technology Inc. (MRVL). Both are passively managed. A 0.55 correlation means they provide meaningful diversification when combined. TTXU charges 0.98%/yr vs 1.50%/yr for MVLL.

Performance

TTXU vs. MVLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) and GraniteShares 2x Long MRVL Daily ETF (MVLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTXU achieves a 50.13% return, which is significantly lower than MVLL's 381.49% return.

TTXU

• 1D: 0.66%
• 1M: 8.12%
• 6M: 55.95%
• YTD: 50.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MVLL

• 1D: -6.32%
• 1M: -35.60%
• 6M: 406.60%
• YTD: 381.49%
• 1Y: 416.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTXU vs. MVLL - Yearly Performance Comparison

	2026 (YTD)	2025
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	50.13%	-14.75%
MVLL GraniteShares 2x Long MRVL Daily ETF	381.49%	-8.90%

Correlation

The correlation between TTXU and MVLL is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.55

Return for Risk

TTXU vs. MVLL — Risk / Return Rank

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

TTXU

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

MVLL

MVLL Risk / Return Rank: 90
MVLL Sharpe Ratio Rank: 94
MVLL Sortino Ratio Rank: 85
MVLL Omega Ratio Rank: 85
MVLL Calmar Ratio Rank: 96
MVLL Martin Ratio Rank: 90

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.

TTXU vs. MVLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) and GraniteShares 2x Long MRVL Daily ETF (MVLL). 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.

	TTXU	MVLL	Difference
Sharpe ratio: Return per unit of total volatility	—	2.75	—
Sortino ratio: Return per unit of downside risk	—	3.01	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	7.44	—
Martin ratio: Return relative to average drawdown	—	16.04	—

Drawdowns

TTXU vs. MVLL - Drawdown Comparison

The maximum TTXU drawdown since its inception was -51.47%, smaller than the maximum MVLL drawdown of -59.02%. Use the drawdown chart below to compare losses from any high point for TTXU and MVLL.

Drawdown Indicators

	TTXU	MVLL	Difference
Max Drawdown Largest peak-to-trough decline	-51.47%	-59.02%	+7.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.06%	—
Current Drawdown Current decline from peak	-16.26%	-53.36%	+37.10%
Average Drawdown Average peak-to-trough decline	-22.21%	-23.09%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.49%	—

Volatility

Volatility by Period

	TTXU	MVLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	62.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	119.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	63.88%	148.83%	-84.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.88%	148.62%	-84.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.88%	148.62%	-84.74%

TTXU vs. MVLL - Expense Ratio Comparison

TTXU has a 0.98% expense ratio, which is lower than MVLL's 1.50% expense ratio.

Dividends

TTXU vs. MVLL - Dividend Comparison

TTXU's dividend yield for the trailing twelve months is around 0.50%, while MVLL has not paid dividends to shareholders.

Position	TTM	2025
MVLL GraniteShares 2x Long MRVL Daily ETF	0.00%	0.00%
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	0.50%	0.34%

Frequently Asked Questions

Can I hold both TTXU and MVLL in my portfolio?

TTXU and MVLL have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTXU or MVLL?

On fees, TTXU is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTXU or MVLL?

TTXU is cheaper with a 0.98% expense ratio, compared with 1.50% for MVLL.

Which ETF pays a higher dividend yield, TTXU or MVLL?

TTXU has the higher dividend yield at 0.50%, compared with 0.00% for MVLL.

What is the main difference between TTXU and MVLL?

TTXU tracks S&P 500 Information Technology Top 5 Equal Capped Index, while MVLL tracks Marvell Technology Inc. (MRVL). They also come from different issuers: Direxion and GraniteShares. Their fees differ too: 0.98% for TTXU and 1.50% for MVLL.