UDOW vs. MUU
Compare and contrast key facts about ProShares UltraPro Dow30 (UDOW) and Direxion Daily MU Bull 2X Shares (MUU).
UDOW and MUU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (300%). It was launched on Feb 9, 2010. MUU is an actively managed fund by Direxion. It was launched on Oct 9, 2024.
Performance
UDOW vs. MUU - Performance Comparison
Loading graphics...
UDOW vs. MUU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UDOW ProShares UltraPro Dow30 | -13.10% | 24.46% | -2.07% |
MUU Direxion Daily MU Bull 2X Shares | 19.95% | 599.03% | -43.09% |
Returns By Period
In the year-to-date period, UDOW achieves a -13.10% return, which is significantly lower than MUU's 19.95% return.
UDOW
- 1D
- 7.38%
- 1M
- -16.17%
- YTD
- -13.10%
- 6M
- -5.67%
- 1Y
- 16.04%
- 3Y*
- 23.31%
- 5Y*
- 10.24%
- 10Y*
- 20.30%
MUU
- 1D
- 9.69%
- 1M
- -37.04%
- YTD
- 19.95%
- 6M
- 205.62%
- 1Y
- 790.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UDOW vs. MUU - Expense Ratio Comparison
UDOW has a 0.95% expense ratio, which is lower than MUU's 1.06% expense ratio.
Return for Risk
UDOW vs. MUU — Risk / Return Rank
UDOW
MUU
UDOW vs. MUU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Dow30 (UDOW) 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.
| UDOW | MUU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 6.16 | -5.84 |
Sortino ratioReturn per unit of downside risk | 0.81 | 3.70 | -2.89 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.49 | -0.38 |
Calmar ratioReturn relative to maximum drawdown | 0.65 | 14.42 | -13.77 |
Martin ratioReturn relative to average drawdown | 2.13 | 40.98 | -38.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UDOW | MUU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 6.16 | -5.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 1.52 | -1.02 |
Correlation
The correlation between UDOW and MUU is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
UDOW vs. MUU - Dividend Comparison
UDOW's dividend yield for the trailing twelve months is around 1.56%, less than MUU's 4.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UDOW ProShares UltraPro Dow30 | 1.56% | 1.38% | 0.95% | 0.95% | 0.83% | 0.26% | 0.19% | 0.61% | 0.73% | 0.13% | 0.26% | 0.21% |
MUU Direxion Daily MU Bull 2X Shares | 4.03% | 4.27% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UDOW vs. MUU - Drawdown Comparison
The maximum UDOW drawdown since its inception was -80.29%, which is greater than MUU's maximum drawdown of -75.07%. Use the drawdown chart below to compare losses from any high point for UDOW and MUU.
Loading graphics...
Drawdown Indicators
| UDOW | MUU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.29% | -75.07% | -5.22% |
Max Drawdown (1Y)Largest decline over 1 year | -30.18% | -52.72% | +22.54% |
Max Drawdown (5Y)Largest decline over 5 years | -55.79% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.29% | — | — |
Current DrawdownCurrent decline from peak | -22.46% | -48.14% | +25.68% |
Average DrawdownAverage peak-to-trough decline | -14.46% | -25.05% | +10.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 18.55% | -9.34% |
Volatility
UDOW vs. MUU - Volatility Comparison
The current volatility for ProShares UltraPro Dow30 (UDOW) is 14.74%, while Direxion Daily MU Bull 2X Shares (MUU) has a volatility of 46.74%. This indicates that UDOW experiences smaller price fluctuations and is considered to be less risky than MUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UDOW | MUU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.74% | 46.74% | -32.00% |
Volatility (6M)Calculated over the trailing 6-month period | 27.64% | 98.12% | -70.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.20% | 129.66% | -79.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.05% | 127.08% | -83.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.68% | 127.08% | -75.40% |