URAA vs. MUU

Last updated Jun 26, 2026

URAA (Direxion Daily Uranium Industry Bull 2X Shares) and MUU (Direxion Daily MU Bull 2X Shares) are both exchange-traded funds - URAA is a Uranium fund tracking the Solactive United States Uranium and Nuclear Energy ETF Select Index (200%), while MUU is a Leveraged Equities fund tracking the Micron Technology, Inc. (200% Daily). Both are passively managed. At a 0.29 correlation, their price movements are largely independent. URAA charges 1.28%/yr vs 1.01%/yr for MUU.

Performance

URAA vs. MUU - Performance Comparison

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

Returns By Period

URAA

• 1D: -3.76%
• 1M: -26.89%
• YTD: -16.20%
• 6M: -23.09%
• 1Y: 3.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: 31.07%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

URAA vs. MUU - Yearly Performance Comparison

	2026 (YTD)
URAA Direxion Daily Uranium Industry Bull 2X Shares	-15.48%
MUU Direxion Daily MU Bull 2X Shares	14.65%

Correlation

The correlation between URAA and MUU is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	0.29

Return for Risk

URAA vs. MUU — Risk / Return Rank

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

URAA

URAA Risk / Return Rank: 12
URAA Sharpe Ratio Rank: 10
URAA Sortino Ratio Rank: 15
URAA Omega Ratio Rank: 15
URAA Calmar Ratio Rank: 10
URAA Martin Ratio Rank: 9

MUU

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

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.

URAA vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Uranium Industry Bull 2X Shares (URAA) 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.

	URAA	MUU	Difference
Sharpe ratio: Return per unit of total volatility	0.04	—	—
Sortino ratio: Return per unit of downside risk	0.76	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.06	—	—
Martin ratio: Return relative to average drawdown	0.11	—	—

Drawdowns

URAA vs. MUU - Drawdown Comparison

The maximum URAA drawdown since its inception was -67.45%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for URAA and MUU.

Drawdown Indicators

	URAA	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-67.45%	-26.63%	-40.82%
Max Drawdown (1Y) Largest decline over 1 year	-59.83%	—	—
Current Drawdown Current decline from peak	-57.80%	-3.84%	-53.96%
Average Drawdown Average peak-to-trough decline	-28.00%	-11.62%	-16.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.03%	—	—

Volatility

Volatility by Period

	URAA	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	74.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	95.73%	307.99%	-212.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.51%	307.99%	-218.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.51%	307.99%	-218.48%

URAA vs. MUU - Expense Ratio Comparison

URAA has a 1.28% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

URAA vs. MUU - Dividend Comparison

URAA's dividend yield for the trailing twelve months is around 12.02%, more than MUU's 0.17% yield.

Position	TTM	2025	2024
MUU Direxion Daily MU Bull 2X Shares	0.17%	0.00%	0.00%
URAA Direxion Daily Uranium Industry Bull 2X Shares	12.02%	9.14%	4.36%

Frequently Asked Questions

Can I hold both URAA and MUU in my portfolio?

URAA and MUU have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, URAA 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, URAA or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.28% for URAA.

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

URAA has the higher dividend yield at 12.02%, compared with 0.17% for MUU.

What is the main difference between URAA and MUU?

URAA is categorized as Uranium, while MUU is Leveraged Equities. URAA tracks Solactive United States Uranium and Nuclear Energy ETF Select Index (200%), while MUU tracks Micron Technology, Inc. (200% Daily). Their fees differ too: 1.28% for URAA and 1.01% for MUU.